By Graeme W Field Whether you first saw them in the original Total Recall’s Johnny Cab or Knight Rider’s Kitt, the era of driverless cars will soon be upon us and what is life really going to be like when our journey to work involves conducting board meetings, analyzing spreadsheets or updating numerous social media … Continue reading Driverless technology and its financial implications.
By Mark Boyes Thursday the 19th October marked the 30th anniversary of Black Monday, a day during which the Dow Jones Index fell by 22.6% in just 24 hours. With the US and UK equity markets flirting around their all-time highest levels, there has been talk of on an imminent correction, due to the simple … Continue reading Are the markets ready for a correction?
With construction still rife in Dubai, there certainly seems to be a substantial increase in the supply of property. You would expect that demand would closely match this, as in recent years there has been a steady annual population growth of around 6%. Unfortunately, demand isn’t following suit – causing a large decrease in house … Continue reading Construction in Dubai, and its Effect on Property Prices
On the 18th April, Theresa May announced that a snap general election was going to take place on the 8th June. She subsequently won by the skin of her teeth, whilst also causing a lot of uncertainty with regards to the 2017 Finance Bill. Due to the dissolution of parliament before the election, ministers … Continue reading Effect of Snap Election on UK Finance Bill
Now that the dust has settled, Donald Trump has emerged victorious in the 2016 US Presidential election and is scheduled to be sworn in as President on 20 January 2017. Meanwhile, the Republican Party also secured a clean sweep of Congress, gaining majorities in both the House of Representatives and Senate. This will potentially remove … Continue reading Donald Trump confirmed as the next US President
Index Week Ytd Value CR TR CR TR FTSE 100 6693 -4.33% -4.28% 7.22% 11.05% S&P 500 USD 2085 -1.94% -1.89% 2.02% 3.88% NASDAQ COMP USD 5046 -2.77% -2.70% 0.78% 1.86% EURO STOXX 50 EUR 2955 -4.05% -4.04% -9.58% -7.06% NIKKEI … Continue reading Weekly Financial Market Update for 7th November
Expats switching cash from Britain offshore with money transfer services will soon have their transaction reported to the tax man. Under a new initiative, HM Revenue and Customs (HMRC) intends to demand any money service firm dealing with foreign currency exchange should report the details of the transaction. The aim is to stop expats … Continue reading Money transfer firms to tip off HMRC about transactions
Weekly Market Update for 31st October Index Week Ytd Value CR TR CR TR FTSE 100 6996 -0.34% -0.30% 12.08% 16.02% S&P 500 USD 2126 -0.69% -0.67% 4.03% 5.88% NASDAQ COMP USD 5190 -1.28% -1.27% 3.65% 4.68% EURO STOXX 50 EUR 3079 0.05% … Continue reading Weekly Financial Market Update for 31st October
Expats in the United Arab Emirates are turning away for high-end homes to find more affordable living space. A slump in property prices that is on the cusp of starting to bounce back to the highs of several years ago and concerns about the rising cost of living and job security are prompting home … Continue reading Gloomy expats downsize as financial woes impact
Weekly Market Update for 3rd October Index Week Ytd Value CR TR CR TR FTSE 100 6899 -0.15% -0.14% 10.53% 14.14% S&P 500 USD 2168 0.17% 0.20% 6.08% 7.84% NASDAQ COMP USD 5312 0.12% 0.13% 6.08% 7.09% EURO STOXX 50 EUR 3002 -0.99% -0.94% -8.12% -5.66% NIKKEI 225 YEN 16450 … Continue reading Weekly Market Update for 3rd October