1 Minute Market Rundown – 14th April 2022 April 14, 2022 Russia – UkraineChina Indicates Looser Monetary PolicyCrypto ConsolidatesECB in Focus We have spoken about the path of least resistance being the USD higher, yields higher and risk lower. Thus naturally it made sense that we saw the total opposite yesterday… We saw, in our minds, a relief rally across the board heading into the ECB [...]
Competition watchdog gives Sony and Nintendo subscriptions the green light April 13, 2022 The competition watchdog has finally given Sony and Nintendo's gaming subscription the green light following the gaming giants' changes.
1 Minute Market Rundown – 13th April 2022 April 13, 2022 Russia – UkraineCore CPI a Touch SofterCrypto ConsolidatesEarnings in Focus US CPI was the key focus of the markets yesterday. As we predicted, the bar was set high for the print as the markets expectations of a hawkish FED has run rampant. As such the USD was sold off following the print, as we thought [...]
English Cricket Board and KP under fire over The Hundred adverts April 13, 2022 Press Association The UK’s ad watchdog has warned the England and Wales Cricket Board (ECB) and its sponsor KP Snacks about directing junk food promotions at children after banning two adverts for The Hundred featuring crisps and toffee popcorn. The first ad, an email offering free bats and balls sent by the ECB to people [...]
EU watchdog approves foreign takeover of British firm Meggitt April 12, 2022 Brussels has given its blessing to a £6.3bn takeover of British defence company Meggitt by a US buyer.
1 Minute Market Rundown – 12th April 2022 April 12, 2022 Russia – UkraineNew Week, Same StoryCrypto SofterUS CPI in Focus It may be a new week but it certainly feels like the same story. Following FED member Brainard’s hawkish comments last week, markets continue to reprice in an incredibly hawkish FED. The current landscape seems quite straightforward: yields higher, risk markets lower and the USD [...]
Regulators raise concerns as investors swap shares for crypto April 11, 2022 Natwest has revealed more of its customers invest in crypto than shares, as the popularity of digital assets continues to soar.
Empty planes with no one checking in: Staggering 15,000 ‘ghost flights’ took off from UK during pandemic April 11, 2022 The Civil Aviation Authority has recently revealed that almost 15,000 “ghost flights” departed from 32 UK airports between March 2020 and September 2021. With around 4,910 planes Heathrow made the top of the list, followed by Aberdeen, Manchester and Stansted, at an overall average of 720 per month. According to City A.M. estimates, that would [...]
EU regulators set to whack Apple Music with another antitrust charge April 11, 2022 European regulators are set to whack Apple Music with an additional anti-trust charge following Spotify's complaints about the tech giant distorting competition in the market.
CD&R offers to sell petrol stations so watchdog will green light £7bn Morrisons takeover April 7, 2022 Morrisons’ new private equity owner has suggested it would sell an undisclosed number of petrol stations in order to be approved by the UK’s competition watchdog. The competition watchdog had previously expressed concerns as Clayton, Dubilier & Rice (CD&R) also owns petrol station titan Motor Fuel Group (MFG). The Competition and Markets Authority (CMA) said [...]