After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Sir Charlie Bean: Forget Brexit – the UK productivity crisis is a threat to capitalism February 8, 2020 Brexit has dominated conversations about the UK economy in recent years, just as it has hung over almost everything else. But over the last week or so, the country’s festering productivity crisis has come to the fore, with the Bank of England downgrading its growth predictions and studies describing the worst decade for productivity expansion [...]
What’s happened to GBP/EUR this week? February 7, 2020 | City Talk Sterling was on the back foot at the beginning of this week, but that wasn’t the whole story… After a positive end to last week thanks to the Bank of England holding interest rates, sterling was on the back foot at the beginning of this week due to the Prime Minister’s comments about the Brexit [...]
Asian currencies hit by coronavirus outbreak February 7, 2020 | City Talk While concern over the economic impact of the coronavirus appears to be centred on China, Japan is not immune to the ramifications of the disease. SGD: Ahead of a statement from the Monetary Authority of Singapore (MAS), the Singapore dollar fell to a four-month low. This came after a period of strength when it has [...]
Global stocks fall as coronavirus fears grip investors February 7, 2020 Global stock markets have fallen as fears resurface about the impact of coronavirus on the global economy. China’s central bank warned last night that its economy will be hit by the outbreak, and Japan reported a jump in the number of cases on board a cruise liner off of Tokyo. US markets opened lower despite [...]
Non-farm payrolls: Donald Trump bolstered by booming US jobs market February 7, 2020 US employment surged in January despite political chaos, handing President Donald Trump a weapon in his fight for reelection this year. The world’s largest economy added 225,000 jobs in January, non-farm payrolls data showed today, well above the 160,000 predicted by economists. Unemployment rose marginally to 3.6 per cent, close to record lows, as labour [...]
What’s the easiest way to send funds back to the UK? February 7, 2020 | City Talk Home is where the heart is, which is why many expats choose to send money back to the UK even with a new life abroad. There are many reasons why you may need to repatriate funds, such as property maintenance, pension payments, or helping out with school fees. It might be that after enjoying the [...]
China tells Trump ‘no effort spared’ on fighting coronavirus after doctor’s death February 7, 2020 Chinese President Xi Jinping told his US counterpart that everything possible was being done to contain the spread of the coronavirus following an outcry over the death of a doctor who had warned of the impending epidemic. The death toll currently stands at just under 650 people, including Dr Li Wenliang, who had been threatened [...]
The £19k cost of trying to time the market February 7, 2020 | City Talk When markets fall, the natural instinct is to sell. Our research highlights how costly it can be to miss the stock market’s best days. “Buy low, sell high” – that’s every investor’s goal. However, it’s easier said than done. Especially if you’re trying to time the market, which is notoriously difficult, if not impossible. It [...]
Antler secures fresh investment from Schroders February 6, 2020 Company builder Antler have taken their total raised to $75m, after closing investment from Schroders and FinTech Collective. Antler has raised the $75m in the last six months, with the latest tranche led by British investment management company Schroders, as well as Johan Andresen’s vehicle Ferd. The investors join an existing group that includes Facebook [...]
Euronext follows London with consultation on shorter trading hours February 6, 2020 Euronext has joined other stock exchanges in launching a consultation into market trading hours. The Pan-European stock exchange said: “In each of our six markets, we will not only consult our direct members, but also upstream buy side and retail associations and the operators of post trade processes, clearing and settlement”. Commenting on the announcement, [...]