Netflix shares tumble after earnings last night City Talk Netflix shares fall nearly 25% after the company reported a drop in subscribers. What happened after Netflix’s reported earnings? In extended trade last night, Netflix saw its shares tumble by a quarter of its entire value. Almost 25% was wiped off the share price in extended trade on the IG platform last night as a [...]
Early Morning Call: All eyes on Fed; gold breaks support; and Adobe down City Talk All eyes are on the US dollar with the Federal Reserve meeting ahead. EUR/USD fell yesterday as the European Central Bank expects 2023/24 inflation below the 2% target. We’re also watching GBP ahead of UK consumer price inflation data. Adobe (ADBE) plunged 7% following JPMorgan downgrade. And gold breaks support as USD strengthens ahead of [...]
The Brexit ‘clock is ticking’ … until the next extension City Talk Brexit is quite possibly the most destabilising event in recent market history. Clearly this has the most direct effect on the UK markets, but it also applies to the remaining member states of the European Union (EU). The idea that ‘financial markets like certainty’ is so often quoted that one wonders why 650 members of [...]
Why Boris should keep no-deal on the table October 9, 2019 The British government should not go into Brexit negotiations with the EU unless a no-deal outcome is kept as an option. Disregarding the rights and wrongs of Brexit, the spread of votes in the June 2016 referendum and the ensuing political shambles, the very basics of any talks aimed at an agreement must ensure that [...]
Saving early in life – you must be joking! October 9, 2019 As adults, we all wish we had saved and invested more, especially earlier on in life. How much easier retirement would be for most of us had we only paid in an extra few pounds a month into the retirement pot. The wisdom of age is a wonderful thing, but in reality, the young do [...]
