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 [...]
Is Bitcoin still bullish? March 3, 2021 A study of the ups and downs in the cryptocurrency markets with 'That Martini Guy'.
Wall Street closes lower price after technology stocks retreat March 2, 2021 Wall Street closes lower price after technology stocks retreat
Step aside, Tesla. We need electric ships to hit net zero March 2, 2021 It is not surprising that the government has already set aside £400m for electric car charging points. Electric cars are familiar, and on their way to becoming mainstream. It makes sense as the Government continues full-steam ahead for their war on climate change. A study released only this week shows their fossil fuel-guzzling counterparts waste [...]
Citi report says Bitcoin could be the future of finance March 1, 2021 Investment bank Citi has suggested Bitcoin could become the currency of choice for international trade if it overcomes its "tipping point".
Corporations buy Bitcoin’s dip, JPMorgan says investors can allocate 1% of portfolios to BTC March 1, 2021 Corporations move to buy the dip as JPMorgan says investors can allocate 1% of portfolios to Bitcoin.
Carbon capture: Here’s what you need to know about the Elon Musk-backed tech February 27, 2021 Elon Musk is nothing if not divisive. But if there’s one thing about the world’s richest man that people tend to agree on, it’s that he’s good at picking winners. So when the Tesla and SpaceX founder announced – via tweet, naturally – that he would contribute $100m to the best carbon capture and storage [...]
Tesla temporarily freezes production at California assembly plant February 25, 2021 Tesla, Elon Musk’s electric vehicle company, has told workers it will temporarily freeze parts of production at its assembly plant in California. Workers on a Model 3 production line in the California-based Fremont factory were told their line would be down from Monday until 7 March, according to Bloomberg. Impacted staff expected to take holiday [...]
DeFi: Unlocking liquidity for consumers & institutions February 25, 2021 Decentralised Finance (called ‘DeFi’ for short) refers to the distributed applications or financial ‘protocols’ that are built on a public blockchain and are community governed rather than controlled by a centralised entity or intermediary. One way to think of it is as a system of open source “money legos” or components that can be assembled [...]
City A.M. TV: Daily Market Snapshot (video) February 24, 2021 Sector behaviour in the global markets is currently unusually divergent. Key cyclical sectors across the globe are making new highs: UK & US airline sectors, for example, have rallied sharply in recent trading sessions to new multi month highs; the UK’s FTSE basic materials sector is at new multi-year highs, while the global banks sector [...]