19 May 2021 @ 10:19
The annual UK inflation rate more than doubled to 1.5% in April, as prices were driven higher by a rise in energy costs as well as clothing prices. April saw a 9.2% increase in the gas and electricity price cap, and a 13.6% jump in motor fuel prices, which are now at their highest level […]
30 Mar 2021 @ 11:45
The OMG newsletter recommends at least 15 companies each month, using the writers’ experience of small caps to give you a winning edge. Last week they wrote about Kromek, Proteome and Itaconix. Read about these Opportunities 4 Material Gains! Wednesday Tip Our Wednesday Tip on the 24th March was a Kromek (LSE: KMK) at 15.75p. Amongst other things […]
21 Jan 2021 @ 10:44
SPAC stands for Special Purpose Acquisition Company. It’s a company that launches through an IPO, with the express purpose of acquiring other companies. SPACs have been around for decades, but they have become very popular in recent years – in the first three quarters of 2020 over 50 SPACs were formed in the US, raising […]
15 Nov 2019 @ 09:46
London open: Stocks start higher on US-China trade hopes London-listed stocks edged higher at the end of the week after a top White House official told reporters that a US-China trade deal was “near”, assuaging investors’ concerns of a potential ‘false dawn’ in negotiations. Nonetheless, in remarks made overnight, following an event at the US […]
28 Feb 2019 @ 10:06
London open: Stocks drop on weak China data amid deluge of earnings London stocks fell in early trade on Thursday following the release of weak Chinese factory orders data and an abrupt end to the Trump-Kim denuclearisation summit. A 0850 GMT, the 100 was down 0.8% to 7,050.75, while the pound was off 0.1% against […]
11 Oct 2018 @ 09:03
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK total trade deficit widened in August Total trade deficit in the UK expanded to £1.27 billion in August, compared to a revised deficit of £0.57 billion in the previous month. Market anticipation was for the nation’s deficit to widen to £1.20 […]
08 Aug 2018 @ 11:20
London open: Stocks edge up but Glencore retreats after earnings London stocks edged higher in early trade on Wednesday, taking their cue from a positive session overnight on Wall Street as trade war woes were put to one side. At 0850 BST, the FTSE 100 was up 0.2% to 7,730.55, helped by the continued softness […]
15 Mar 2018 @ 11:52
London stocks edged higher in early trade on Thursday, although gains were capped by worries about a possible trade war between the US and China. At 0830 GMT, the FTSE 100 was up 0.2% to 7,144.20. The pound was up 0.1% against the dollar at 1.3978 and similar versus the euro at 1.1299. Overnight, Wall Street […]
31 Jan 2018 @ 15:00
Next Monday, February 5th will see Jay Powell take over at the Federal Reserve, becoming the 16th chair of the Board of Governors. This of course means that the incumbent chair, Janet Yellen will oversee her final meeting today. Powell is expected to be a moderate leader with a similarly cautious approach like his predecessor. He is seen as a ‘consensus builder’ and was […]
14 Nov 2017 @ 12:40
“Blockchain will be bigger than the dotcom boom,” says author of new book on cryptocurrency trading Trading Cryptocurrencies: A Beginner’s Guide – Bitcoin, Ethereum, Litecoin by Clem Chambers is an invaluable guide to making money in cryptocurrencies: how they work, how to invest in them, trading cryptocoins, mining, and the technical details behind them. Bitcoin is […]