Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
The US has made the long-awaited decision to allow Bitcoin to be part of mainstream investing funds.
It has approved what are known as spot Bitcoin exchange-traded funds (ETFs), which can be purchased by anyone from pension funds to ordinary investors.
https://www.google.com/amp/s/www.bbc.co.uk/news/technology-67916142.amp
ALIEN METALS (@AlienMetals) posted at 0:23 pm on Wed, Jan 10, 2024:
Citi analysts believe any dip in iron ore from here through to at least Chinese New Year could represent a buying opportunity for investors. Iron ore is set to fall for a fourth straight session amid rising supply, softer demand, and lower blast furnace rates in China.
2/2
(https://x.com/AlienMetals/status/1745058813902819619?t=_7_fItyqf07KfgXUASTaDQ&s=03)
ALIEN METALS (@AlienMetals) posted at 0:23 pm on Wed, Jan 10, 2024:
Market index reported that the iron ore price rally could continue as we enter 2024. Since 2008, iron ore has averaged a 1.9% gain in January and positive 64% of the time.
Read here: https://t.co/2wf2tDEq8I
1/2
(https://x.com/AlienMetals/status/1745058755505455201?t=Fu6DLsyivIEhsexrgDva2w&s=03)
Https://www.cityam.com/new-10-charge-to-change-at-heathrow-will-hand-lead-to-european-rivals/
Https://www.google.com/amp/s/www.bbc.co.uk/news/business-67914707.amp
WASHINGTON, Jan 9 (Reuters) - The World Bank warned on Tuesday that global growth in 2024 is set to slow for a third year in a row, prolonging poverty and debilitating debt levels in many developing countries.
Hamstrung by the COVID-19 pandemic, then the war in Ukraine and ensuing spikes in inflation and interest rates around the world, the first half of the 2020s now looks like it will be the worst half-decade performance in 30 years, it added.
https://www.reuters.com/markets/world-bank-forecasts-2024-global-growth-slow-third-consecutive-year-2024-01-09/
UK banks are facing a much tougher year in 2024 than over the past twelve months, according to analysts at Liberum.
"Cyclical and secular declines in loan growth, combined with competition from fintechs and non-banks, rising tech debt and unfavourable regulation will likely strain equity returns.
“We expect growth to continue decelerating in 2024 and likely turn negative.
https://www.proactiveinvestors.co.uk/companies/news/1037892/uk-banks-face-tough-2024-as-tailwinds-weaken-suggests-broker-1037892.html
Https://www.cityam.com/interest-rates-in-the-uk-are-caught-in-a-tug-of-war/
Https://speedcafe.com/aston-martin-new-wind-tunnel-big-change/
Analysts at the bank said "a shallower margin decline, more non interest income support and a substantial Q4 buyback make Lloyds our top pick."
https://www.proactiveinvestors.co.uk/companies/news/1037620/uk-bank-profits-will-feel-squeeze-but-lloyds-and-natwest-best-positioned-analysts-1037620.html
UK house prices rise for third consecutive month
• Average house prices rose by +1.1% in December, the third monthly rise in a row
• Property prices grew +1.7% overall in 2023
• Typical UK home now costs £287,105, just over £3,000 more than last month
• House prices predicted to fall by between -2% and -4% in 2024
• South East England continues to see most downward pressure on house prices
Kim Kinnaird, Director, Halifax Mortgages, said:
“In December, the cost of an average UK home rose for the third month in a row to £287,105, up +1.1% or £3,066, in November, reaching the highest level since March 2023.
https://www.pmi.spglobal.com/Public/Home/PressRelease/86fcd83921b74c0988c9f16ccca2c6d0
Aston Martin Lagonda Global Holdings PLC (LSE:AML) should enjoy a seasonal fuel injection for the final quarter of last year, according to Barclays, ahead of the supercar maker's annual numbers on 28 February.
The "usual seasonal bump" is forecast for the fourth quarter with regards to revenues and earnings improvement, the bank said.
Earnings should be helped by production of higher-margin Specials and increasing DB12 volumes, analysts added, meaning gross margin should cross the 40% target during the quarter.
With regards to the 2024 outlook, the company has already set the scene given that it has pointed to substantially achieving the 24/25 targets in 2024.
"In our view, this should be seen as 'up to' or 'around' rather than precisely guiding for £2 billion in revenues and £500 million of adjusted EBITDA."
https://www.proactiveinvestors.co.uk/companies/news/1037533/aston-martin-to-enjoy-seasonal-boost-in-sales-and-margins-says-analyst-1037533.html