Welcome to the Metaverse – a bridge between the physical and virtual worlds March 9, 2021 The Metaverse is the bridge between the physical and virtual worlds, explains Dr Chris Kacher.
Financial institutions should consider appointing AI officers March 9, 2021 Lord Holmes of Richmond sets out his hopes for the Financial Services Bill in relation to Artificial Intelligence [AI].
Higher yields not necessarily bad news for stocks, argues City-based investment veteran March 9, 2021 The spike in yields of late has sent shivers through stock markets, which recently reached an all-time high and whose valuations have been labelled as ‘stretched’ by more than one analyst. But this rise in yields, if contained, is not necessarily bad news for stocks. In fact, it suggests that the rotation into reflation-driven cyclical [...]
Two-thirds of world’s original rainforest now destroyed or damaged March 8, 2021 An estimated two-thirds of the world’s original tropical rainforest has been degraded or destroyed by people, new data has revealed, sparking concern that a vital natural buffer against the climate crisis is disappearing quickly. As well as providing protection against the impacts of climate change, the loss of forest has also majorly contributed to climate-warming [...]
This IWD, meet the women changing the booze industry March 8, 2021 The world of beer, wine and spirits has also been dominated during our lifetime by men, with phallocentric brands including Jack Daniels and Johnnie Walker aimed squarely at male drinkers. But it wasn’t always so – for thousands of years brewing was undertaken by women. And as we celebrate International Women’s Day (IWD), there are [...]
FTSE 100 ends week lower as fears over US bond yields and housing market grow March 5, 2021 FTSE 100 ends week lower as fears over US bond yields and housing market grow
Number of new jobs in the US smashes expectations with 379,000 roles added in February March 5, 2021 Number of new jobs in the US smashes expectations with 379,000 roles added
Before the Bell: Powell disappoints while China decides March 5, 2021 Last night was heavy on surprises, leading to plenty of drama. OPEC+ wrong-footed markets by leaving their production cuts intact for another month, delivering a 150,000 bpd increase to Russia and Kazakhstan, with oil prices rocketing higher. US stocks suffered large losses yesterday due to the rise in government bond yields, which was triggered by [...]
DEBATE: Is Universal Credit fit for purpose? March 4, 2021 Jonathan Reynolds, Shadow Secretary of State for Work and Pensions says NO Universal Credit has failed on its own terms. It is not offering a route out of hardship instead it is perpetuating a cycle of debt and destitution that is hurting our economy. The system starts people off in debt through the five week-wait, [...]
City A.M. TV – Daily Market Snapshot (video) March 4, 2021 The divergence between the ‘growth’ and the ‘value/cyclical’ parts of the global equity market continued yesterday. Value oriented markets, like the UK’s FTSE100 and parts of the European equity landscape, rallied on the session. The UK’s FTSE all share banks sector, for example, is back at its highest since the start of the pandemic. In [...]