Macro observations With November’s central bank updates now behind us, there’s one event this week that will dominate investor and market sentiment. The US Presidential Election. Tuesday’s culmination of 17 months of campaigning and spends of over $100m by both candidates is still hanging in the balance. Democratic nominee Clinton, having been cleared for a second time…
While the focal point of markets over the last week or so may have been the US election, investors could have missed the situation unfolding in Crude oil markets. With many beginning to doubt whether OPEC’s provisional production output cap agreement in Algiers is plausible, reports emerged on Friday stating that Saudi Arabia has threatened to…
Shares in UK housebuilders have suffered a real drubbing today (down as much as 5%). This may surprise many of you, especially in light of all that positive housing market data and decent results/outlook from the big name builders since the referendum. However, there are a handful of reasons that can explain today’s negative share…
UK’s housebuilders are getting a drubbing this morning (down 1% to 3%). A non-exhaustive handful of reasons can explain poor performance for what is a much-loved sector for retail investors. Yesterday’s more balanced view from the Bank of England (BoE) on interest rate outlook, with economic growth holding up surprisingly well, reduces the probability of…
Shareholders in Wetherspoon (JDW) are crying into their beer this morning despite solid Q1 underlying sales growth and what is described as a decent start to the year. As always outlook is king, and so a cocktail of comments from the character that is Chairman Tim Martin are weighing on investor sentiment, putting the shares…
As the second round of FBI investigations into Hillary Clinton‘s use of a private email server continue, the latest ABC opinion polls show Donald Trump with a ‘slim’ one point lead over his Democratic counterpart. What impact has this 13% swing in voting opinions had on markets? Below is a round up of the performance…