Shares surge as investors bet on Biden but did markets jump the gun? 

Shares surge around the world as investors bet on Biden… but did markets jump the gun? By Hugo Duncan for the Daily Mail Published: 23:15 GMT, 3 November 2020 | Updated: 23:15 GMT, 3 November 2020 Shares around the world rallied yesterday as American voters headed to the polls in one of the most divisive … Read more

FTSE 100 opens trading at six-month low after markets lost £37BILLION

FTSE 100 opens trading at SIX-MONTH low of 5,583 the day after markets lost £37BILLION amid fears coronavirus second wave will cause economic meltdown London market had topsy-turvy first 30 minutes as it rose, fell and rose again FTSE 100 index has not seen such low figures since it closed at 5,582 on April 6 … Read more

MARKET REPORT: Global markets plunge into turmoil

Global markets were plunged into turmoil as Covid cases surged in Europe and the US.  Wall Street followed European indexes into the red as fears rose that spiking infection rates will lead to tougher restrictions, piling more pressure onto damaged economies and killing off more businesses.  The Dow Jones fell by 2.3 per cent, while … Read more

The US election result isn’t what matters most to markets

US politics, as is often the case, is driving markets at the moment as President Donald Trump and former Vice President Joe Biden go head to head for the White House. The outcome this particular race is less important economically than another stateside political wrangle though. A fiscal stimulus package somewhere in the order of … Read more

Wealth manager Quilter sees assets rise by £2bn thanks to markets recovering

Wealth manager Quilter sees assets rise by £2bn thanks to markets recovering but new client money was largely absent Quilter’s assets reached £109.5bn in three months to end of September  Major migration of assets from existing platform to our new platform underway By Jane Denton For Thisismoney Published: 11:16 BST, 21 October 2020 | Updated: … Read more

MARKET REPORT: Second wave fears fuel global markets sell-off

Global markets tumbled as concerns grew about a second wave of the coronavirus and cities including London were hit by fresh restrictions. The FTSE 100 index of blue-chip companies fell 1.73 per cent, or 102.54 points, to 5832.52 as investors fretted about the damage the pandemic is doing to the economy. Millions in London, Essex … Read more

‘Roid rage’ Trump crashes markets by tweeting that there will be NO stimulus until after election

Donald Trump sparked a panicked stock market sell-off Tuesday afternoon as he tweeted that he would not allow talks on a stimulus plan to go on before the November election. In a series of tweets sent from the White House residence where he is still on drugs to fight his COVID, Trump canceled talks with … Read more

Foreign traders BANNED from Manchester Christmas Markets under Covid measures

Does that include Santa? Foreign traders will be BANNED from Manchester Christmas Markets under raft of Covid measures for locked-down city, reveal city health chiefs Locked-down Manchester’s world-famous Christmas Markets are ‘under review’  The city’s councillor Pat Karney said foreign market traders would be banned  Manchester is England’s Covid capital with infection rate higher than … Read more

MARKET REPORT: Trump’s Covid-19 diagnosis gives markets the jitters

President Trump’s Covid-19 diagnosis sent jitters through the global markets as investors worried that the US presidential election was about to get even more uncertain. As London-based traders woke up to the news that Trump and his wife Melania had both tested positive for the virus, the FTSE 100 dipped 1.2 per cent in early … Read more