1 Minute Market Rundown – 3rd May 2022 May 3, 2022 | City Talk Equities Hold InCrypto Consolidates April ended as much of the year has been with risk firmly on the backfoot. It has been the worst start for the S&P since at least 1993. Crypto didn’t have the best month either with both BTC and ETH down over 16% for the month. The driving force has been [...]
Poor start of the month for global markets: April weakness rolls into May with China lockdowns not helping May 3, 2022 Asia markets got off to a poor start to the month yesterday, as did markets in Europe after the latest China PMIs showed that economic activity in April fell back by more than expected. Much was made of the slowdown in China manufacturing to 47.4 from 49.5, however non-manufacturing saw an even bigger fall, plunging [...]
Week ahead: Wall Street and City eye central bank rate decisions May 2, 2022 Traders in the City and on Wall Street will be eyeing how much their respective central banks hike interest rates by in a week of key economic and corporate announcements. London’s premier FTSE 100 index posted a reasonable performance last week, adding 0.3 per cent to finish at 7,544.55 points, while the domestically-focused mid-cap FTSE [...]
Windfall tax the backdrop for energy giants’ results May 1, 2022 London’s biggest oil companies will face an odd dilemma this week as they present what is likely to be their best set of results for years while facing calls to cough up more in tax. The businesses are predicted to report a combined 13 billion dollars (£10.5 billion) in profit from the first three months [...]
Oil prices recover as Germany lifts opposition to Russian import ban April 29, 2022 Oil prices have risen for a fourth consecutive day with concerns over Russian supply disruptions trumping reduced demand in China.
Allianz vows to stop insuring Arctic oil and gas projects April 29, 2022 Insurance giant Allianz has said it will stop insuring Arctic oil and gas fields by the middle of next year. The German multinational, which is one of the biggest oil and gas sector insurers in the world, vowed to stop insuring new oil and gas fields, oil powerplants, and oil pipelines in the Arctic by [...]
1 Minute Market Rundown – 29th April 2022 April 29, 2022 | City Talk Risk Stages a FightbackCrypto ConsolidatesUSD at a Crossroads…(We Think) Yesterday saw another significant round of USD buying as month end is upon us. For those who watch price action closely, the final leg higher in the USD yesterday could actually signify a short term high has been put in place. This all came despite the [...]
Germany ‘won’t stand in the way’ of EU ban on Russian oil imports April 29, 2022 Germany has dropped its opposition to a potential European Union (EU) ban on Russian oil imports after weeks of resisting the move.
UK high street lenders whipsaw on muddled day of trading in the City April 27, 2022 The UK’s biggest high street lenders whipsawed in the City today after giving up morning gains that initially boosted London’s top indexes. The capital’s premier FTSE 100 index closed 0.53 per cent higher at 7,425.61 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped [...]
How technology is transforming and unlocking real-estate asset classes April 27, 2022 | City Talk The line between technology and real estate is blurring, bringing new opportunities and asset classes, particularly in residential, office and biotech, says Samantha Kempe, co-founder and chief investment officer of IMMO Capital. The sheer size of the real estate sector – the global figure reached a record $326.5 trillion (about £251.1 trillion) in 2021, according [...]