FTSE Falters

Friday, 22 March: It was a downbeat end to the week as investors turned their concern to global growth concerns again. With a multitude of looming risks it was also possible some investors were deciding to cash out on the relatively high equity market positions. May was granted a short-term extension to get a Brexit…

Somebody Give Ted Baker a Hug

Thursday, 21 March: The FTSE was nudged higher at the opening bell from a weaker pound and mining shares outperforming. Overnight US markets fell after a somewhat confused reaction to the Fed’s announcement. The Fed Chair Jay Powell stated that the central bank isn’t forecasting any rate hikes during 2019. The dovish tone is fairly…

Kingfishing For New CEO

Wednesday, 20 March: European markets opened lower today as fears over progress in US and Chinese trade talks heightened, as well as the ever-imposing Brexit confusion. As the pound extended falls the FTSE was somewhat protected, closing the day 0.32% lower in comparison to falls in Germany and France of 1.3% and 0.5% respectively, following…

Pas-Bonmarche

Tuesday, 19 March: Investors remain slightly timid ahead of the Fed’s decision on interest rates tomorrow. Add to that the lack of progress with regards to Brexit and multitude of stagnating risks across the landscape, stocks are lacking flare at the start of the week. Tuesday saw European markets slowly edge higher throughout the session,…

JD Sports & Footasylum Tie-up Deal

Monday, 18 March: Shares on the FTSE 100 began the week strongly, climbing 0.98%, as a weak pound gave its constituents a boost. Having fewer international earners meant the FTSE 250 by comparison dropped 0.02%. On the whole global shares remain mixed, with various risks looming for investors. As alluded to, there’s no surprise that…

Battle Of The Bars

Friday, 15th March: Frankie & Benny’s owner Restaurant Group were forgiven by the market today after reporting a pre-tax profit which was roughly half in comparison to the same period last year due to the costs associated with the Wagamama acquisition, something we don’t see very often in times where the market is usually less…