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 [...]
What it’s actually like in Qatar ahead of the World Cup 2022 June 14, 2022 Before I touched down in Qatar, I assumed it was a nation of falconry, beauty pageants for camels, and endless amounts of money. Save for a sprinkling of snazzy, FIFA-approved stadiums, little suggests Qatar plays football. When I arrive I see no goal posts in parks, locals playing, or even “No Ball Games” signs like [...]
As we remember Grenfell, we must find a way to give the survivors of the blaze closure June 14, 2022 Today marks the fifth anniversary of the Grenfell Tower fire. 72 people died in that inferno – 18 of them were children. The number of people living in the council-owned building was 297; the 223 survivors are still, today, waiting for justice. The tragedy that unfolded on the night of the 14th of June 2017 [...]
1 Minute Market Rundown – 13th June 2022 June 13, 2022 ETH Break Key SupportBTC Under Pressure There are days when I write this piece and hope I am wrong. Friday was one of those where sadly I was right and the world turned ugly. With risk already on the back foot Friday saw a huge CPI upside print and the rest is history. Global stocks [...]
ASA crypto crackdown – is it regulation by the back door? June 10, 2022 Geraint Lloyd Taylor of Lewis Silkin examines why the ASA is turning its searchlights onto cryptocurrency advertising.
1 Minute Market Rundown – 10th June 2022 June 10, 2022 Trade the ExtremesCrypto Needs to Bounce SoonWhen to Buy the Dip? Yesterday saw a lesson on how not to act like a Central Bank from the ECB. In over 25 years of trading I have rarely seen a less impressive performance at a press conference than we got from Lagarde. The plan was clear. Tell [...]
British American Tobacco narrows losses for cigarette alternatives as it invests £1bn in vapes and reduced risk products June 9, 2022 Vogue cigarette maker British American Tobacco reported slow revenue growth this morning, up two per cent.
Govt declares war on smokers as Javid looks at ‘radical ways to create a smoke-free Britain’ June 8, 2022 The UK government is about to declare war on smoking as health officials are considering “radical ways” to reduce the number of smokers in England, Sajid Javid said today. But the Health Secretary would not be drawn on whether or not the Javed Khan review on smoking would recommend that the legal smoking age should [...]
1 Minute Market Rundown – 8th June 2022 June 8, 2022 Trade the ExtremesCrypto Needs to Bounce Soon A generally quiet and rangy day for the markets which taught us little new but served to demonstrate the themes continue. All eyes are focused on the US CPI on Friday and the ECB on Thursday for clues to the relative interest rate paths. There is a little [...]
Missguided workers eye legal action after “emotionless” redundancies May 31, 2022 Missguided workers are eyeing legal action against the fast fashion brand as it hashes out a sale. After calling in administrators yesterday, the beleaguered online retailer is facing criticism from suppliers and former employees. Law firm Aticus has said it is readying legal action after employees have claimed the redundancy process was not properly managed. [...]