Black Monday 2015: Don’t panic, the outlook after the stock market crash remains positive – despite volatility August 24, 2015 Yesterday’s dramatic moves in stock markets around the world, coming on top of the pronounced market volatility of recent weeks, will have concerned investors, with the lack of a single clear trigger making it harder to assess the potential for this volatility to be sustained. While the fluctuations we’ve seen over the last few [...]
No, leading economists are not supporting Jeremy Corbyn’s far-left agenda August 24, 2015 CORBYN wins economists’ backing for radical plan” thundered the Observer’s front page on Sunday. As I meandered around the supermarket, I did a double-take. Would distinguished economists really back printing money to fund government investment, rent controls, widespread renationalisation (in some cases without compensation), a “maximum wage”, huge tax hikes and greater powers for Trade [...]
Banking pay-outs: Forex rate-rigging scandal will be bigger than Libor August 24, 2015 The foreign exchange market is the largest financial market in the world, with transactions worth $5.4 trillion taking place every day. The revelation that banks colluded to attempt to manipulate the forex market over many years makes it likely that forex claims will cost the banks more in compensation, as well as regulatory fines, than [...]
As the CBI upgrades its forecasts, is stronger UK growth sustainable amid global turmoil? August 24, 2015 Vicky Pryce, chief economic adviser at CEBR, says Yes After three per cent growth last year, the UK is continuing to perform better than many other Western economies. The CBI’s upgrade of its growth forecast from 2.4 per cent to 2.6 per cent for the whole of 2015 builds on a couple of quarters of [...]
Warning lights flash over bond markets as losses spread across sectors August 24, 2015 Red lights are flashing over bond markets as fears mount that liquidity will evaporate when interest rates rise. Nearly all bond sectors have made losses this year, including global and emerging market bonds, corporate bonds and UK government gilts, according to Investment Association data, which shows the average bond fund’s return. With this [...]
There’s a hint of the financial crisis about this market rout – eToro Tips & Picks August 24, 2015 CHINA and global growth fears are likely to dominate markets throughout the week, after they were hammered yesterday in yet another rout for investors. Oil markets have followed equities downwards and there is unlikely to be a reprieve for European and US equity markets as we go through the week. There is very much a [...]
Arsenal v Liverpool: Brendan Rodgers laughs off controversy over offside call August 24, 2015 Liverpool manager Brendan Rodgers laughed off controversy over a disallowed Aaron Ramsey goal after his team went toe-to-toe with Arsenal in a pulsating goalless draw in the Premier League last night. Replays appeared to show Ramsey was onside when he ran onto a Santi Cazorla through-ball and slotted past Simon Mignolet at the Reds’ goalkeeper’s [...]
Joe Root rested as England bid to extend one-day revival August 24, 2015 Run-machine Joe Root has been rested for the upcoming limited-overs series with Australia as England bid to continue their one-day revolution against the World Cup winners. Root has been an ever-present in all formats of the game in recent times but will sit out Monday’s T20 international at Cardiff as well as the subsequent five [...]
World Athletics Championships 2015: Britons are class system victims, says Greg Rutherford August 24, 2015 OIympic champion Greg Rutherford aimed a swipe at UK Athletics after qualifying for the long jump final at the World Championships in Beijing yesterday. Rutherford, who is aiming to become the fifth Briton to hold world, Olympic, European and Commonwealth titles simultaneously, claimed the governing body has ensured that British athletes are the victims of [...]
Usain Bolt more eager to beat Justin Gatlin in favoured 200m August 24, 2015 The world’s fastest man Usain Bolt has warned sprint rival Justin Gatlin that he is even more confident of beating him when they resume hostilities at the World Athletic Championships in the 200m. Bolt upset the odds and reaffirmed his status as a great by beating American Gatlin, who has served two drug bans and [...]
