Top stocks for Q3 2021

The second quarter of 2021 has generally been a very good period for stock market investors with major indexes such as the S&P 500, the STOXX Europe 600, and the FTSE 100 delivering solid gains. While some areas of the market, such as high-growth technology stocks, have underperformed on the back of inflation concerns, stocks in cyclical sectors such asContinue reading “Top stocks for Q3 2021”

Diversification: An Investor’s Best Bet Against Loss Aversion

What really motivates investors? If you answered “gains,” you’re only partially correct. As it turns out, people tend to hate losses more than they like gains. This basic principle of human psychology is called “loss aversion” and was first coined back in 1979 by Nobel Prize-winning economist Daniel Kahneman and his associate Amos Tversky. WhatContinue reading “Diversification: An Investor’s Best Bet Against Loss Aversion”

UK Budget 2021: What Sunak’s statement could mean for the investors

When Rishi Sunak delivers this year’s Budget on March 3, attention will be on what measures the Chancellor enacts in response to an economy stifled by lockdown and still in the grips of the pandemic. The Budget is Sunak and the government’s chance to outline a path for the UK’s economic recovery out of theContinue reading “UK Budget 2021: What Sunak’s statement could mean for the investors”

A market outlook – FTSE 100, China A50 and Nasdaq

If 2020 held twists and turns for global financial markets, 2021 has not disappointed so far either. Despite the global recession and unemployment soaring, world stock markets ended 2020 up 13%, with indexes such as the S&P 500 reaching new highs. As we push into the new year, certain sectors and regions have retained theirContinue reading “A market outlook – FTSE 100, China A50 and Nasdaq”

Global shares follow UK lower as new virus strain sends jitters through markets

Global markets fell overnight, with shares in Asia following the US and UK lower, and only uncorrelated safe havens like gold holding firm, as a new, more virulent strain of the coronavirus takes hold. Japan’s Nikkei and Hong Kong’s Hang Seng both dipped (down 1% and 0.8% respectively), mimicking losses in the US and UKContinue reading “Global shares follow UK lower as new virus strain sends jitters through markets”

Lawmakers reach $900bn stimulus deal as UK hit by new coronavirus strain

On Sunday evening, lawmakers reached a deal on a near $900bn stimulus package to help sustain the US economy as the pandemic continues to ravage the country. Recent economic data has highlighted an urgent need for stimulus, with weak retail sales figures and increasing jobless claim figures, demonstrating the fragility of the US economic recovery.Continue reading “Lawmakers reach $900bn stimulus deal as UK hit by new coronavirus strain”

Clock ticking on Brexit deal, still no agreement on stimulus package

European markets are mixed this morning as the EU’s chief negotiator Michel Barnier warns there are mere hours left to secure a trade deal between the UK and the bloc. Sterling has dipped by 0.5% against the dollar, which in turn has helped the FTSE 100 gain by a similar amount due to its overseasContinue reading “Clock ticking on Brexit deal, still no agreement on stimulus package”

Bitcoin skyrockets through all-time highs as it tops $22,000

Bitcoin has broken records by soaring through its previous all-time high, up more than 15% in the past 24 hours. At the time of writing, bitcoin is trading around $22,838 – well above any previous high achieved by the cryptoasset. In its wake other peers such as ethereum are also soaring. ETH has hit aContinue reading “Bitcoin skyrockets through all-time highs as it tops $22,000”

Markets up as US clears path for Moderna vaccine approval

European markets have opened positively this morning with Germany’s Dax leading the way up 1.6% as optimism creeps in surrounding vaccination and the prospect of US fiscal stimulus ahead of Central Bank meetings on both sides of the pond. Travel and leisure has also seen a bounce as well as better than expected numbers fromContinue reading “Markets up as US clears path for Moderna vaccine approval”

JD Sports buys Shoe Palace in $325 million deal

European markets have edged up this morning, with commodities pushing up the FTSE 100, which is currently gaining 0.4% on the day. The biggest riser is JD Sports which is up over 6% as they announce a deal to buy US sportswear brand Shoe Palace for $325 million in an all cash deal. The dealContinue reading “JD Sports buys Shoe Palace in $325 million deal”

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