Before the Bell: The Fed will give its latest policy verdict today March 17, 2021 There have been growing concerns that the AstraZeneca-Oxford vaccine is linked to blood clots, which is why several European countries have halted distributing the vaccination. Multiple governments have taken the decision to suspend the rolling out of the vaccine but at the same time, the WHO and the European Medicines Agency support the vaccine. European [...]
Will rising commodity prices prompt a shift for equity investors? March 16, 2021 A number of different factors are coming together to support rising commodity prices. Such price rises could have a profound effect on the type of companies equity investors want to own. After years of being out of favour, suddenly commodity-related stocks – which are often found at the value end of the spectrum – may [...]
Bitcoin marks a significant step forward in trust for all of us March 12, 2021 Bitcoin marks a significant step forward in trust for all of us, says Michael Haynes, founder and CEO, Etherbridge.
How millennial savings app Plum could lure a new generation of DIY investors March 12, 2021 The reason Victor Trokoudes started Plum may be a familiar story to some millennials. His dad started nagging him about putting money away after he realised he hadn’t been doing much about his savings despite working as a trader in the City. He started building Plum in 2016 with co-founder Alex Michael before its launch [...]
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
Before the Bell: Sunak’s Budget aims to boost GDP, the pain comes later March 4, 2021 Although yesterday’s UK Budget was generally well received in the international markets, with the fiscal taps to be left fully open until December, the British Pound did rally. With the major decisions pre-announced earlier this week, a big equity market reaction to the Budget speech was unlikely anyway. In addition to the extension of Covid-19 specific support, [...]
Before the Bell: Reflation concerns prompts yields spike while UK CPI is up next February 17, 2021 Over the past few weeks, it’s been notable that bond markets, both in the UK and in the US are starting to price the risk of higher inflation pressures, as long-term yields move to the upside. Yesterday, US 10-year treasury yields jumped sharply higher to 1.3 per cent, in a move that suggested that markets [...]
The Week Ahead: Barclays, Natwest, retail sales, public borrowing February 15, 2021 City A.M. takes a look at some of this week’s market-shaping events. Barclays – Full year results (Thursday) The past 12 months have been difficult ones for banks in general, but UK banks have underperformed relative to their peers, Hewson said, with the unknowns of what a final Brexit deal might look like also weighing [...]
Where to find shelter from rising inflation February 10, 2021 In the wake of Covid-19, investors have started debating whether long-dormant inflation risks will soon resurface. Stay-at-home orders and government spending have left consumers with extra savings and pent-up demand that could eventually drive a spending splurge. At the same time, lockdowns have kept many businesses shut, destroying capacity in some sectors of the economy [...]
Energy bills rise could see customers trapped in ‘vicious circle of debt’ February 5, 2021 April’s price cap increase could plunge consumers into debt that suppliers have been unable to recover during the pandemic, according to Uswitch.com. Industry observers have responded to Ofgem’s announcement today that energy bills will rise by £93 to pre-pandemic levels from 1 April. The price cap, which will affect 11 million default tariff customers, has [...]