Stocks continue to grind ever higher pushing many indices to reach new peaks as global stocks play catch-up with the U.S. The S&P 500, for example, is now only around 5% from its year high – a remarkable recovery from the March 23rd low. The index is now 40% above its coronavirus collapse.Read More →
At 11am (not 12am) on 31st January 2020 the UK will leave the EU After more than three years of indecision, procrastination and paralysis – the United Kingdom will finally cut away from the European Union. Deadline The withdrawal agreement will now come into effect, as the UK moves intoRead More →
Brexit update: Johnson wins vote on his deal, requests MPs to move on Boris Johnson’s Brexit deal cleared its first hurdle in Parliament on Friday, placing the UK on course to leave the European Union next month. MPs voted by 358 to 234 for it to proceed to its nextRead More →
UK GDP growth revised to 0.4% in third quarter of 2019 The ONS had earlier estimated that GDP grew 0.3% in the three months up to the end of September. It has now revised that figure to 0.4%. The Office for National Statistics said, ‘Quarterly GDP growth has been 0.3%Read More →
Finally the UK parliament makes a positive move to back Boris Johnson’s call for a December election. Will it deliver an opportunity to break the Brexit deadlock or will it deliver yet more uncertainty? Referendum by proxy? My worry is that the UK public will see this as a secondRead More →
Brexit latest update – more indecision EU defer extension decision 25th October 2019 EU defer decision on extension length as UK PM Boris Johnson puts forward plan for December election. European Union members agreed in principle a Brexit delay – but deferred a decision on the length of the extensionRead More →
Deal breakthrough? If the markets are anything to go by and with investor sentiment so high today – a U.S. – China trade deal breakthrough has to be more likely now than ever? Positive news is in abundance right now and the markets are lapping it up. Brexit deal andRead More →
Markets update Summary Asia stocks edged higher. Japan’s Nikkei closed up at: 21588. But pressure on U.S. markets as futures show Dow to open down by some 200 points. Brexit Report released today suggests a Brexit ‘no-deal’ could see UK government borrowing hit a 50 year high to as muchRead More →
Trump impeachment proceedings launched by the democrats Market moving news in brief On 25th September 2019 – reports stated that Nancy Pelosi, speaker of the U.S. House of Representatives announced that the U.S. Democratic Party had begun a formal impeachment inquiry into President Donald Trump – reportedly over allegations thatRead More →
What a difference a day makes – or a even a few weeks… Just a few week’s ago, President Trump was ramping up additional tariffs after China retaliated with a return salvo as new tariffs came in to force from both sides on 1st September 2019. Markets fell back afterRead More →