Latest Research

As expected, Theresa May survived the vote of no confidence brought against her by the opposition. The result was tight with just 19 votes in it. The pound spiked higher reflecting the short-term stability the result brings. Full attention will turn to Theresa May’s Plan B, expected 21st January.

After a steady trading in the US over night and a rebound Asia, the marker board was a sea of positivity this morning. The FTSE is seen push higher in early trade, along with European bourses and US futures. There is certainly a calmer feeling on the trading floor on Thursday, after three intense sessions, investors are pausing, waiting for more inf...

The Dow Jones hit another record high in the previous session, as celebrations over the passing of the US tax reform bill continued. Meanwhile declines in shares of technology stocks kept the S&P 500 and the Nasdaq under pressure, with the former ending in the red and the latter finishing 1% lower. Investors also scaled back on traditional safe ...

European stock markets have started Friday’s session brightly, extending their advance from the late afternoon rebound on Thursday. The rally has probably taken many people by surprise, although this shouldn’t be the case given that the markets in both the UK and US are still very close to their all-time highs. There is a reason why the markets are ...

Last week was another “risk-on” one for the markets, even though global economic data was poor. Disappointing data did however underline expectations of continued ultra-accommodative monetary policy from global central banks. This underlying theme remains valid at the start of this week.

It has now been just over a week since the EU referendum resulted in a shock exit outcome which caused the pound and stock markets to plunge. While UK and global equities have since roared back, due, in part, to “bargain hunting,” surging commodity prices and the promise of more stimulus from central banks, question marks remain over the ability ...

The bigger the drop, the bigger the rebound. That is what has happened with the FTSE 100 index in the aftermath of the UK’s vote to leave the EU. In fact, the rebound has been so profound that the index has nearly made good all the losses suffered since the Brexit vote. Clearly, some investors who were lucky enough to come through the Brexit-stim...

It was a black Friday in the financial markets after Britain voted to leave the EU in a historic referendum which saw David Cameron resign as Prime Minister. As it became clear that the outcome of the UK referendum was going to be an exit from the EU, the pound literally got pounded as it dropped from an overnight high of 1.50 to sub 1.33 when th...

European equity markets are set to close the week on a more positive note, but still sharply lower. Just 24 hours ago, Brexit concerns, central bank inaction and falling oil prices were dominating the headline and stocks were tumbling. However, Thursday’s tragic killing of Labour MP Jo Cox saw both Brexit and Leave camps suspend their campaigns. ...

Sentiment in the stock markets continue to improve. One of the biggest sources of support has been the sharp recovery in oil prices which have helped to underpin commodity stocks. Today, Brent oil has reached a new 2016 high of $51, while WTI has climbed above $50 a barrel again. As well as the on-going unscheduled supply outages in places like N...

Risk was off the menu first thing this morning in the last day of what has been a rather volatile week for the global equity markets. Although stocks on Wall Street managed to regain their poise slightly late in the day on Thursday to close mixed, global stock index futures slid along with Asian shares overnight. At the start of the European sess...

European equity markets are sharply higher today and Wall Street futures point to a firmer open on Wall Street. The catalyst behind the bounce has undoubtedly been the recent sharp rise in oil prices to new 2016 highs. This has boosted commodity stocks in particular. Oil prices eased off their best levels overnight after data from the American Pe...