Cryptocurrencies vs. Other Asset Classes

Are cryptocurrencies potentially useful portfolio diversifiers? In their November 2017 paper entitled “Exploring the Dynamic Relationships between Cryptocurrencies and Other Financial Assets”, Shaen Corbet, Andrew Meegan, Charles Larkin, Brian Lucey and Larisa Yarovaya apply a battery of tests to analyze relationships: (1) among three cryptocurrencies; and, (2) between the cryptocurrencies and conventional asset classes. They consider cryptocurrencies with market values More

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BoE Agents' Summary: UK Pay Awards To Rise 2.5-3.5% In 2018

UK pay growth is expected to increase next year on staff retention and recruitment, a monthly report from the Bank of England showed Wednesday.

According to Agents’ summary of business conditions, a significant number of contacts expected pay award…

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FTSE dips ahead of US tax bill final vote

The FTSE 100 .FTSE shed 0.1 percent in line with the pan-European STOXX 600’s . “How much higher can we go given that most of the gains seen this year have been predicated on there being some sort of fiscal stimulus or tax reform, which now looks like being delivered,” said CMC Markets chief …

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FTSE 100 stays dull, sterling flat; BoE predicts 2018 average pays rises at 3%

Among equities, the FTSE 100 index was also pretty dull, just 8.5 points lower at 7,535, consolidating yesterday’s gains. Rebecca O’Keeffe, head of investment at interactive investor commented: “Global equity markets are struggling to find any significant direction or momentum as we approach …

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The most popular shares of 2017

The table shows the FTSE 100 and FTSE 250 shares (excluding investment trusts) with the highest number of net buys (buys minus sells) among HL clients in from 3 January to 18 December 2017. These are provided for your interest, and aren’t a guide as to how you should invest. You should consider …

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FTSE 100: 7523 Support | 7560 Resistance

The FTSE 100 bulls failed to break above the 7562 resistance yesterday with a drop during the course of the session to the 7530 area. The main news yesterday was that the House passed the tax bill, though afterwards it came to light that it may need to be done again due to some ‘discrepancies’.

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Dollar and government bonds find support

Attention is returning to the outlook for US inflation and the pace of Federal Reserve rate rises in 2018, as US tax cuts move nearer to the statute book and look priced into markets. Equities are slipping back after falls on Wall Street, bonds are ste…

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GDPR compliance to cost FTSE100 firms £15 million, banks face largest bill

As the May 2018 implementation deadline for General Data Protection Regulation (GDPR) looms, many firms are still scrambling to prepare for the landmark legislation. Their obedience will likely come at a price, however, with new research touting an average £15 million price tag for a FTSE100 firm, …

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FTSE 100 Lackluster Ahead Of Carney’s Speech

(RTTNews.com) – U.K. shares were lackluster on Wednesday as the pound inched higher and investors awaited Bank of England Governor Mark Carney’s speech to Parliament. The benchmark FTSE 100 was down 3 points at 7,540 in late opening deals after closing 0.1 percent higher in the previous …

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Eurozone Current Account Surplus Falls In October

The euro area current account surplus declined in October, figures from the European Central Bank showed Wednesday.

The current account surplus fell to a seasonally adjusted EUR 30.8 billion in October from EUR 39.2 billion in September.

The surpl…

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Swedish Krona Climbs To 2-week High Vs Euro After Riksbank Decision

The Swedish Krona spiked up against the euro in early European deals on Wednesday, as Sweden’s central bank decided to maintain its negative interest rate and to begin reinvesting next month the bonds that mature in 2019.

The Executive Board of the R…

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Sweden's Central Bank Holds Repo Rate

Sweden’s central bank decided to maintain its negative interest rate and to begin reinvesting next month the bonds that mature in 2019.

The Executive Board of the Riksbank voted to hold the repo rate at -0.50 percent, and to begin slowly raising the …

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SIF portfolio December review: Coats, Hastings, Redrow amp;amp; South32

Although market conditions have remained bullish this year and growth stocks have done well, the wider market hasn’t really gone anywhere over the last nine months.
So I’ve been very encouraged that the SIF portfolio has continued to outperform during …

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Levels to watch: FTSE 100, DAX and Dow

The FTSE 100 has dropped below 7535 yesterday evening, providing a greater possibility of further downside in the short term. Should the price break back above the 7564 mark, then this possibility would be largely negated. However, another move lower, and a break below yesterday’s low of 7527, …

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U.S. Dollar Advances As US Senate Passes Tax Reform Legislation

The U.S. dollar climbed against its most major counterparts in early European deals on Wednesday, as the Senate Republicans approved the the first major tax reform legislation in several decades, cutting tax rates for businesses and individuals.

The …

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