Is the metaverse crashing? How low can crypto markets go? June 14, 2022 Dr Chris Kacher explains why risk-on assets such as the metaverse are highly vulnerable to major market corrections.
Bellway and Crest Nicholson shares soar as record property prices boost housebuilders June 14, 2022 Shares in Bellway and Crest Nicholson have risen this afternoon, following upbeat trading updates which signal that record house prices are filling the pockets of housebuilders. Developer Bellway has seen its sales reservations continue to climb past their pandemic heights, as demand shows little sign of slowing. The London-listed real estate firm, whose shares rose [...]
US Federal Reserve to deliver 75 basis point rate rise tomorrow June 14, 2022 The US Federal Reserve will shock markets tomorrow by beginning a 75 basis point rate hike cycle in a bid to shake inflation out of the American economy. That’s according to top Wall Street analysts, who said last Friday’s inflation overshoot will force Fed chair Jerome Powell and rate setters to deliver a monetary policy [...]
Gas prices soar as flows dip from key markets June 14, 2022 European gas prices have spiked again this morning amid both lower flows from Norway and Russia, and weak wind output.
EP: 139 Royal Ascot – Thursday June 14, 2022 The Gold Cup, run over two and a half miles, takes centre stage at Royal Ascot on Thursday when Frankie Dettori teams up with his old favourite stayer Stradivarius, who looks to win the Group 1 prize for a fourth time. The Norfolk Stakes and Ribblesdale Stakes, both Group 2 contests, also take place on [...]
Atos chief exec leaves job after French IT firm sets out plans to split June 14, 2022 Atos chief executive Rodolphe Belmer today left his position as chief executive of the French IT consultancy, following a boardroom spat over plans to split Atos’ business into two separate, publicly-listed firms. The French exec, who only took on his new role January, is now set to be replaced by two new deputy CEOs, who [...]
Five doodles to explain climate investing in multi-asset June 14, 2022 Our multi-asset investment team has drawn five doodles that help you understand how they think about climate investing. 1. Sustainability is a two-way thing All investors should consider the impact of the climate on their portfolio. But investors whose portfolios have a sustainability objective should go one step further. They should consider the impact their portfolio [...]
Barclays teams up with Whitehall in bid to boost UK exports June 14, 2022 Barclays has agreed to a five-year partnership with the UK’s Department of International Trade, with the multinational bank tasked with helping boost British exports. Barclays will create a “Small Business High Value Exporters Pilot programme” for British businesses and conduct a series of roundtables with the department to help provide advice on selling overseas. The new [...]
1 Minute Market Rundown – 14th June 2022 June 14, 2022 Celsius Insolvent?Risk ClatteredAll Eyes on Powell It was crypto that led the charge down both yesterday and over the weekend, with ETH at the vanguard. BTC had its worst single day performance in a year, while ETH slumped 18% over further concerns around its proposed merge. News on the day of Celsius’s insolvency exacerbated the [...]
Extremely successful? Extremely lucky! June 14, 2022 People who are extremely successful in business or investing tend to think of themselves as more skilled and hard working than the average person. No doubt they are on some level, but the more extreme their success, the greater the role luck plays in achieving it. Luck is so critical to extreme success, in fact, [...]
