Gold sales soar in reaction to snap election
Physical gold sales soared on Tuesday after prime minister Theresa May called a snap general election, according to The Pure Gold Company.
Macro News
-
-
Rathbones: Beware ‘innovative’ tech that could destroy wealth
Confusing innovative technology with disruptive products when investing is a “sure-fire” way to destroy wealth, investment manager Rathbones has warned.
-
Markets ‘savouring’ certainty as May calls snap election
The long-term outlook for investors brightened today following Theresa May’s surprise call to hold a general election on 8 June this year.
-
SG: Weak sterling aids UK deficit, but beware sour Brexit
Weaker sterling has helped reduce the UK account deficit beyond expectations, but Société Générale’s chief UK economist Brian Hilliard suspects sour Brexit negotiations will prevent it from falling too far.
-
Economists warn BoE could hold rates as wages stall
Non-existent wage growth and rising inflation could put the Bank of England off any rate hikes in 2017 as the economy tightens.
-
JPM: New regime on the cards for active managers?
Active managers could finally shine versus their passive rivals if equity correlations start to diverge, according to JP Morgan Asset Management.
-
Miton’s Jane: Beware correction in US autos
Miton’s David Jane is seeing the US automotive sector as the next big potential headwind for the economy.
-
Fed still on track to hike rates despite limp job growth
The US Federal Reserve is still on track to hike rates in June, despite Friday’s data showing a slowdown in job growth throughout March.
-
ONS: We will spot next downturn earlier
A future economic downturn will be spotted much earlier thanks to new measures brought in to improve forecasts, the Office for National Statistics (ONS) has claimed.
-
S&P: Most active funds fail to survive past 10 years
Fewer than half of all UK equity funds manage to survive longer than 10 years, according to the latest research from ratings agency S&P.
-
Coram AM: M&A opens door for challenger banks
A surge in M&A within the alternative credit space over the next few years makes it an attractive proposition for investors according to Coram Asset Management’s James Sullivan.
-
The bull case for commodities
After hitting a 14-year low in January 2016, commodity prices have staged a revival as producers scale back supply, slowly bringing the market back into balance. But is this sustainable?
