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A week in the markets: 26/07/22
European equity markets were relatively muted on Friday, with the FTSE All-Share modestly up +0.2% and the STOXX 600 up +0.3%. However, US equities fell, selling off through the day, led lower by growth sectors after disappointing earnings reports, particularly in social media. The S&P 500 ended down -0.9%, the Dow Jones Industrial Average down…
Britain Made To Pay for Brexit Vote
Senior British Government officials have admitted this week that Britain will likely need to pay for access to the EU single market post-Brexit. Brexit secretary David Davis admitted in the House of Commons on Thursday that major criterion of Brexit was “to get the best access for goods and services to the European Union”, even…
The markets to watch in 2022 as the inflation story continues
After a tumultuous 2021, Capital.com’s chief market strategist David Jones explains what traders and investors should look out for in the year ahead in the face of inflation, the pandemic, and uncertainty over how much further the technology bull market has left to run. Inflation unsurprisingly spiked in 2021 as the global economy recovered from…
Market Update 7 November 2022
Here’s our weekly market update – follow Synergi to get regular market data and opinions. US markets closed the week on a high note with the S&P 500 up +1.4% and the NASDAQ up +1.3%. Materials was the best performing sector, followed by financials and communication services. The worst were healthcare, utilities and consumer discretionary,…
Denmark Ranked as “Best For Business” by Forbes
For the second year in a row Forbes magazine has ranked Denmark as the best country for business, placing it at no.1 in their global league table ‘Best countries for business’. Forbes has been publishing the list for the past decade, and Denmark has ranked first in six of the ten annual editions. Denmark has…
Isle of Man Probate
A policy of life assurance or capital redemption that has been issued by and IOM Insurance Company is considered an Isle of Man asset. Therefore, upon the death of the last surviving policyholder, an application to the courts in the Isle of Man must be made to obtain Probate before its value can be paid…