Pound sterling slipped on Thursday as data confirmed the UK economy fell into recession in the latter part of last year, while the dollar showed broad strength as the month and quarter drew to a close.

Crude prices rebounded this morning after being whipsawed on various Russia headlines. Brent and WTI plunged yesterday in a brutal reversal as the UAE indicated it could start pumping more oil and call on friends at OPEC to do more. Comments from Russian and Ukrainian officials also pointed towards a path to peace, but the […]

US stocks faded and European equity markets are broadly weaker following on reports Gilead’s Remdesivir drug isn’t what it was cracked up to be. It had been indications of early positive results for treating Covid-19 patients with the drug that sent markets up at the tail end of last week. We should note these are all leaked reports and the […]

Ballie Gifford US Growth Trust half-year report today talked up the progress at Moderna, one of the companies that has developed a Covid-19 vaccine and enjoyed a spectacular run on its share price as a result. After a tough year for everyone, the Edinburgh-based investment trust spoke of entering 2021 “with light at the end […]

SP 500 index today: the S&P 500 is approaching its all-time high, reflecting renewed investor confidence in the technology sector.