US bond yields advance with Democrats on cusp of taking Senate
6th Jan 2021 14:48
(Sharecast News) - Government debt markets in the US were under selling pressure in the middle of the week after Democrats clinched one of two run-off votes for the country's Senate, possibly giving control of the upper chamber of Congress to his party, possibly implying greater government spending and taxes down the line.
Read moreCrisis hits more than 500 UK company dividends
6th Jan 2021 11:01
(Sharecast News) - More than 500 UK-listed companies scrapped, cut or suspended dividend payments in 2020 as the Covid-19 crisis threatened their finances, a survey showed.
Read moreFederal Reserve 'tweaks' QE guidance to easier for longer
16th Dec 2020 19:59
(Sharecast News) - The Federal Reserve 'tweaked' its guidance for asset purchases on Thursday night, from time-based to outcome-based.
Read moreS&P says UK sovereign debt rating might come under pressure in 'no deal' Brexit
14th Dec 2020 14:15
(Sharecast News) - One of the world's top three credit rating agencies said a 'no deal' Brexit could see its rating for the UK's sovereign debt come under pressure should it complicate the outlook for the economy and fiscal consolidation.
Read moreJP Morgan cuts NatWest to 'neutral' after BoE dividend move
11th Dec 2020 08:30
(Sharecast News) - JP Morgan downgraded NatWest to 'neutral' after the Bank of England's partial relaxation of restrictions on shareholder payouts by UK banks.
Read moreUS preparing fresh sanctions on Chinese officials - report
7th Dec 2020 10:57
(Sharecast News) - Washington is looking to impose further sanctions on a number of Chinese officials over the political crackdown in Hong Kong, it was reported on Monday.
Read moreSunday newspaper round-up: Brexit, North Sea, Netflix
6th Dec 2020 17:29
(Sharecast News) - Boris Johnson told the EU Britain must have "freedom" to make its own rules last night as cabinet ministers said he should pursue a no-deal Brexit unless Brussels backs down. The prime minister and Ursula von der Leyen, the president of the European Commission, last night agreed to a "final throw of the dice" this week to salvage a deal. But a senior No 10 figure warned the chances of getting an agreement were now "no better than 50-50" after more than four years and five months of talks. - Sunday Times
Read moreWednesday broker round-up
2nd Dec 2020 13:11
(Sharecast News) - Royal Dutch Shell A: JP Morgan upgrades to overweight with a target price of 1,700p.
Read moreDeutsche ups targets for Barclays and other UK banks
2nd Dec 2020 11:08
(Sharecast News) - Deutsche Bank increased its share price targets for the UK's banks and named Barclays, Standard Chartered and Virgin Money as its top picks with a wave of bad loans looming.
Read moreSector movers: Lenders start December on front foot, Citi and Goldman upbeat
1st Dec 2020 16:42
(Sharecast News) - Financials paced gains in the first trading session of December with lenders' shares faring best as analysts weighed in with further positive views on the outlook for the sector.
Read moreChina's manufacturing sector hits ten-year high
1st Dec 2020 11:19
(Sharecast News) - The Chinese manufacturing sector has hit a 10-year high, a private sector survey showed on Tuesday, as the economy continued to rebound from the Covid-19 pandemic.
Read moreCiti cautiously optimistic on HK lenders, prefers StanChart and HSBC
30th Nov 2020 11:44
(Sharecast News) - Analysts at Citi sounded a cautiously optimistic note on the outlook for the main Hong Kong banking groups - and for StanChart and HSBC in particular - on the back of the improving macroeconomic backdrop.
Read moreLloyds hires HSBC's Charlie Nunn as CEO
30th Nov 2020 07:02
(Sharecast News) - Lloyds Banking Group has hired Charlie Nunn, HSBC's head of retail banking, as the FTSE 100 lender's next chief executive.
Read moreSunday newspaper round-up: Brexit, HSBC, BT
29th Nov 2020 18:52
(Sharecast News) - The Foreign Secretary Dominic Raab has claimed there is a "Brexit deal to be done" this week, but warned fishing rights remained an "outstanding major bone of contention" in trade talks. Mr Raab suggested it could be the "last week or so" of substantive negotiations as he urged Brussels to give ground on fishing rights by accepting Britain's right to control its own waters as a "point of principle." - Sunday Telegraph
Read moreSector movers: Health Care stocks and Banks pace gains
27th Nov 2020 16:29
(Sharecast News) - Shares of those firms that are more insulated from fallout of the Covid-19 pandemic paced gains at the end of the week, after the government unveiled a stricter tiered system that would take effect when the latest national lockdown ends on December 2, with tier 3 the most severe.
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