Archive for Category: Blog

Markets last week 17/02/2020

Equity markets consolidated over the last week, following a powerful rally. The sharp increase in reported COVID-19 cases (the formal name ascribed to the coronavirus) was taken in its stride, since this was deemed to be based on a wider definition of clinical symptoms, rather than a more sinister...

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Markets last week 11/02/2020

The week was marked by improving confidence that China’s coronavirus outbreak could be contained despite the soaring number of cases and fatalities, momentous US political events and good economic data in the US and elsewhere.

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How has the Corona Virus affected Chinese Markets?

The first case of the corona virus was identified on the 31st of December, causing speculation and fear among investors in the Chinese market. As the scale of the potential impact of the virus started to become apparent, and further cases were confirmed on 17th January, the HSCEI (Hang...

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Markets last week 03/02/2020

Market movements were totally driven by the coronavirus epidemic, the exponential rise in the number of infections and deaths and the WHO (World Health Organisation) announcements. Virtually no other news headlines moved markets during the week. Unsurprisingly, Chinese and Hong Kong equities were worst hit whereas the US was...

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Markets last week 27/01/2020

The markets started last week in thrall to the myriad soundbites coming out of the Davos World Economic Forum with a few economic statistics drawing attention, such as a huge rise in UK business optimism, which boosted sterling. By mid-week, the coronavirus

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Markets last week 20/01/2020

US equities were lifted by positive sentiment last week as the US-China ‘phase 1’ trade deal was inked in Washington. Macro data in the US dollar were very bullish as well. China also delivered some good numbers, even though the press focused on the fact that the GDP growth...

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The problem with cryptocurrencies

If there is one little sentence that drives me to despair, it has to be, “this time it’s different.” It almost never is, sadly, and the patterns of bubbles and their eventual bust follow a depressingly similar path. Although the arguments in favour are superficially well-constructed and sometimes cloaked...

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