The headlines today might be focused on ongoing events for Italian banks following Sunday’s referendum result, however the UK banks are making tremendous headway on the UK 100 this morning. Leading names including RBS (+3.9%), Standard Chartered (+3.8%), Lloyds (+3.5%) and Barclays (+3.2%) are enjoying stellar performances near the top of the index this morning, whilst even…
Macro observations Italy has voted to reject constitutional reforms and the country’s Prime Minister, Matteo Renzi, has gone down alongside his proposals. This has thrust the Euro back into the spotlight as a busy week for European policy makers begins. The continued fallout from the Italian population’s overwhelming ‘No’ to Renzi’s proposed streamlining of the…
The UK Index ’s Miners, beloved of retail investors, have been doing rather well of late, posting gains of up to 15% since Trump’s election on hopes he will unleash a huge programme of fiscal stimulus and US infrastructure spending. This fresh requirement of raw materials like Copper, Aluminium, Zinc, Iron ore, etc, could breathe a…
With December already upon us, you might be thinking that you’ve missed the chance to benefit from trading this year’s major market moves by jumping on board during the aftermath. This year has provided so many attractive opportunities for traders to take advantage of massive directional movements from Equities, Indices, Currencies and Commodities, a clean sweep…
Having shone near the top of the on Tuesday with a 3% boost from OFCOM’s formal requirement that incumbent rival BT hive off the Openreach network infrastructure division that other operators have little choice but to piggy back, the tables have turned for TALK shareholders. Today they find themselves holding the index wooden spoon, their…
Or once again is the world’s largest cartel over-promising and under-producing the goods? So far a plethora of OPEC oil ministers have left their respective Viennese hotels with a chorus of optimistic statements that a deal will be reached at today’s meeting which begins imminently. However, the meeting holds the real prospect of no agreement being…