Norway and Sweden are regularly lauded as economic and social super-models. Free market capitalism and a generously backed welfare state? Tick. A commitment to private ownership and a robust public sector? Tick. Strong growth balanced by high levels of redistribution? Tick again.
UK growth came in at a crawl year-on-year for the first quarter of 2018 – just 0.1% according to the Office of National Statistics (ONS)
We all have our anchor points and not all will be in good nick.
The price of crude oil has surged 20% in the last year. Part of the price climb was the result of stronger global growth and emerging market demand. And in the last six weeks the oil price has headed north again.
The Bank of England, as predicted by City analysts, left UK interest rates on hold 0.50% today
Once the filthy, low-down enfant terrible of established finance, crypto currencies are now on nodding terms with some big City names.
A year on from the triggering of Article 50, has sterling taken a breather?
On Valentine’s Day 2018, 17 students aged between 14 and 17 were executed in a hailstorm of bullets
Knowing when to quit is a life skill. With trading and investing a clean exit is generally a combination of judgement and luck.
Is the euro overvalued? Given that the currency is +16% higher against the US dollar in the last year the question is legitimate.
There was little cheer from the FTSE 100 earlier, sinking -0.30% as IAG shares lost altitude, down -5.5%.
This morning a £752m profit for RBS.
The Dow hadn’t managed to re-cross the 25,000 line mid-afternoon
Japanese and Hong Kong shares were down overnight slipping -1.07% and -1.12% while the Shanghai Composite soared more than +2%.
