Upbeat investors are knocking on February’s door after end of month rebound January 31, 2022 After a wild and turbulent week, which saw European markets close lower for the third week in succession, and US markets hit seven-month lows, before closing the week higher, January has been a month which has proved to be hugely challenging to define a narrative for more than a day. While markets in Europe [...]
Octopus Energy faces £100m blow from market meltdown January 29, 2022 Octopus has warned it is facing a hefty bill from the energy crisis, as it absorbs the impact of the price cap and soaring wholesale costs.
Cineworld, Hammerson and Boohoo: The top 10 most shorted UK stocks and fund managers with the most positions January 29, 2022 Cineworld Group, the world’s second-largest cinema chain, is currently the most shorted UK listed company, according to new research shared exclusively with City PM this morning. Some 8.8 per cent of its stock was held short by six investment firms, with New Holland Capital the largest short position with 2.42 per cent of the company’s [...]
Mysterious Covid variant BA.2 spreads like lightning into over 40 countries but Omicron acts as ‘super booster’ to new coronavirus mutation January 27, 2022 The new Covid variant BA.2, first detected at the end of last week, is spreading rapidly across the globe, as the new mutation has now popped up in more than 40 countries around the world, according to various reports. Also called ‘stealth omicron,’ the World Health Organization has reported cases of BA.2 in dozens of [...]
Crude oil moves closer to $100 milestone as tensions mount between the US and Russia January 26, 2022 Oil prices touched $90 a barrel for the first time in seven years amid tightening supplies and rising tensions between Ukraine and Russia
Today’s Fed meeting: ‘Officials are behind the curve when it comes to dealing with inflation risk’ January 26, 2022 Markets’ main focus is set to be on today’s Fed meeting, and the messaging that is expected to layout the rate path for the rest of the year, starting with a widely expected 0.25 per cent March rate hike. “Last month’s Fed meeting saw the central bank accelerate its tapering program to $30bn a month, [...]
Market sentiment driven by events on Russia vs NATO over Ukraine and today’s Fed meeting January 26, 2022 European markets had a slightly more resilient tone yesterday, reversing some of their early week losses, however we still remain below the closing levels of last week, so it might be a little early to sound the all clear so to speak. US markets also saw another rollercoaster session, opening sharply lower, as they looked [...]
Oil prices rebound as fears of Russia invading Ukraine rise January 25, 2022 Oil prices have recovered amid growing fears of Russian invading Ukraine and a consequent tightening in supplies.
Energy supplier Yü Group glitters in the gloom as shares soar on the London Stock Exchange January 25, 2022 Shares in independent energy supplier Yü Group have risen rapidly on FTSE AIM-All Share following strong results ahead of market expectations.
Short sellers see $114bn surge in gains amid U.S. sell-off January 25, 2022 Short sellers have enjoyed a boom in gains since the start of this year amid a major US stock market sell-off, according to new data.
