Vaccine passports: Key to normalisation but many obstacles remain April 27, 2021 Following the UK’s roadmap for the lifting of restrictions, those living in England could be allowed to embark on a foreign holiday as early as 17 May. Europe plans to launch a digital health pass scheme in June to save this summer’s holiday season from the pandemic, but technical and political obstacles are showing just [...]
Space race: Elon Musk and Jeff Bezos go head to head April 27, 2021 The space race between the world’s two richest men catapulted into hyperdrive today.
City A.M. TV: Daily Market Snapshot (video) April 26, 2021 Since early April, US equity markets have been in a persistent uptrend. That’s been is aided and abetted by (i) notable US dollar weakness; (ii) lower bond yields (resulting in tech outperformance); and (iii) a strong Q1 earnings season, with most US companies surprising markets to the upside. In that respect, and while US equity indices [...]
China considers mixing Covid-19 vaccines to increase protection rate April 12, 2021 China’s top disease control official has said the country is considering to mix Covid-19 vaccines as a way of further boosting vaccine efficacy. “Giving people doses of different vaccines is one way to improve vaccines that “don’t have very high rates of protection”, Gao Fu, the director of the Chinese Centers for Disease Control and [...]
UK’s economic reopening takes off as Europe lags further behind April 7, 2021 Friday’s bumper US payrolls report saw both the DAX and Stoxx600 post new record highs yesterday, following on from similarly record sessions in the US on Monday, and while the FTSE100 continues to lag behind, the FTSE250 was still able to close within touching distance of a record close. China and the US aside, which [...]
Video: Cargo ship adrift off Norway after dramatic rescue of crew April 7, 2021 Emergency response teams scrambled last night to prevent a Dutch cargo ship adrift in the North Sea from sinking and causing an oil spill off Norway’s coast after the crew had to be evacuated in stormy weather. Footage released by the Norwegian Rescue Coordination Centre showed some of the 12 crew members jumping into the [...]
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.
City A.M. TV: Daily Market Snapshot (video) April 1, 2021 City A.M. TV: Daily Market Snapshot (video)
City A.M. TV: Daily Market Snapshot (video) March 31, 2021 Reflation trades made new highs again yesterday across many parts of the global financial landscape. That’s most obvious in the US where the DJ Transportation index (+1.3 per cent) closed at a new high, while the S&P500 financial (+0.7 per cent) and airlines (+3.1 per cent) sectors both continued their recent strength. In Europe, the German [...]
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 [...]