A Debate Cheat Sheet for Business

A Debate Cheat Sheet for Business

Tax policy, inflation, the economy and markets will be some key issues for corporate America and Wall Street in tonight’s showdown between President Biden and Donald Trump. Economy, inflation and the fitness of both President Biden and Donald Trump will be in focus during tonight’s presidential debate.Jim Wilson/The New York Times Talking points All eyes … Read more

Stocks likely to benefit from Labour victory

Stocks likely to benefit from Labour victory

Stocks in certain sectors are likely to see notable benefits if Sir Keir Starmer’s Labour party wins in the July 4 elections, as anticipated, according to the CEO of a leading advisory and asset management group. Three in particular stand out as key winners of a Labour win, said Nigel Green, CEO of deVere Group. “While … Read more

Understanding Full Expensing in the United Kingdom

Understanding Full Expensing in the United Kingdom

UK Full Expensing: Understanding UK Capital Allowances Policy Skip to content Home • Blog • Understanding Full Expensing in the United Kingdom United Kingdom is nearing snap elections on July 4, 2024, and taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the … Read more

Euro outlook uncertain

Euro outlook uncertain

The EURUSD extended its recovery to 1.0740 in Tuesday’s European trading, with the major currency pair rising as growing optimism for the Fed to reduce interest rates twice this year has increased investors’ risk appetite. The US Dollar Index (DXY), which tracks the greenback’s value against six major currencies, has dropped to 105.40 as demand … Read more

Euro falls sharply after weak Eurozone PMIs

Euro falls sharply after weak Eurozone PMIs

The EURUSD faces selling pressure in Friday’s European trades due to multiple headwinds. The major currency pair declined to a six-week low near 1.0670 as the Euro weakened after downbeat Eurozone preliminary PMI data suggested the economy is losing momentum. The HCOB PMP report, produced by S&P Global, shows that the Composite PMI unexpectedly declined to … Read more

Growing number of investors opting for gold

Growing number of investors opting for gold

Gold is up around 12% year-to-date, but despite this impressive price jump, many investors are planning to continue to pile into the precious metal, according to the chief executive of a leading independent financial advisory and fintech. “There’s been a 35% year-to-date jump in clients seeking to increase their exposure to gold and a growing … Read more

Futures trade flat, crypto confused, gold faces sell-off

Futures trade flat, crypto confused, gold faces sell-off

By Naeem Aslam   European and US futures are trading close to the flatline, as investors continue to argue that the current rally has taken the price action too high and too fast. If you look at the major stock indices, such as the S&P500 or the Nasdaq 100, you will see that these majors have … Read more

France: Large demonstrations in cities against Marine Le Pen’s party

France: Large demonstrations in cities against Marine Le Pen’s party

France appears more divided than ever after the European election results, which saw Marine Le Pen’s National Rally secure the top spot, relegating Emmanuel Macron’s party to third place. This outcome forced the French president to call for early elections. The discontent with Macron is evident. Despite giving a vote of confidence to Marine Le … Read more

Political pressure weighs on Euro, EURUSD at 6-week low

Political pressure weighs on Euro, EURUSD at 6-week low

EURUSD slipped further into the low end on Friday, clipping into 1.0670 before recovering to the 1.0700 handle during the US market session. Political pressure is weighing down the Euro after a wide shift in European voter sentiment tilted towards right-of-centre political parties in European parliamentary elections recently, sparking a snap election in France. On … Read more

Neither was there a revolution nor did you become anti-establishment

Neither was there a revolution nor did you become anti-establishment

Since Sunday evening, we have all been reading a great deal about the electoral success of a young man who managed to secure one of the six seats in the European Parliament. Some have described it as a punishment for the political system, while others have called it a form of ‘revolution’ by the electorate. … Read more