GUOSEN Closing Bell (April 3)
From Hurting to Healing
Trading Markets: Understanding the Landscape to Understand Trade
US markets have just logged their worst first quarter on record, while the ASX and Europe have seen theirs in the first three months in over 30 years and since 2002 respectively.
Is The Bear Market Really Over?
After rising more than 20% in three days last week, the Dow technically entered a new bull market. In my opinion, that doesn’t mean the pain is over.
UK Sparks: Hays plans £200m equity raise
Recruitment group Hays has announced an equity placing, targeting gross proceeds of around £200m. It hopes this funding will provide additional liquidity buffer and allow the group to pursue organic growth opportunities with new and existing blue-chip clients once the markets stabilise. At end-March 2020, its net cash position was £35m versus £13.2m at end-December 2019. The company has committed borrowing facilities of £210m, of which around £165m is currently undrawn.
GUOSEN Closing Bell (April 2)
USDCHF Weekly MACD Trying to Positively Cross
Why FinTech is Thriving in Emerging Markets
The Impact of The Coronavirus on Dividends
As UK banks temporarily suspend all dividend payments, we discuss the effect coronavirus could have on a vital source of income for investors.
UK Sparks: Banks Scrap Dividends After Pressure From PRA
Britain’s largest banks HSBC Holdings, Barclays, Lloyds Banking Group, Royal Bank of Scotland and Standard Chartered have scrapped dividend payments after pressure from the Bank of England’s Prudential Regulation Authority to preserve capital. The banks have agreed to cancel remaining payouts for 2019, not pay any other dividends this year and suspend any share buyback programmes. Barclays chairman Nigel Higgins says: “These are difficult decisions, not least in terms of the immediate impact they will have on shareholders. The bank has a strong capital base, but we think it is right and prudent, for the many businesses and people that we support, to take these steps now.”
GUOSEN Closing Bell (April 1)
Where Do Stocks and Bonds Go From Here?
Members of Invesco’s Global Market Strategy (GMS) team in Hong Kong, Italy, London, Tokyo and New York shared their on-the-ground insights of the fight against coronavirus from a health care, monetary, and fiscal perspective.
Is the Cure Worse Than the Disease
That Awkward Moment
As if it wasn’t mortifying enough that EasyJet had to ground its entire coronavirus-anchored fleet on Monday: the UK airline’s biggest shareholder now wants it to back out of an almost $6 billion deal too.
March 31, 2020
Technical Analysis Heading into Tuesday’s Open: Mar. 31, 2020
UK Sparks: Oil Price Slump To Cost Shell Up To $800m
Oil major Royal Dutch Shell has warned of after-tax impairment charges of between $400-800m in the first quarter of this year, due to changes in the oil price. The company says each $10 movement in the price of a barrel of Brent crude hurts it by about $6bn a year. It says the coronavirus is causing “significant uncertainty” with regards to prices and demand for oil, gas and related products. In addition, “recent global developments and uncertainty in oil supply” have caused “further volatility” in commodity markets.
GUOSEN Closing Bell (Mar 31)
S&P500 (ES) Testing 38.2% Fib Retrace of March Crash
COVID-19’s Positive Impact on the Video Game Industry
As a result of people playing more video games, the major video game stocks have held up well comparatively to the market as investors look for beneficiaries of the current COVID world.
Economic Indications Less Than Apocalyptic
Saudi-Russia Rift Amid Pandemic Drive Crude Oil To 17-Year Low
Oil prices fell dramatically on Monday, reaching their lowest levels since November 2002 as Saudi-Russia fail to agree on the scale of production and the coronavirus pandemic strangles demand.
UK Sparks: EasyJet Grounds Entire Fleet
Low-coat airline easyJet has grounded its entire fleet of aircraft, due to the “unprecedented travel restrictions” and national lockdowns imposed in response to the coronavirus crisis. Cabin crews will be furloughed for two months from April 1 on 80% of their average pay under the Government’s job retention scheme. The group will continue to work with the Government to rescue Britons stranded abroad, having already returned home 45,000 customers on more than 650 rescue flights. It says there is no certainty as to when scheduled flights will resume.