US stocks rise on strong quarterly earnings July 21, 2021 US stocks rose during the open on Wednesday after investors were boosted by a string of strong company quarterly earnings. The blue chip S&P 500 rose 0.48 per cent, lifted by gains in cyclical stocks. The tech-heavy Nasdaq added 0.39 per cent, while the Dow Jones was up 0.69 per cent. Yields on 10-year US [...]
US stocks rebound after heavy losses July 20, 2021 US stocks recovered from a battering yesterday during the morning session as investors purchased assets that looked cheap after Monday’s falls. All the US’ main benchmarks rose in the morning. The blue chip S&P 500 was up 1.12 per cent; the tech-heavy Nasdaq increased 0.73 per cent and the Dow Jones added 1.49 per cent. [...]
Global banking powerhouses await forex class action ruling July 12, 2021 A London court this week will rule whether a multi-billion-pound class action filed against the world’s largest banks over accusations of foreign exchange rigging can proceed. Barclays, NatWest, UBS, Citigroup, JPMorgan and MUFG Bank are waiting to see whether they will face the first forex class action in the UK after the five-day hearing kicked [...]
City A.M. TV: A market snapshot July 12, 2021 Last week’s price action left more questions unresolved than answered. Was Thursday’s weakness the start of a new pullback? Was Friday’s rally a dead cat bounce, or the start of a renewed uptrend? Have US 10 year bonds now put in their yield low? Indeed in the UK the pattern was similar with marked weakness [...]
Most Dangerous Game: Waltz is excellent in bitesize TV thriller July 7, 2021 If you were to write a must-have list for action thrillers, TV show Most Dangerous Game would tick many of the boxes. You have a desperate hero with nowhere to turn, a villain with scary levels of omnipotence, and a concept that is easy to buy into. Liam Hemsworth is Dodge Tynes, an earnest hero [...]
How to enjoy the sizzle of steak this National BBQ Week July 5, 2021 What will the man behind the 25th National BBQ Week, which begins today, be eating and drinking at his barbecues this summer? “Corsican Cote de Boeuf and Corsican Niellucci,” says chef Brian George, “And sizzling sea bass with fennel, chilled Picpoul de Pinet and chicken ciabatta, and Sangiovese.” George is a former President of the [...]
Back to adland: What London’s creatives think about the return to the office July 3, 2021 With the final easing of lockdown restrictions on the horizon, attention is turning to the eventual return to the office and a new era of flexible working. Major banks such as JP Morgan, Goldman Sachs and Morgan Stanley have all begun bringing staff back into the office, while UBS has said it will embrace a [...]
Listen to Larry: Downing Street cat predicts England win over Ukraine July 3, 2021 You may be feeling as happy as Larry because Boris Johnson’s mouser has predicted a Three Lions win over Ukraine on Saturday in the Euro 2020 quarter final. A video released by Downing Street shows Larry the cat, who has prowled the halls of power for more than a decade, faced with a choice of [...]
French Exit review – Pfeiffer is glorious in this surreal comedy June 30, 2021 The career of Michelle Pfeiffer is one that seems to have many comebacks, but in reality, the Oscar nominee never stopped producing good work. Despite missing half of the 2000s due to a self-imposed hiatus from acting, she still appeared in hits like Hairspray and Stardust, while the 2010s saw her feature in everything from [...]
Under Milk Wood: Michael Sheen shines at the National Theatre June 24, 2021 There are few opening lines as transportive as that in Dylan Thomas’ 1954 radio play Under Milk Wood. “It is Spring, moonless night in the small town, starless and bible-black, the cobblestreets silent and the hunched, courters’-and- rabbits’ wood limping invisible down to the sloeblack, slow, black, crowblack, fishingboat-bobbing sea.” It’s a surprise, then, when [...]