Cyber attack at CeX The high street and online business is advising customers to amend their passwords. They say that they were recently hacked. The company also runs the ‘webuy.com’ website. They are advising two million customers to change their passwords. I am not aware of the type of attack …

More on the electric Mini The first electric mini is expected to be unveiled by BMW at the Frankfurt Motor Show in September. Production version of the Mini scheduled for 2019 We’ll keep you updated. Visit BMW website here The electric Mini will be built in the UK  

Pound vs Euro. This week (Tuesday) we saw the pound fall to an eleven month low. Could the pound hit parity against the Euro? BREXIT indecision, slow growth, sluggish GDP, low interest rates and party political naval gazing are adding to UK woes! Will £1.00 = 1.00 euro ?? If …

Asian Markets. Asian stocks recover as markets appear oblivious to risk. Underlying tensions remain but markets seem unaffected by the North Korean missile launch over Japan.  After falls on Tuesday, we saw a rebound on Wednesday. Japan’s NIKKEI index recovered from a four month low. South Korea KOSPI index headed …

Markets under pressure. Markets react to North Korean actions today (29/08/17) European markets go red after North Korea fires a long range missile over Japan in defiance of the joint US and South Korean military exercises. UK – The FTSE 100 closed down at: 7337 Germany – The DAX fell …

FTSE 100 companies going ex dividend on 31/08/17… G4S PLC (GFS) Croda International PLC InterContinental Hotels Group PLC (IHG) Hammerson PLC (HMSO) St James’s Place PLC (STJ)

Gold up equities down. The North Korean missile launch over Japan overnight has made investors nervous again. Gold and equities move in opposite directions as investors move to gold perceived as a safe haven during uncertain times.  

London Stock Exchange closed Monday. No markets open Monday 28th August 2017 due to UK bank holiday.

Profit warnings this week. Should we be more concerned about the profit warnings issued this week? Is it just individual company performance or a more wider concern? I don’t know. Dixons Carphone PLC (DG.), WPP Group PLC (WPP) and Provident Financial PLC  (PFG) fired profit warnings at us for varying …

Much is being made by the media of the Jackson Hole meeting on Friday. I think after years of stimulus brought on by the global financial crisis it has to be time to move back to a more ‘normal’ environment – whatever ‘normal’ is now. Debt has been fuelled by …