COVID-19: How stock exchanges can help us #BuildBackBetter July 14, 2020 | Sponsored Mark Oliphant, Head of Communications at The International Stock Exchange Group, explores how agile public markets can help the economic and social recovery from COVID-19. Stock exchanges have been somewhat out of fashion in recent years and this seemed to be a trend reinforced earlier this year during the onset of the coronavirus (COVID-19) global [...]
Oil prices slip as Opec prepares to relax production curbs July 14, 2020 Global oil prices slid today amid growing concerns that producer cartel Opec would ease its record production curbs just as a rising number of coronavirus cases threatened to stall the reopening of the world’s economies. US standard West Texas Intermediate fell 0.8 per cent to $39.80, while worldwide benchmark Brent Crude dropped 0.4 per cent [...]
FTSE 100 drops amid rising coronavirus cases and slow growth July 14, 2020 The FTSE 100 fell and US stocks were mixed as rising coronavirus cases around the world and the start of earnings season gave investors the jitters. London’s main stock index was 0.3 per cent lower in afternoon trading at 6,158 points. The FTSE 250 index of slightly smaller companies had fallen 1.4 per cent. Read [...]
The democratisation of trading is long overdue July 14, 2020 | Sponsored Were one to survey the nation on ‘what a trader looks like,’ the responses would likely be myriad: a hybrid of Gordon Gekko and Mark Zuckerberg; a pinstriped but tech-savvy caricature drawn from a life out-of-reach. The reality is far closer to home. The marriage of globalisation and rapid technological uptake over the last two [...]
Marvin Liao talks to BEQUANT July 14, 2020 | City Talk Marvin Liao is an angel investor, advisor to several Family offices, ex-VC and ex-Tech & Media Executive. Marvin took a few minutes to talk to the team at BEQUANT about his views on COVID, crypto and the future of blockchain. 1. What in your view will happen to crypto post COVID? I think the growth of [...]
What are “accidental savers” doing with their surprise savings? July 14, 2020 | City Talk Lockdown restrictions have curbed spending, resulting in higher savings in the UK. Some of this has found its way into the financial markets; actively managed responsible investment funds have been the biggest beneficiaries. The words “accidental” and “saver” don’t often appear in the same sentence together. Saving usually takes some effort and requires sacrifices and [...]
Asian shares retreat as virus and Sino-US tensions flare July 14, 2020 Asian stock markets slipped today, oil sagged and a safety bid supported the dollar as simmering Sino-US tensions and fresh coronavirus restrictions in California kept a lid on investor optimism as earnings season gets underway. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.2 per cent. Japan’s Nikkei retreated from a one-month high touched [...]
Construction work begins on €2bn Viking Link subsea power cable July 13, 2020 Construction work on the world’s longest subsea power cable, the Viking Link, has today begun, the National Grid has announced. Running between Bicker Fen in Lincolnshire and South Jutland in Denmark, the 764km power line will be able to provide renewable power to 1.4m households upon completion in 2023. Today, Siemens Energy, which will build [...]
The FTSE 100 is lagging behind soaring global markets – but why? July 13, 2020 Stock markets around the world have soared in recent months even as economies crashed, aided by central banks pumping trillions of dollars into the system. But although all stock markets are rising, some are rising faster than others. Britain’s FTSE 100 is lagging behind almost all other major stock indices. It has risen just over [...]
FTSE 100 opens higher ahead of US earnings season July 13, 2020 The FTSE 100 opened higher and Asian markets rose overnight amid cautious optimism about a coronavirus treatment and the reopening of economies. London’s blue-chip index was 1.1 per cent higher at 6,161 points. The FTSE 250 index was up 1.2 per cent. European markets also rose, with the continent-wide Stoxx 600 climbing 0.7 per cent. [...]
