Not so ‘Super’dry

Wednesday, 12 December: Moments before the opening bell rang on London trading floors it was announced that a no-confidence vote had been triggered after tory rebels reached the 48 required signatures. Conservatives will vote later, and we will receive the result ofthe secret ballot tonight. The Prime Minister was scheduled to visit the IrishPM later…

May We Talk About the Backstop?

Tuesday, 11 December: Heightened volatility persisted across global asset classes on Tuesday after a disappointing start to the week for markets.  The slight resurgence this morning for European markets was likely led from a stable session on Wall Street yesterday that defied losses across Europe. Tech stocks were the best performing as the NASDAQ closed…

Domino’s Franchises Want A Bigger Slice

Monday, 10 December: Shares in London began cautiously with Brexit uncertainty and development, without doubt, the prominent reason behind declining shares. After the EU Court of Justice then confirmed that the UK could reverse the Brexit vote without the backing of other members the pound was put under more pressure. Before traders had barely finished…

FTSE 100 Higher as Primark hit by High Street Weakness

December 7, Friday: Stocks listed in London experienced a relief rally to close out a week of tumult, led by U.S and Asian indices as the FTSE 100 closed +1.10% with energy and mining stocks in the green. The FTSE 100 remains 2.90% lower for the week and it is hard to envisage a change…

Markets Drop as Clipper Delivers

December 6, Thursday: The FTSE 100(-3.15%) was pushed to a two year low courtesy of oil & mining stocks, and later news which described the arrest of a top Huawei executive – this renewed fears of an escalation of US-China trade tensions and prompted global equity markets to plummet. Canada arrested Huawei’s CFO Meng Wanzhou…

Stagecoach Trams On

December 5, Wednesday: US markets closed markedly lower last night, as Asian and European markets followed suit. The FTSE 100(-1.44%) was led lower by a slew of commodity, financial and materials stocks. Wall Street found itself >3% lower at the close as growth worries weighed on US equity markets as investors digested fears of potential…