Market Updates.

Today the Chancellor of the Exchequer, Philip Hammond, delivered his Spring Statement.

A draft Brexit withdrawal deal has finally been agreed between the EU and the UK (or more specifically Theresa May and the ‘collective’ of her Cabinet – which means it was far from unanimous).

While this Budget Statement will no doubt grab media headlines, from a stock market standpoint this Budget, like many over the last few years, had little impact on UK equity markets.

I am always bemused by negative media headlines and over the past month these have been grabbed by both the 10 year anniversary of Lehman Brothers’ […]

Today at 12:30pm the Chancellor of the Exchequer, Philip Hammond, presented his first ever Spring Statement following his decision to move the Budget to November, replacing the Autumn Statement (which over the last few years had in effect been used as a mini-budget).

As the sell-off in global equity markets has continued, all the gains made since the start of the year have now been erased.

Philip Hammond, the Chancellor of the Exchequer, delivered his first Autumn Budget today.

Today marks the 30th anniversary of the 1987 stock market crash.

Surprisingly, today’s election result (albeit with a few seats still to be declared) hasn’t caused any negative market reaction.

Its Emmanuel Macron (a pro-Europe, centrist) versus Marine Le Pen (right-wing, anti-euro) in the second round of the French Presidential elections in two weeks’ time (Sunday 7 May 2017).