Gold prices hit by resurgent dollar and upcoming interest rate hike May 3, 2022 Gold prices showed some signs of recovery this afternoon after tumbling to a two-and-a-half month low earlier in the day.
1 Minute Market Rundown – 3rd May 2022 May 3, 2022 Equities Hold InCrypto Consolidates April ended as much of the year has been with risk firmly on the backfoot. It has been the worst start for the S&P since at least 1993. Crypto didn’t have the best month either with both BTC and ETH down over 16% for the month. The driving force has been [...]
Investors brace for more US Federal Reserve and Bank of England rate hikes May 3, 2022 Traders in the City and Wall Street are this week bracing for their respective central banks to push on with more rate hikes in response to a historic inflation crunch on either side of the pond. The US Federal Reserve and Bank of England announce their next interest rate decision tomorrow and Thursday respectively. Both [...]
Week ahead: Wall Street and City eye central bank rate decisions May 2, 2022 Traders in the City and on Wall Street will be eyeing how much their respective central banks hike interest rates by in a week of key economic and corporate announcements. London’s premier FTSE 100 index posted a reasonable performance last week, adding 0.3 per cent to finish at 7,544.55 points, while the domestically-focused mid-cap FTSE [...]
1 Minute Market Rundown – 29th April 2022 April 29, 2022 Risk Stages a FightbackCrypto ConsolidatesUSD at a Crossroads…(We Think) Yesterday saw another significant round of USD buying as month end is upon us. For those who watch price action closely, the final leg higher in the USD yesterday could actually signify a short term high has been put in place. This all came despite the [...]
US economy unexpectedly shrinks in sign of coming global growth cool down April 28, 2022 A sharp pullback in businesses spending to build up stock to avoid being spiked by intense supply chain disruption has led the US economy to unexpectedly shrink in a sign that global growth will cool this year. Stateside output dropped 1.4 per cent in the first three months of the year, a huge miss from [...]
How technology is transforming and unlocking real-estate asset classes April 27, 2022 The line between technology and real estate is blurring, bringing new opportunities and asset classes, particularly in residential, office and biotech, says Samantha Kempe, co-founder and chief investment officer of IMMO Capital. The sheer size of the real estate sector – the global figure reached a record $326.5 trillion (about £251.1 trillion) in 2021, according [...]
1 Minute Market Rundown – 25th April 2022 April 25, 2022 Risk Firmly on the BackfootCrypto LowerSterling and Euro Looking More and More Vulnerable Risk remains heavy across the board as fears over covid in China weigh on markets compounded fears sparked by faster and more aggressive FED tightening. We are also seeing commodities come under pressure sparked by the China fears as well as yields [...]
Amazon customers face higher prices for products as retail giant brings in fuel and inflation levy April 25, 2022 Consumers could be hit with higher prices for Amazon products, after the retail giant announced it will impose a new levy on sellers.
Tech Weekly: Robinhood aims for the UK April 22, 2022 In this week’s episode, Lily discusses investment app Robinhood’s acquisition of FCA-approved and UK-based crypto startup Ziglu. Charlie also discusses payments startup Super Payments’ $30m funding boost; and online pension provider PensionBee’s new listing on London’s top market. Episode transcript (auto-generated) Host 0:07 Hello and welcome to Tech Weekly, a podcast by City A.M. where we go through [...]