Macro observations Markets are easing back into the swing of things after Easter. US Fed’s Yellen to speak Tuesday 29th in the afternoon (16:30 GMT). This will be watched closely given some surprise moves into hawkish territory by some Fed members. Lots of US jobs data this week, in focus after some other disappointing recent prints, but…
INTEREST-RATE HIKE CHATTER HITS MARKETS; WHAT DOES THIS MEAN? Despite the tragic events of the past week being at the forefront of everyone’s minds, it’s time to separate all the emotion from the current global climate & start doing what we need to in this business – look forward & plan ahead. US interest rate hike chatter has…
This week saw taxpayer-rescued Royal Bank of Scotland (RBS) pay the UK treasury a whopping £1.2bn. Why? To allow it to restart paying dividends. Great news for shareholders, especially with peer Lloyds (LLOY) having just resumed its own payments. Nothing has been payable on RBS shares since early 2008, much to the discontent of long-term holders, so…
Shareholders are crying ‘Next!’ this morning as they seek out alternative investment candidates. This comes after the high-street retailer delivered a surprisingly downbeat outlook easily outweighing what was otherwise a slight beat for 2015 annual results. Saying you expect FY16 to be ‘challenging year’ on account of ‘much uncertainty in the global economy’, potentially the’…
It isn’t a good day for the UK-listed bookies. William Hill (WMH) is firmly gripping the wooden spoon after a weak Q1 trading update which is dragging on peers Ladbrokes (LAD) and UK 100 newcomer Paddy Power Betfair (PPB). Not something shareholders ever like to hear, LAD has cut revenue and profits guidance (a.k.a, issued…
Firstly, our thoughts are with the victims of the Brussels attacks and their families at this sad time. It’s not easy to sit down at your desk at 7am to be greeted by the word ‘explosions.’ Neither is it long since last year’s terror attacks in Paris. We were somewhat surprised back then when stock…