Instability may put Fed hike on ice August 31, 2015 With oil so cheap, rising employment may not boost US inflation WHEN global markets dived last week, $900bn was wiped off the S&P 500 on Monday and Tuesday alone, and the prospect of a Fed rate hike in September went from consensus view to highly unlikely. But the end of the week brought promising news [...]
The US economy is powering ahead – despite China – eToro Tips & Picks August 31, 2015 SHARES in China rose during Friday’s Asian session as the resilience of the US economy once again impressed investors. US economic growth for the second quarter was revised up to an annualised 3.7 per cent, much more than the expected 2.3 per cent. The GDP print showed that, despite continued weakness out of China and [...]
Government shows some appreciation to business world with peerages for Michelle Mone and Ruby McGregor-Smith – but they’re in the minority August 27, 2015 It's a surefire sign the pomp and circumstance of an election has drawn to a close when the government unveils its list of dissolution peerages. Included in this year's list were the usual suspects – including some of the Liberal Democrats' fallen brethren (Ming Campbell, Lynne Feathersone) as well as former chancellor Alistair Darling and [...]
What UK businesses need to know to overcome export hurdles August 26, 2015 POLITICIANS’ reputations are made or broken on the back of self-imposed targets. Back in 2012, George Osborne called for a doubling of UK exports to £1 trillion by 2020. It was certainly a bold aim. But then I guess you don’t become the chancellor of the exchequer and the bookies’ favourite to be the next [...]
China stock market crash 2015 : When a correction becomes a buying opportunity – CNBC Comment August 25, 2015 The definition of “Correction Territory” is when a market sees a downward move from a recent high of 10 per cent or more. Being down over 15 per cent since its high in April, for example, the broad-based European Stoxx 600 index is now officially in correction. But with many European stock market indices down [...]
Chinese stock market crash 2015: Money has poured into Japan as Asian markets crumble over China woes August 25, 2015 Money has flowed into Japanese exchange traded funds (ETFs) this year as the market stands out as the last area of safety in Asia. So far this year, overseas investors have piled $16.4bn into ETFs tracking Japan’s stock markets – nearly quadruple last year’s total of $4.4bn, according to data from Markit. The [...]
Warning lights flash over bond markets as losses spread across sectors August 24, 2015 Red lights are flashing over bond markets as fears mount that liquidity will evaporate when interest rates rise. Nearly all bond sectors have made losses this year, including global and emerging market bonds, corporate bonds and UK government gilts, according to Investment Association data, which shows the average bond fund’s return. With this [...]
There’s a hint of the financial crisis about this market rout – eToro Tips & Picks August 24, 2015 CHINA and global growth fears are likely to dominate markets throughout the week, after they were hammered yesterday in yet another rout for investors. Oil markets have followed equities downwards and there is unlikely to be a reprieve for European and US equity markets as we go through the week. There is very much a [...]
High yield stands out as last pocket of return as bond markets make losses this year August 19, 2015 Nearly all bond sectors are in the red this year. With losses across the sector, high yield is standing out as the last area of decent return, according to experts. BOND MARKET LOSSES Four out of six Investment Association bond sectors have made losses in sterling terms this year, including global and emerging market [...]
American Apparel warns it might close August 19, 2015 American Apparel yesterday warned it might go out of business within a year, even after the clothing chain increased its credit line. It reported that sales sank 17 per cent to $134.4m (£86m), and the net loss expanded to $19.4m from $16.2m. It has been in turmoil since it suspended and then fired founder and [...]