The pound and stock markets were lower today after a weekend in which the race for the Tory leadership was dominated by reports of favourite Boris Johnson’s domestic problems. With the outcome likely to prove critical for Brexit prospects, a cloud now hangs over sterling assets.
Whether it’s Britain’s pledge to go carbon neutral, or exhortations to “save the planet”, renewable energy is an industry whose time has come. Individuals may fear they require specialist knowledge for renewables investing, but all they need is to stick to tried and trusted investment principles.
Oil prices were lower today after the International Energy Agency said weakening economic growth would cut into demand. The cost of a barrel of crude has dropped by about 14% in the last month.
Europe’s single currency is 20 years old this year but its value against the dollar is close to recent low points. Suggestions that Italy could leave the euro have increased the pressure on the exchange rate.
The buzz-phrase of the moment is “fintech”, an abbreviation for financial technology, umbrella term for the technological revolution convulsing banking and other services. But amid all this excitement, the outsider can be confused – what is fintech and why does it matter?
Few would shun the chance to spot the next Amazon or Google when they float their shares. But which are the most valuable startups? Are they all in high-tech and what are they worth?
A rise in the gold price may be caused in part by renewed central-bank interest in bullion as a monetary asset. More than 40% of official gold sales in the years 1967-2008 have been reversed.
The WIG20 Warsaw stock index lists many of the big names in the European Union’s seventh largest economy. But its performance this year has been patchy and it is well below its high point in 2007.
London shares were higher this morning but sterling lost ground as the fight to replace Theresa May as leader of the governing Conservative Party shifted up a gear.
For financial traders, the banking industry is rich in opportunities but there are potential pitfalls, too. Attention to detail and a firm grasp of what drives the sector are key to making a success of trading bank shares.
The gold-to-silver ratio is at its highest level since 1991, suggesting the time has come to buy the “grey metal”. But what should would-be silver traders bear in mind and why are some people so down on “gold’s little sister”?
Cryptocurrencies have rallied this year after a truly dire 2018, but remain vulnerable to reverses of fortune. Despite lost ground in recent days, Bitcoin and others remain stronger than they were a month ago.
Oil traders face a dilemma in that there are equally good reasons for thinking the price will rise or fall. But the OPEC cartel is taking a positive view, although warning of downside risks.
Last year, investing in healthcare stocks proved a winner as the sector rode out concerns about changes to America’s Obamacare medical provision and delivered good returns to investors on the whole. But as a ‘wall of money’ is reportedly heading for the sector, is there a danger of a ‘health bubble’?
China’s currency valuation has long been a sore point in Washington. The yuan has dipped again recently, to its lowest value since December last year, bringing further US criticism. Are economists correct to speculate that this may well be currency manipulation to counter President Trump’s tariff war with Beijing?