Good morning,The FTSE is up by nearly 2% this morning and the euro has surged following the first round of French presidential voting, won by the centrist and ex-banker Emmanuel Macron.As a rule, I never react to events such as this. Some people can make a living out of reacting to political and macro events and I wish them well. For someone who is analysing individual stocks, however, it seems like a dangerous temptation to increase transaction costs and to get distracted from what matters most – the success or failure of individual companies.It’s worth keeping an eye on currencies, of course, but perhaps not a good idea to accidentally become a currency speculator!GrahamFishing Republic (LON:FISH)Share price: 46.5p (+4.5%)No. shares: 37.8mMarket cap: £17.5mFinal ResultsThis stock has divided opinion a little bit.Today’s results suggest to me that my mildly optimistic outlook may have been justified – the company is continuing to make progress on a number of fronts. The results are in line with expectations.Key points:5 new stores in 2016 (taking total to 12), 3 new stores in Q1 2017, and another…
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
