The FTSE 100 index experienced a decline, with Admiral leading the fall due to the motor insurer reducing its full-year dividend.
Trader’s Café with Zak Mir: A Week In Small Caps, Saturday 27th August 2022
Just when you might have thought the worst was over for the stock market, Fed Chair Jerome Powell, via Jackson Hole, threw a spanner in the works.
On stronger demand prospects, oil prices hover around $85/bbl
Brent crude oil traded at $85 per barrel on Thursday, nearing two-month highs. This was buoyed in part by the expectation that a strong economic recovery would boost demand. However,
Analysts predict that oil prices could reach $100 when demand exceeds supply.
Analysts predict that oil prices will rise further this year after rising 50% in 2021. They believe that a shortage of production capacity and low investment could cause crude to
Omicron slump aside, oil prices soar to 2-month highs
Due to tight supply and decreasing concerns about potential demand from the Omicron coronavirus variant, oil prices reached two-month highs Wednesday.
JPMorgan believe that the Bitcoin rally is being fuelled by institutional investors
JPMorgan stated that institutional investors are returning to bitcoin, possibly because they see it as an inflation hedge better than gold.
Hurricane Ida hits US Gulf Coast – Bank Holiday roundup of commodity news
Energy This morning, the oil market continued to grow. ICE Brent has risen above US$73/bbl while WTI is moving closer to US$70/bbl.
Ben Robson – The week of 29th July- 2nd August 2019
The most important week of the year for the financial markets is upon us. The Federal open market Committee of the US is due to announce its interest rate decision
Ben Robson – The week of 15th- 19th July 2019
Last week, Federal Reserve Chair Jerome Powell’s testimony went according to the script as he signalled the Fed’s tacit willingness to cut interest rates- most probably by 25 basis points-
Ben Robson – The week of 24th-28th June 2019
Markets took their cue from the Federal Open Market Committee’s guidance from Wednesday evening onwards as Fed Chair Jerome Powell all but conceded that the Fed will cut US interest
Ben Robson – The Week of 29th April- 3 rd May 2019
Bloomberg reports that hedge funds are accumulating large short positions in the CBOE Volatility Index or VIX at “rates not seen in at least 15 years!”