23rd August 19
One gets the sense that the financial markets are still banking on the 'Fed put' in current times - the notion that the central bank will come in to support any weakness through policy - with the...
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22nd August 19
Gold is hanging around $1500/oz as traders await more clues to the path of futures monetary policy. Yesterday we received the latest Fed meeting minutes and there was no real mention...
Read More22nd August 19
Share in Greene King spiked 50% at the start of the week on news that the Hong Kong firm CKA, founded by Li Ka-Shing, has agreed to buy the Suffolk based brewery. This follows a developing...
Read More20th August 19
The technicals seem to be working a treat on the indices at the moment with the trade war sell-off stopping right on the weekly support zone of 7099.4. Now things seem to be simmering down...
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20th August 19
Yesterday afternoon’s announcement that one of the UK’s biggest pub operators, Greene King , had received and recommended acceptance of an 850p cash offer should come as little...
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19th August 19
WTI $54.87 +40c, Brent $58.64 +41c, Diff -$3.77 +1c, NG $2.20 -3c Oil price With a modest rise on Friday the oil price gained on the week but it was close as WTI was up 37c and Brent 11c...
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16th August 19
The question on everyone's lips now is whether the US is starting to blink, realising that levying tariffs on Chinese goods will start to bite on consumers back home. Well, the decision to...
Read More16th August 19
Shares in GE took another tumble yesterday after an investigator who unraveled the Ponzi scheme initiated by Bernie Madoff warned of 'hidden' liabilities within the company's accounts related to...
Read More16th August 19
In yesterday’s blog, a number of alternatives to stock market quoted company shares were discussed – from inflation-linked bonds to warehouse property, absolute return-focused funds to...
Read More15th August 19
The last few weeks and months have been testing times for the equity markets, pushed and pulled to the tune of the mood in the trade between the US and China. After the announcement of fresh...
Read More15th August 19
Beleaguered financial broker Plus500 are back on track to meet their expectations for the full year. The whole sector has been plagued by over-regulation and a crackdown on offering too much...
Read More14th August 19
In the last blog, three weeks ago, the author considered the immediate prospects for the UK’s financial markets following the appointment of a new prime minister –...
Read More14th August 19
WTI $57.10 +$2.17, Brent $61.30 +$2.73, Diff -$4.20 +56c, NG $2.15 +4c Oil price A big rise yesterday as President Trump backed off a bit in the tariff war and didnt want to have American...
Read More13th August 19
The FTSE 100 broke lower once again this morning as geopolitical woes and unrest in Hong Kong plays in investors minds. On the daily chart, the trendline that originated just before 2019 has...
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13th August 19
“I believe there’s still a great deal of opportunities to be exploited in the North Sea”, says Independent Oil & Gas, CEO Andrew Hockey. Combining a good portfolio of...
Read More9th August 19
US intervention on the Dollar has been a topical theme of late, with the US president consistently expressing his disapproval of current strength. Global trade has been a contentious issue...
Read More9th August 19
The weekly chart above is showing a bearish picture with the RSI indicator breaking its trendline looking lower. Also, the relatively steep trendline on the chart has also broken and not quite...
Read More8th August 19
As central banks around the world cut interest rates and start thinking about adding more stimulus gold looks like its the flavour of the month. The spot contract broke through USD/...
Read More7th August 19
WTI $63.63 -$1.06, Brent $58.94 -87c, Diff -$5.31 +19c, NG $2.11 +4c Oil price Oil fell again yesterday as concerns that the US/Sino trade arguments would have an effect on global GDP and...
Read More6th August 19
Genel Energy Interims from Genel this morning which continue to show what a strong position the company is in. WI production averaged 37,400 b/d in H1 2019 an increase of 17% compared to 1H 2018...
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