Market Update
Weekly Market Update for 19th September
Index Week Ytd Value CR TR CR TR FTSE 100 6710 -0.98% -0.98% 7.50% 11.00% S&P 500 USD 2139 0.53% 0.59% 4.66% 6.34% NASDAQ COMP USD 5245 2.31% 2.34% 4.74% 5.71% EURO STOXX 50 EUR 2935 -3.86% -3.86% -10.17% -7.85% NIKKEI 225 YEN 16519 -2.63% -2.63% -13.21% -12.27% HANG…
Continue readingWeekly Market Update 12/09/16
This document is intended for professional advisers only and should not be relied upon by any persons who do not have professional experience in matters relating to investments. Weekly Market Update for 12th September Index Week Ytd Value CR TR CR TR FTSE 100 6777 -1.71% -1.68% 8.56% 12.10%…
Continue readingWeekly Market Overview
Economic Overview Janet Yellen’s Jackson Hole speech finally brought an end to the summer lull especially after she echoed recent comments by her Fed colleagues and suggested the next rate hike is getting close. In terms of timing, markets still see December as more likely than September but a move next month is now 36%…
Continue readingLuxury Home Rental Income On The Slide
Rents for prime residential property across the world has dropped for the third quarter in a row, according to the latest data. A survey by international property firm Knight Frank scrutinised rents in 17 major cities and found that they decreased by 0.5% in the first three months of this year. Only six of…
Continue readingGulf states set date for introducing VAT
The Gulf States have finally succumbed to raising taxes in a bid to repair their oil-ravaged finances. The six nations have agreed to introduce a value-added tax (VAT) on goods and services sometime in 2018. The leaders and finance ministers have discussed implementing the tax for some time, but the plunging price of oil…
Continue readingUK Financial sector determined to keep EU passport
Britain’s financial sector is working hard to not lose EU passporting after the vote to leave the EU. Lord Mayor of the City of London said on Friday. “I think we’re determined that we won’t,” lose passporting rights. The ambassador and UK financial service representative said that it’s clear that we want to stay…
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