Over the past month, the winds have begun to change. After 10 long years of accommodative monetary policy from global central banks, the rest of the world has begun to catch up with the US Federal Reserve. UK Banks have been on the back foot since February, with a combination of continued ultra-low interest rates,…

My colleague is sure to have caught your eye by talking about the Banks being likely to benefit from a UK interest rate rise by year-end. So it’s my turn to look the other way and discuss who might suffer.  Banks profitability might indeed get a boost from being able to lend out money more…

Macro observations With the Bank of Japan rounding off global central bank meetings for another month, this week, policymakers at the US Federal Reserve, the European Central Bank and the Bank of England will be paraded in front of investors in order to convey the next steps for monetary policy normalisation. Federal Reserve Chair Janet…

Another week, another tirade of insults. US President Donald Trump branded Kim Jong-Un ‘Rocketman’ while Un called Trump a dotard. But while the most important game of insult tennis wages on into a third month, markets could barely be less interested, and this could be the reason why. Thankfully, this isn’t World War Three. Even…

I’m often asked what makes the perfect trade set-up in terms of risk vs reward. But it’s too easy to pick and choose from an abundance of share price charts when you have hindsight on your side. So my answer is always the same. Forget charts and share prices for a moment and let’s go…

Kingfisher shares are top dog on the UK 100 this morning, over 5% to the good after its latest trading update. This despite headline first half like-for-like sales -1.3%, profits -6% and management reiterating a cautious outlook for the second half. Outlook usually trumps everything else (after all, you can’t buy past growth), in which…