FXCM stock baskets offer cream of the crop industry stocks September 16, 2020 | City Talk It’s been months now of lockdown, and with the majority of the world spending more time working from home with CNN, BBC and Bloomberg playing on the TV in the background, it is no surprise there has been a surge in new day traders looking to take advantage of the current market volatility by beginning [...]
Is crypto trading making you overweight? Use a basket September 16, 2020 | City Talk Cryptocurrencies haven’t disappeared like some thought they would. If anything, its appeal as an asset class continues to grow. Customer interest in cryptocurrencies has spiked during all the volatility surrounding the COVID-19 pandemic. Cryptocurrencies are here to stay. So, you want in… but where to begin? There are two questions one needs to answer: how [...]
In 2020, How Can Anyone Afford to *Trade* Amazon’s Stock? September 16, 2020 | City Talk In July 2020, Amazon’s stock was over $3,000 per share. With disposable income at a premium in 2020, how can anyone actively trade this stock? For most retail traders it is just too much money locked up on a daily basis. You could find a broker who allows you to trade a full share with [...]
Official figures confirm jump in UK house prices September 16, 2020 UK house prices jumped in June after the property market reopened and a wave of pent-up demand was released, the government’s Land Registry has confirmed. Average house prices in the UK rose by 3.4 per cent in the year to June 2020, official figures showed. That was up from the 1.1 per cent increase in [...]
UK inflation falls to five year low due to Eat Out to Help Out September 16, 2020 UK inflation slipped to a five-year low in August as the Eat Out to Help Out scheme dragged down prices in the restaurant sector for the first time on record. The price of goods and services in the UK rose by 0.2 per cent in August compared to a year earlier, the Office for National [...]
British Business Bank increases funding over a fifth to £8bn September 16, 2020 The UK’s economic development bank has today reported that it supported over 98,000 businesses with around £8bn in financing in the last financial year. The British Business Bank (BBB), which has come to increased prominence in the last six months due to its role in helping UK firms impacted by the coronavirus pandemic, said in [...]
Premier Oil shares jump on Chrysaor refinancing talks September 15, 2020 Shares in Premier Oil rose 7.9 per cent today after the firm confirmed that it was in talks over a potential refinancing alternative with fellow North Sea company Chrysaor. Last month the FTSE 250 firm outlined the main terms of a deal with its creditors to extend the maturities on its £2.2bn debt pile until [...]
Average inflation targeting: what is it and what does it mean for investors? September 15, 2020 | City Talk Late-August saw the Federal Reserve (Fed) hold its keenly-watched annual Jackson Hole Economic Policy Symposium. Against a backdrop of the huge global uncertainty engendered by Covid-19, the focus on the conference was sharp. Central banks have implemented further substantial policy measures to limit the damage from the Covid-19 lockdown and maintain financial stability. Nonetheless, at [...]
Octopus Renewables Infrastructure Trust posts ‘very strong’ maiden returns September 15, 2020 Green energy investment fund Octopus Renewables Infrastructure Trust (ORIT) today reported it had achieved “very strong” shareholder returns in its maiden set of results. The fund, which first listed in December 2019, confirmed it was pursuing its full £3.8bn pipeline of wind and solar assets despite the impact of the coronavirus. The figures By the [...]
EU plans two-year extension of London clearing access September 15, 2020 The European Union is set to tell banks they can continue accessing London’s vital financial infrastructure for 18 more months in an effort to avoid instability when the Brexit transition period finishes at the end of this year. The bloc’s Commission has proposed that lenders’ access to London clearing houses should stay as it is [...]