Daily-Wrap

A concise overview of the day's financial market activity, highlighting key stock movements, trends, and major events. Stay updated on market performance and critical shifts that impact your investments.

London Market Corrects Amid Trump's New Tariffs:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went down around 1.51% on 03 April 2025. Macro Update: The recent announcement of the Trump administration's "reciprocal" tariffs has caught many by surprise, with the rates being higher than expected, especially for Asian trading partners. Countries such as Vietnam, Taiwan, and China have been hit with tariff increases reaching up to 46%, 36%, and 34% respectively. This has led to concerns about the potential economic slowdown, particularly in the U.S., where these higher tariffs could shave 1-1.5 percentage points from growth, exacerbating recession risks. The overall U.S. tariff rate could rise significantly, possibly reaching the highest levels since the 1930s. These developments could drive up inflation, particularly …

By: Team Kalkine | Apr 03, 2025 | Read Time : 10 Mins

UK and global markets on edge as Trump tariff fears rattle investor sentiment:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went down around 0.69% on 02 April 2025. Macro Update: Incomes Data Research said on Wednesday that the median pay rise awarded by major employers dropped to 3.5% in the three months to February, the lowest reading in three years and down from 4.0% in the three months to January. SoftBank-owned chip technology provider Arm Holdings (O9Ty.F) recently approached UK-based semiconductor IP supplier Alphawave (AWE.L) with an acquisition interest to gain access to key technology needed for developing its own AI processors, according to three sources. Additionally, while retail gross inflows rose 34% to £5.1bn, outflows surged to £14.1bn due to the runoff profile and consumer response to …

By: Team Kalkine | Apr 02, 2025 | Read Time : 10 Mins

Global trade tensions and domestic pressures rattle UK and global markets:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went up around 0.76% on 01 April 2025. Macro Update: Major UK banks are closely watching a Supreme Court appeal involving Close Brothers and FirstRand, challenging a ruling that brokers must secure fully informed customer consent to receive commissions, which could lead to billions in consumer compensation. On the economic front, UK manufacturers faced a difficult March, with the S&P Global Manufacturing PMI plunging to 44.9, its lowest level since October 2023, a time when the UK was in recession. Additionally, British consumers continue to face inflationary pressure at the grocery store. Kantar reported that annual grocery price inflation rose slightly to 3.5% in March, up from 3.3% …

By: Team Kalkine | Apr 01, 2025 | Read Time : 10 Mins

Global Selloff Deepens Amid Trade War Fears and Economic Uncertainty:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went down around 1.22% on 31 March 2025. Macro Update: British business confidence remained steady at 49% in March, matching February’s six-month high, as per the Lloyds Bank Business Barometer. Optimism among retailers stood out, supported by an unexpected surge in retail sales. Businesses' outlook on their own trading prospects reached the highest level since 2017, with positive momentum echoed by strong S&P Global PMI data, suggesting early signs of economic improvement in 2025. In corporate news, Aston Martin plans to raise over £125 million through funding from Chairman Lawrence Stroll and the sale of its Formula One stake, as it faces persistent losses from supply chain issues …

By: Team Kalkine | Mar 31, 2025 | Read Time : 10 Mins

Retail Sales role in UK but Tariffs War looms the Global Markets:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went up around 0.19% on 28 March 2025. Macro Update: British retail sales rose unexpectedly by 1.0% in February, driven by strong non-food sales, defying analyst expectations of a decline amid broader economic weakness. Supermarkets saw a dip following strong January figures. In corporate developments, Elliott Management revealed a 0.5% short position in Shell, coinciding with its ongoing activist efforts at BP, signaling broader strategic pressures on UK energy majors. SSE appointed company veteran Martin Pibworth as CEO designate, tasking him with steering its renewables expansion and supporting UK decarbonisation goals. Meanwhile, WH Smith is divesting its 230-year-old UK high street business for £76 million to Modella Capital, …

By: Team Kalkine | Mar 28, 2025 | Read Time : 10 Mins

UK braces for economic strain as global trade tensions escalate amid sweeping tariffs:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went down around 0.67% on 27 March 2025. Macro Update: The UK economy is navigating a complex landscape marked by cautious fiscal adjustments and political reforms. Prime Minister Keir Starmer is spotlighting modern healthcare investments like the nuclear medicine department at University College Hospital to revive the NHS and curb the rise of Reform UK. Meanwhile, Finance Minister Rachel Reeves has reduced spending plans to reassure investors amid downgraded 2025 growth forecasts and higher public debt and inflation projections. The UK plans to issue £299 billion in bonds, reflecting rising borrowing costs and shifting debt strategies. The auto sector remains under pressure, with vehicle production down nearly 12% …

By: Team Kalkine | Mar 27, 2025 | Read Time : 10 Mins

UK braces for fiscal tightening as global markets reel from trade tensions & inflation worries:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went up around 0.07% on 26 March 2025. Macro Update: British finance minister Rachel Reeves is expected to announce spending cuts to reassure investors amid faltering growth and rising borrowing costs, aiming to maintain budgetary discipline despite a downgraded 2025 outlook. A sharper-than-expected drop in UK inflation to 2.8% in February, driven by falling clothing and footwear prices, offered some relief ahead of her fiscal update. Markets reacted with a decline in bond yields and the pound. Meanwhile, Barclays appointed Scott Schulte as global co-head of its investment grade syndicate. Homebuilder Vistry saw its shares drop over 6% after reporting a 35% profit slump, cancelling its final dividend, …

By: Team Kalkine | Mar 26, 2025 | Read Time : 10 Mins

Britain and global markets navigate recovery with policy shifts, AI optimism, and resilient energy and housing strategies:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went up around 0.61% on 25 March 2025. Macro Update: Tullow Oil reported a return to profitability in 2024, posting a profit after tax of $55 million compared to a loss of $110 million in 2023, largely driven by a reduction in impairments and asset revaluation gains. Shell announced an increase in its shareholder distribution policy to 40–50% of cash flow from operations, up from 30–40%, with a focus on share buybacks, while also lowering its capital expenditure outlook to a range of $20–22 billion through 2028. Bank of England Governor Andrew Bailey stated that artificial intelligence has the potential to be as transformative as electricity, highlighting its …

By: Team Kalkine | Mar 25, 2025 | Read Time : 10 Mins