Tuesday Costain (Q2 trading update) The share price has performed well over the last 12 months helped by a strong order book. The group aims to focus on winning contracts
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Fear the dip or buy the blip?
Mike van Dulken, Head of Research at Accendo Markets commented to clients this morning: “Equities remain mixed but off their worst levels following yesterday’s bond market driven sell-off. The UK’s
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Equities and fixed income still bonded
Analysts Mike van Dulken & Henry Croft at Accendo Markets commented to clients this morning: FTSE 100 Index called to open -10pts at 7340, holding a 7330-7350 sideways channel,
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Commodities Update
Gold Yesterday, gold traded 0.41% higher in the New York session and ended at USD1246.00 per ounce. In the Asian session, at GMT0500, the precious metal is trading at USD1246.60
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Major Indices Update
FTSE100 The FTSE 100 weakened 0.51% yesterday to close at 7350.32. During the week, the index traded at a high of 7480.95 and a low of 7341.75. The FTSE 100
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Currencies Update
EURUSD The Euro strengthened against the US Dollar in the New York session yesterday, closing 0.39% higher at 1.1442. At GMT0500, the Euro is trading at 1.1441 against the US
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Global Economic Update
In the UK, net consumer credit advanced more-than-expected to £1.70bn in May, compared to an advance of £1.50bn in April. The GfK consumer confidence recorded a more-than-anticipated drop to -10.00
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Why is the demand for collective investments going to increase?
Framed by Rachel Botsman and Roo Rogers in 2010, the economic model of collaborative consumption is attracting a growing number of supporters. The idea is that paying for temporary access
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Property
‘LOCATION, LOCATION, LOCATION’ NO LONGER NO. 1 IN POST-GENTRIFICATION LONDON
Location, location, location, the property mantra that gave its name to a highly successful TV show. Unfortunately, across inner London the age-old adage has ceased to apply, according to new
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Central banks flip-flopping towards summer break
“Equities are again mixed, but it’s the turn of Germany’s DAX to underperform. Additional GBP and EUR strength vs USD (derived from hawkish BoE/ECB) is normally a hindrance to both the
