Sterling rallies against the euro as Britain heads to the polls
Sterling has bucked up against the euro, hours after polling began in the UK general election and ahead of the imminent European Central Bank meeting.
Macro News
-
-
Election doubts and terrorism fears spark soaring gold sales
Gold sales have soared in the past week after doubts over Theresa May’s ability to win the election, coupled with an increased terrorist threat.
-
Coram AM refocuses European exposure on contagion risk fears
Coram Asset Management has adopted a selective approach to its European exposure on fears the interconnection between countries in the eurozone leaves them open to contagion.
-
European Wealth makes play into frontier markets
European Wealth has added to its exposure in emerging and frontier markets resisting the current investor temptation to “sit on your hands” and weather any upcoming storms.
-
Election casts shadow over UK business growth
Lingering doubts over the general election and the strength of UK markets led to weakened economic data for the service sector in May.
-
Fresh FTSE highs as housebuilders beat growth predictions
Global markets edged to record highs in early trading on Friday amid a flurry of positive economic data.
-
Election 2017: How do the key Tory and Labour financial pledges stack up?
With less than a week until the results of the 2017 snap election are revealed, we looked at the Tory and Labour party manifestos to see how their pledges on business, tax and pensions stacked up.
-
Kames’ Roberts: Central banks stuck by “mother of all asset bubbles”
Mark Carney should admit central banks have created the “mother of all asset bubbles”, according to Kames Capital.
-
SocGen hails fixed income ETFs as yield fix
New research from Societe Generale has suggested fixed income ETFs offer a solution in the current hunt for yield amid record low interest rates.
-
Pound falls on fears of a hung parliament
The pound fell overnight after YouGov research predicted next week’s general election could result in a hung parliament.
-
Investors split on Europe as economic sentiment falters
Europe is dividing opinions after softer economic sentiment data failed to live up to forecasters’ optimistic predictions on Tuesday (30 May).
-
UK exposure in global funds hits 12-month high
Exposure to UK equities in global funds has hit a 12-month high as the US has steadily fallen out of favour, new data from Copley Fund Research has revealed.