July 25, 2016 - Latest: Can gold really act as a hedge?

Can gold really act as a hedge?

22 July 2016

insight

With the Federal Reserve due to meet next week, Samy Chaar, Investment Strategist at Lombard Odier, discusses the outlook for gold amid ongoing market fears and potential Fed repricing.  “The rally in gold prices (+27% year to date) was impressive during the first quarter, as well as after the Brexit shock, largely as a result […]

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UK PMI slumps in wake in Brexit decision. France improves.

22 July 2016

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The UK purchasing manufacturers index slumped from 52.4 to 47.7 an 87-month low in July. The UK Services PMI Activity Index fell to 47.4  from 52.3 in June an 88-month low and the UK Manufacturing PMI fell to 49.1  from 52.1 in June a 41-month low. Chris Williamson, chief economist at Markit, said: “July saw […]

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Does Latin America have the best investment prospects?

21 July 2016

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Jan Dehn, head of Research at Ashmore, and Gustavo Medeiros, FI Portfolio Manager at Ashmore, believe that Latin America offers the best investment proposition of any region in the world. They explain how Latin America offers the cheapest valuations in all of EM, and how recent headwinds are turning into tailwinds; the economic cycle is […]

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Unemployment falls to 4.9% with a record 31.7 million people in work

20 July 2016

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The UK unemployment rate has fallen to 4.9% the lowest since 2005. The number of people in employment between March and May reached 31.70 million people an employment rate of 74.4% the highest since records began in 1971. The number in work was 176,000 more than for the 3 months to February 2016 and 624,000 […]

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Businesses planning strategic reviews after referendum result say Bank of England’s agents

20 July 2016

insight

The Bank of England’s agents have found that many firms are taking a business as usual approach to the economy but they are planning strategic reviews in the wake of the referendum. The survey, in which the Bank’s agents talk to businesses across the country, found that the annual rate of activity growth had remained […]

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Government should honour promise to offer Lloyds shares to retail investors says Hargreaves Lansdown

19 July 2016

insight

Hargreaves Lansdown says the government should honour its promise to offer Lloyds shares to retail investors rather than simply allowing City institutions to snap them up. The firm says that no doubt the City is very keen on the idea of bumping retail shareholders from the sale of the remaining government stake in Lloyds, as […]

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Thousands could be eligible to pay reduced July tax bill

19 July 2016

insight

Thousands of people who put more into their pension during 2015/16 than they did in the previous tax year could be eligible to claim tax relief on their contribution through the self-assessment tax system. This is particularly relevant just now with the second payment on account for the 2015/16 tax year due on 31 July. […]

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The implications of China getting ‘Market Economy Status’ from the European Commission

19 July 2016

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Aidan Yao, Senior Emerging Asia Economist at AXA Investment Managers (AXA IM), discusses the significance of a possible decision by the European Commission to offer China full market economy status (MES). “On the 20th July, the European Commission is due to discuss whether to grant China full market economy status (MES). What’s the significance of […]

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Dividends get a Brexit boost of £4.3bn with UK shares yielding 3.7%

18 July 2016

insight

Sterling’s devaluation in the months running up to, and especially in the days following, the UK’s vote to leave the EU is set to boost UK dividends by £4.3bn this year, according to the latest Dividend Monitor from Capita Asset Services. Two fifths of the dividends paid by UK-listed companies are declared in dollars or […]

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FCA publishes list showing ultra low savings rates as part of its ‘sunlight strategy’ Post Office offering zero interest on branch-based accounts

18 July 2016

insight

The FCA has published  a second set of data showing the lowest interest rates offered by 32 providers of easy access cash savings accounts and easy access cash ISAs. The full list is published on this link – www.fca.org.uk/static/documents/sunlight-april-2016.pdf The information published today is based on rates as at April 2016. This is the FCA’s […]

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