January couldn’t be a more crucial month for crude oil. The OPEC and non-OPEC production cut deal comes into force on the first day of the new year as producers including Saudi Arabia and Russia look to reduce supply in the currently flooded crude oil market. With the IEA reporting that oil demand could continue rising up…
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…
23 Dec Digital Look Mike van Dulken and Henry Croft at Accendo Markets said: “The key data point on this shortened UK trading day will be UK Q3 GDP seen confirmed at 0.55% quarter-on-quarter and 2.3% year-on-year, the pace of growth slowing versus last quarter but accelerating over the year from 0.7%/2.1% in Q2. With…
Those expecting a quiet-run in to the year-end are likely pleasantly surprised this morning after a host of news related to the exciting banking sector. Firstly, overnight news that Monte dei Paschi is set to receive state aid as part of a €20bn package to keep the bank and troubled peers afloat is something of…
This morning, the performances of the major UK 100 Pharmaceutical companies perfectly highlights the nature of the industry and some of the rewards (and, of course, risks) of investing in the sector. Just last week my colleague Mike wrote about reversing fortunes of the UK Index ‘s pharmas and their upside potential. Yet today the sector is…
It really is a sign of the times, worrying in some ways, when European Travel names aren’t at the tail end of the after more terror events in Europe (Turkey, Germany, Switzerland). This coupled with a stable start for European equities confirms ever thickening investor skin to such horrors, fears of which are now rekindled…