Heightened geopolitical risk following overnight US military intervention in Syria offers a timely reminder about trading and investing. It also provides us with a welcome positive takeaway that markets would appear to be overlooking into the weekend. One that could ultimately help reignite the Trump trade to record highs. Last night’s market reaction reminds us…
I’m sure you were just as surprised as me to wake up to news that the US had launched a series of overnight airstrikes targeting an airfield in Syria. Perhaps even more surprising, however, was the muted market reaction. Far from selling off significantly in response to heightened political tensions, global indices took only a minor…
Macro observations April and the second quarter of 2017 are set to begin with a bang, although hopefully not literally as within days of the triggering of Article 50 former political figures within the UK establishment suggest a Falklands-esque defence of Gibraltar should Spain make a play for the British enclave during Brexit negotiations. Theresa…
What a momentous week for the UK. With the official triggering of Article 50 now out of the way, Brexit is set to grip the financial world for the next two, and potentially more, years with a constant stream of changing information as Britain departs from the EU. But what should you be watching as the…
March may have proved a little more volatile than recent months, however, the UK’s UK 100 is still expected to move into April 1.5% to the good. A very respectable performance given last week we were almost back to breakeven, having sold off from fresh record highs the week prior. This month has thus offered…
Shares in Plumbing and Building merchant Wolseley (WOS) are top of the UK 100 this morning after consensus-beating H1 results, a 10% dividend hike and strategic Nordic exit to focus on the key US market. Like-for like/organic group sales +3.2% is solid, helped by a Q2 acceleration in both the US and UK. Group revenues…