Rise & grind: Employers splurge on keeping teams caffeinated while working remotely April 6, 2021 Employers kept staff fed and caffeinated while working from home during the pandemic, making up for the loss of coffee and sweets available at the office by expensing Starbucks and Deliveroo orders. Keeping teams fed and caffeinated while working remotely made up nearly 36 per cent of all expenses claimed during January to November 2020, [...]
City A.M. T.V Daily Market Snapshot (video) April 6, 2021 Daily market snapshot: Having largely traded sideways in February and March, US equity markets have broken out to the upside over Easter.
Moving into a brave new blockchain world is the answer to authoritarianism April 6, 2021 Moving into a brave new world with blockchain is the answer we need to authoritarianism in a crisis-hit world, says Dr Chris Kacher.
Wall Street hits record high after FTSE 100 ends first quarter in the red March 31, 2021 Wall Street has posted its fourth consecutive quarter of gains after tech stocks pushed the S&P 500 to a record high today. The S&P 500 closed up 0.57 per cent, just shy of hitting 4,000 points for the first time as hopes of economic recovery offset a spike in US Treasury yields and the collapse [...]
March is over: UK led vaccine battle this quarter but European markets outperformed March 31, 2021 As it is the end of the month, as well as the quarter, it is perhaps worth reflecting on the fact that it’s been a fairly decent period for equity markets, despite the lockdowns across Europe and in the UK. Having said that, there has been mixed progress on the vaccine rollout, with the UK [...]
NHS hits back in legal row over £23m data deal with Palantir March 30, 2021 The NHS has been thrown into a row with campaigners amid a legal row over a £23m deal with secretive US tech giant Palantir to process sensitive health data. Palantir first began working with the NHS in March last year as part of efforts to tap into a vast data store of health information to [...]
Vigilance is the key to calling crypto markets – there is no black box March 30, 2021 Dr Chris Kacher explains the major market risks, but stresses that vigilance is the key to cracking cryptocurrency markets.
City A.M. TV: Daily Market Snapshot (video) March 30, 2021 Despite concerns in the market regarding the fire sale of Archegos’ assets, the major global equity indices were largely unchanged on the day. In that respect they have held up well. The MSCI world equity index, for example, eased off by a modest 0.3%, the S&P500 was essentially flat (-0.1%), while French, German and the [...]
City A.M. TV: Daily Market Snapshot (video) March 29, 2021 It’s been a fascinating two weeks, initially building up to the Fed meeting (with the statement and updated ‘dot plots’ released on 17 March), and then dealing with the aftermath last week. As is typical of forward looking markets, they rallied into the dovish Fed announcement, peaking just after the Q&A in the press conference. Since [...]
City A.M. TV: Daily Market Snapshot (video) March 26, 2021 Since the Fed’s reiteration of its super dovish stance last week (Wednesday), global markets have struggled, up until yesterday. With that, there has been marked rotation out of many of the recently popular (reflation) trades and into unloved parts of the global markets. Many of the key mid cap country equity indices, for example, have [...]