Market PROGnosis
Our PROGnosticator may prefer to keep his identity to himself, but isn’t shy when it comes to sharing his opinions. He provides a concise summary of major macro events of the past 24 hours and selected UK company-specific news in his regular piece, Market PROGnosis.
04/10/2023
Spirent warns again
5G roll-out delays and hyper scaler attention focused on AI development rather than networking hardw […]
03/10/2023
More tears at Boohoo
Fundamentally, it still looks too early, but these companies could become vulnerable to a bid at any […]
02/10/2023
XPP powered down
Running up against borrowing limits will be punished by investors in a higher for longer world. […]
29/09/2023
Better than expected, again
Better than expected is becoming a recurring theme in comments about the UK economy, although it has […]
28/09/2023
Investors grab a slice of yellow cake
Yellow Cake raised its targeted $125m in a couple of hours last night. The UK stock market may serve […]
27/09/2023
Cue the outrage
UK government has given the go-ahead to Norwegian company Equinor to develop the North Sea Rosebank […]
26/09/2023
Yields push higher despite policy rate pauses
The dominant macro concern remains rising US Treasury yields. […]
20/09/2023
UK inflation lower than expected
UK continues to follow the US inflation cycle with a 3-4 month lag. […]
19/09/2023
OPEC+ the oil markets’ central bank
Saudi Arabia's oil minister has compared OPEC+ policy on managing the oil market to central banks' c […]
18/09/2023
Interest rates
It is rate decisions week, with the Fed on Wednesday, BoE on Thursday and BoJ on Friday. […]