by Steve Milford | Mar 24, 2020 | Coronavirus, News |
Global stock markets surge on the prospect of Donald Trump’s $2trn bailout. However, political point-scoring by the Democrat’s in the US could derail the $2trn stimulus, which, would affect potential gains on global stock markets. Even with the prospect of...
by Steve Milford | Mar 23, 2020 | Coronavirus, News |
After an unprecedented week of bailouts by the UK Government, the FTSE 100 index finished the week down 4 per cent and 31 per cent year to date. Although the FTSE 100 index finished the week above 5000 points, my feeling is that another week of volatility is...
by Steve Milford | Mar 19, 2020 | Coronavirus, News |
The Bank of England (BoE) has reduced the UK base rate to a record low of 0.10% to combat the coronavirus pandemic. The FTSE 100 ended the day at 5,173 up 1.83% after the Bank of England reduced interest rates to an all-time low of 0.10%. It will be too early to see...
by Steve Milford | Mar 19, 2020 | Coronavirus, News |
There is some positive news coming out of China concerning the Coronavirus, but global financial markets continue to fall! BBC News reported earlier today that China, where the virus first emerged, confirmed it had no new domestic cases on Wednesday for the first time...
by Steve Milford | Mar 18, 2020 | Coronavirus, News |
The £350bn bailout launched to save the economy yesterday initially gave markets a positive upturn. However, the sentiment is that although governments and financial institutions are putting measures in place, the short term pain is likely to remain and UK GDP is...
