Good news UK and U.S. markets were closed Monday 25th June 2020 – but that didn’t stop European markets roaring ahead yesterday. There are a number of positives for markets to be happy about right now. England is to re-open non-essential shops by mid June. European countries are easing theirRead More →
Money machines Central banks have been pumping money into their respective economies around the world. But it can’t go on forever, and at some point economies will have to learn to stand on their own two feet again. It won’t be easy. Coming out of lockdown Countries around the worldRead More →
On the 14th February I posted an article entitled, ‘Strange times – have U.S. markets gone mad’? Strange times – have U.S. markets gone mad? Shortly after that post, this happened… By the third week in February 2020 U.S. markets were holding up at all time highs and on theRead More →
Last week the Washington based World Bank published its bi-annual Global Economic Prospectus. Debt accumulation They point out that over the last 50 years the world has seen 4 waves of debt accumulation and that the latest one, which started in 2010 was ‘’the largest, fastest and most broad-based increase’’Read More →
Or should that be indices U.S. stocks have shown remarkable resilience in recent years. All rise They have all climbed ever higher, breaking new records despite many uncertainties circling the U.S. economy such as, Trump’s impeachment, allegations of election shenanigans, allegations of model payoffs, recessionary fears, inverted yield curves, droneRead More →
ECB holds rates at 0% and keeps its forward guidance unchanged The European Central Bank (ECB) kept rates unchanged on Thursday, in what marked President Mario Draghi’s last monetary policy meeting before Christine Lagarde takes over. Lower growth The euro zone is seeing lower growth – in part held back by globalRead More →
Opinion Are alarm bells ringing or is it just the usual general cyclical market noise? The overall concern to many investors and analysts at the moment is that the global economy has shifted from synchronised growth to one in which expansion is now decreasing. Many of the major countries aroundRead More →
News and market moving events U.S. non-farm payroll The big scheduled news event to look out for today is the U.S. non-farm payroll data due for release at: 13:30 BST. This news will most definitely move markets. The consensus is for 145,000 jobs to be created for September. The previousRead More →
Market moving daily news roundup – events & news likely to move markets 19th August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Summary Economic news calendar 19th August 2019 main market moving scheduled events Japan – trade balance,Read More →
Facebook’s Libra cryptocurrency criticised at Senate hearing Facebook’s new cryptocurrency plan has come under attack at a U.S. Senate hearing. Politicians are calling the company ‘delusional’ and untrustworthy. The Senate officials had been grilling Facebook executive David Marcus over the tech giant’s intention to launch its own digital currency. FacebookRead More →