Macro observations In the aftermath of a bungled Oscars ceremony, foreign exchange markets will be hoping that political and economic speakers this week creating avoid Hollywood-esque confusion with key speeches this week set to influence FX space. President Donald Trump will likely take the headlines as he gives his first address to Congress on Tuesday evening,…
This week taught investors several things about their beloved UK Banks. Some continue to recover from the financial crisis while others are still struggling. This leaves investors with a choice to make about what kind of growth story to be invested in or to trade around. One which offers share price returns, chunky dividends or…
As we like to mention from time to time, the Housebuilding sector really is one of the most loved by retail investors. Whether it’s the fact that their names are sprawled across buildings wherever you go, or perhaps even that you are able to quite literally see your investment grow right before your eyes, there is…
Shares in Barclays (BARC) are contributing most to the UK Index this morning (+5pts), helping keep the index above water on well received FY 2016 results. The bank confirms it was back in the black for 2016, helped by a welcome 69% drop in legal charges, a surge in investment banking revenues and profits, and…
Having helped lead the way yesterday, Banks are today’s index millstone after disappointing Q4/FY results from heavyweight HSBC (-6.1%) spooked investors in sector peers ahead of report cards this week expected to show profits progress for Lloyds and Barclays to keep their shares in post-Brexit uptrends, but RBS still struggling with legacy issues. Profits for…
Macro observations With another week comes another debate, as Sterling is set to to take yet another ride on the Brexit rollercoaster. This week, the latest hurdle to face the UK’s exit from the European Union is the House of Lords, with the upper house of Parliament beginning its review of the Article 50 bill…