FTSE 250 gains 14% in a week UK markets were closed on both Friday and Monday due to the Easter holiday, but over the past five trading days London-listed stocks have posted substantial gains. Small cap names in particular have enjoyed a major rally. The FTSE 250 is up 13.7% over the past five trading…
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EUROPEAN SHARES European shares trade higher on Tuesday, following a long weekend for traders and building on the boost to market sentiment carried over from the Asian session. Today’s risk appetite comes amid investors welcoming the reassuring release of China’s trade balance release, which topped estimates, while traders’ appetite was further boosted by strong signs…
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Key data points Tuesday 14 April (all day): G7’s video meeting Wednesday 15 April, 12.30 GMT: American monthly retail sales (March) - consensus -7%, previous -0.5% Thursday 16 April, 12.30 GMT: American initial jobless claims (11 Apr) - consensus 4.7 million, previous 6.6 million Brent, four-hour There hasn’t been any ongoing direction for crude oil…
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The members of the Managing Director’s External Advisory Group are: Ms. Ngozi Okonjo-Iweala, former Finance Minister of Nigeria Mr. Tharman Shanmugaratnam, Senior Minister of Singapore and Chairman of the Monetary Authority of Singapore Ms. Kristin Forbes, Professor, Massachusetts Institute of Technology Mr. Kevin Rudd, former Prime Minister of Australia Lord Mark Malloch Brown, former United…
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Hassan Ghallibaf Asl holds a PhD degree in financial management from University of Tehran and has recently been the dean of Faculty of Social Sciences and Economics of Alzahra University. Prior to SEO, he had also been the CEO of Tehran Stock Exchange for 10 years until 2018. His other past assignments include a university…
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OIL Despite the world’s oil producers agreeing to a massive cut of 9.7 million barrels per day, the oil price was unable to hold onto its initial gains as investors are still expecting there to be a global oversupply for the next few months. After a positive gap when markets opened, WTI has fallen again…
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GOLD Gold is shining with the spot price closing in on its 7-year-high at $1,700. Bullion rallied after the announcement of the Federal Reserve’s new coronavirus stimulus. Another $2.3 trillion of lending will be in the system to soften the impact of the pandemic emergency. As mentioned in previous comments, markets are understanding and pricing…
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The Cyprus Securities and Exchange Commission (CySEC) suspended this week the Cyprus Investment Firm (CIF) authorisation of Cyprus Investment Firm Belight Capital Group Ltd on violations of regulatory requirements. Financial markets have been in recovery mode for the past several weeks after falling precipitously in mid-February due to the global COVID-19 pandemic. Bitcoin, to the…
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CLS’s Head of Information Services, Masami Johnstone, commented: "The impact of COVID-19 on the global economy significantly increased in March 2020, with the World Health Organisation taking the expected step of declaring a pandemic on Wednesday 11 March. The multiple nationwide lockdowns had a significant impact on investor sentiment which led to sharp stock market…
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Vincent Dumontoy, Head of Client Solutions & Services at Horizon, commented: We are happy to be the first electronic platform to provide a direct connectivity to the new platform. Some of our clients are currently starting to issue DeltaOne tokenised securities on iSTOX. Capital markets have seen many changes and innovations over the years, and…
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