The first two weeks of 2017 saw a phenomenal rally for the UK’s blue-chip index. Over the course of 14 sessions, the UK 100 built on a succession of record closes that began on 22 December to maintain the longest consecutive winning streak in its history – both for positive trading sessions (14) and record closes…
In the first high profile event of the week (apparently there’s something happening in Washington on Friday?), UK Prime Minister Theresa May finally revealed her Brexit strategy in a keynote speech to EU ambassadors and journalists in London in an attempt to clarify the UK Government’s plans for its EU exit. As was reported overnight…
Whilst many stipulated back in November that the dizzying post Trump rally could not reach much further than the 19,000 point barrier (in itself an achievement), few would have thought that 20,000 was a possible target. Yet here we are. And have been for some time now. 19,000 was broken within two weeks of Trump’s…
The UK Index looks set to close flat today, with only small gains for the week. Whilst not exactly offering the excitement of recent weeks or that seen earlier in the year, there are a host of strong positives and hidden messages to be taken from such a calm move into the festive period. For…
Unless you’ve been living under a rock, or perhaps cut yourself off from the world since Donald Trump’s election, you’ll be well aware that financial markets globally have been undertaking an almighty rally, nowhere more so than Trump’s United States. Wall Street has closed at all-time record highs for four simultaneous days already this week and…
Markets are giving US President-elect Donald Trump the benefit of the doubt. Rather like Brexit, early surprise and discontent has already given way to acceptance and optimism. Brexit was obviously not an isolated event. Voters and investors in another major nation have been dealt a new hand. The view now is, what’s done is done,…