UK Market Update  Mon 17 June 19: Flat Day in the Green: GBP Weakens, Oil near $60

UK Market Update Mon 17 June 19: Flat Day in the Green: GBP Weakens, Oil near $60

All of the UK markets closed relatively flat to green after a slow day . GBP slipped further against USD to levels not seen since the first week of 2019. Crude slipped back and is hovering just above the $60 level but seems similarly muted … Read More
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UK Market Update  Fri 14 June 19: Muted Day in Red: Oil Rallies: GBP Slumps below $1.26

UK Market Update Fri 14 June 19: Muted Day in Red: Oil Rallies: GBP Slumps below $1.26

Poor economic data out of China overnight helped set the tone for today’s European trading session as the weaponised trade tariffs start to impact the Chinese economy. European and UK markets were soft today with negatives… Read More
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UK Market Update  Thurs 13 June 19:  FTSE 100 Flat as AIM Sells off: TechMARK Rejects ’19 Highs

UK Market Update Thurs 13 June 19: FTSE 100 Flat as AIM Sells off: TechMARK Rejects ’19 Highs

GBP dropped below $1.27 against USD as Johnson seems set to be the next PM which raises the spectre of a hard Brexit yet again. Crude rallied back over 3% after briefly dropping below the $60 mark on increased tensions in the Gulf:  the $60 level has been a battleground over the past few weeks and seems to be a floor from the precipitous drop from over $76 just a month ago.  Outperforming sectors included… Read More
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UK Market Update Wed 12 June 19: UK Day in Red : Oil Continues to drop:  GBP below $1.27

UK Market Update Wed 12 June 19: UK Day in Red : Oil Continues to drop: GBP below $1.27

Most of the UK markets all pulled back today dropping between 0.1 and 0.4% in relatively calm markets. The techMARK did continue to rally up 0.14%  and remains the vanguard of the 2019 rally.  Sector outperformance today included Mining +0.4%, Pharm +0.8% and Personal Goods +0.7%. … Read More
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UK Market Update Tues 11 June 19. UK Markets remain bullish , Oil below $63

UK Market Update Tues 11 June 19. UK Markets remain bullish , Oil below $63

Another day in green for the UK markets with a better than expected UK employment number this am. This helped to lift GBP up 0.25% on the day while the FTSE 100 was up 0.3%, the FTSE 250 and AIM All-Share up 0.1% . Crude sold-off over 1% and is below the $63 mark. T… Read More
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UK Companies Reporting Tues 18 June 19

Ashtead group, KCOM, Marlowe, NextEnergy Solar, Safestore, TechFinancials,  Telecom Plus

 

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