It would be rather pleasant to think that after some years in the saddle, so to speak, much of the learning game as far as the financial markets is done and dusted. The sunny uplands should eb adaily occurrence…However, from my own experience, it would appear that the more you learn, the more you realise…
As we mentioned in our report yesterday, the Euro was the currency that markets were focused on as the European Central Bank announced its key interest rate and President Draghi held the usual press conference. The ECB didn’t change the interest rate’s levels but the outcome of his remarks was a radical rise for the…
Risers: Proteome Sciences +12.93% Shares in Proteome Sciences are up over 12% this morning after the protein and peptide specialist revealed they expect full year revenue to be substantially higher than last year. The company also reported on its interest in biomarker services, saying: ”We are pleased to announce that we have signed the term sheet…
Asian shares have responded to a bullish European/U.S. session with the regional benchmark index paring its sixth straight weekly loss, on the back of encouraging U.S. jobs data and better than expected company earnings. The MSCI Asia-Pacific gauge dropped 4.6 percent in January in what was its worst start to a year since 2009 amid…
From his latest tome:- Tapering is tightening, which inevitably ends in recession, bailout and tears Our warnings throughout last year that an unravelling of emerging markets (EM) was the final tweet of the canary in the coal mine have still not been taken on board. The ongoing EM debacle will be less contained than…
The U.S. economy is driven largely by total consumption expenditure of its domestic populace, in fact some 70% and evidencing how, in contrast to Asia, exports are a relatively small part of its economy. This bald statistic explains why many economists place a great deal of importance around assessing the health of the U.S. consumer.…
Risers: Smith & Nephew +1.89% Shares in Smith & Nephew are up during early morning trading today after the company announced a Q4 pretax profit of $232m, up from $213m in the same period last year. Revenue increased to $1.2bn, up from $1.1m last year. Imagination Technologies +14.34% Imagination Technologies has revealed that its multi-year…
I used to keep rather quiet about having gone to Harrow School. The first reason is that I also had a place at Eton – and was not sent there purely because Harrow was nearer to home. The second is that my parents spent the equivalent of £30,000 a year for five years on this…
Asian stocks overnight took a cautious step forward from five-month lows overnight as investors tread cautiously ahead of tomorrow’s Non-farm payrolls and as investors hope the European Central Bank can calm market nerves. A meeting by the ECB later today could announce a further ease of its policy to tackle the threat of deflation following…
The following chart grabbed my attention today which shows the number of emerging market companies trading below replacement value (tangible book). At 34% it is the highest it has been since 2003 and in fact has taken out the figure seen at the lows of the financial crisis. Here at Titan we wonder whether, given…
