Investor appetite for risk and hunger for outperformance is being nourished by the usual suspects of Banks/Financials and raw-material sensitive Miners topping the UK 100 this morning, accompanied by continued rebound by those Brexit-battered Housebuilders. This after Friday’s US jobs report saw stateside bourses push on towards all-time highs (the S&P500 within a whisker) as…
8 Jul Telegraph Mike van Dulken, of Accendo Markets: “The monthly US Non-Farm Payrolls is sure to take centre stage as it does each month. The NFP number itself is unlikely to fuel Fed plans for a rate hike given the Brexit headwind, even if it does rebound very strongly (from 38K to the usual 150-200K average), although another very weak figure would…
It’s fair to say the UK’s UK 100 has essentially brushed aside the Brexit fears that gripped it on the day the UK voted to leave. However it’s been driven back up by the big defensive stocks and some multinationals which have enjoyed FX translation benefits since they conduct a lot of their business in…
Back here again, already? Time does fly when you’re having fun. Only two weeks since the Brexit vote, major US companies are already lined up to report their latest quarterly profits and tell shareholders next week how optimistic they feel about the future. This can have a huge impact on share prices this side of…
cyber security firm NCC Group is onto a real winner. Or is it? The company is charged with protecting the online privacy of people who make a living from living very public lives – online. There are thousands of these people in various states of manufacture. They’re like new cars – they roll off the reality…
UK Housebuilders and Real Estate Investment Trusts (REITs) are delivering a surprise bounce this morning despite a seventh fund saying it had bolted its gates to investors wanting to cash out. This takes the value of frozen real estate funds to more than half of the sector’s £25bn total; both a good and bad thing….