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.

Britain Seeks Economic Stability Amid Global Uncertainty:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went up around 0.35% on 28 February 2025. Macro Update: British Energy Secretary Ed Miliband will visit China in March to revive energy cooperation talks and engage Chinese investors, signaling the Labour government’s intent to strengthen ties despite strained U.S. and EU-China relations. Meanwhile, Bank of England Deputy Governor Dave Ramsden highlighted a balanced inflation outlook, suggesting future rate cuts may not be as slow as previously expected. In corporate news, British Airways owner IAG announced a €1 billion share buyback after posting a 27% rise in annual operating profit, exceeding market expectations. The UK housing market showed resilience, with house prices rising 0.4% in February, outpacing forecasts …

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

Markets Tread Cautiously Amid AI Optimism, Trade Uncertainty, and Rising Bond Yields:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went up around 0.17% on 27 February 2025. Macro Update: British Prime Minister Keir Starmer will host European leaders, possibly including Ukrainian President Volodymyr Zelenskiy, to discuss responses to Donald Trump’s push for European nations to take greater responsibility for their own security. Meanwhile, Britain’s vehicle production started 2025 on a weak note, with January output down 18% year-on-year due to declining demand in key markets. The services sector also struggled, as profitability among business and professional firms fell to -37, marking the steepest drop since August 2020 amid cost-of-living pressures. BP has shifted its strategy by cutting renewable energy investments and increasing annual oil and gas spending …

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

Global Markets Waver Amid U.S. Economic Uncertainty, Tax Cuts Boost Optimism:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went up around 0.58% on 26 February 2025. Macro Update: British Prime Minister Keir Starmer announced plans to increase defence spending to 2.5% of GDP by 2027, with a longer-term target of 3%, reinforcing Britain's commitment to European security ahead of his meeting with U.S. President Donald Trump. Meanwhile, the British Retail Consortium warned that 160,000 part-time retail jobs could be lost due to higher employer taxes and regulatory changes introduced by the Labour government to fund infrastructure and public services. BP shifted its focus back to fossil fuels, raising annual oil and gas investment to $10 billion, while the Climate Change Committee urged the UK to reduce …

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

Tech Sell-Off Deepens Amid AI Concerns; Investors Pivot to Asian Stocks and Oil:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went up around 0.36% on 25 February 2025. Macro Update: Millions of British households face higher energy bills from April as Ofgem announced a 6.4% rise in its domestic price cap due to surging wholesale prices, marking the third consecutive quarterly increase. Concurrently, Britain imposed new sanctions marking the third anniversary of Russia's invasion of Ukraine, targeting individuals linked to Russia and North Korea, as well as Kyrgyzstan-based Keremet Bank. Meanwhile, Bank of England policymakers remain divided on the pace of interest rate cuts despite unanimous support for reductions. Medical products company Smith+Nephew reported stable annual sales and profits, benefiting from improved U.S. demand, offsetting slower growth in …

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

Markets on Edge: Germany’s Political Shift, Oil Uncertainty, and Nvidia’s AI Test Loom Large:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went up around 0.12% on 24 February 2025. Macro Update: Britain is set to ban entry to individuals closely tied to the Russian state, including senior politicians, officials, and business figures, as part of new sanctions marking three years since Russia’s invasion of Ukraine. Meanwhile, the UK job market experienced a 4.5% drop in January job postings, the lowest in four years, despite continued salary growth, highlighting challenges for the Bank of England’s monetary policy. In the financial sector, HSBC plans to raise $1 billion through a perpetual additional Tier 1 bond issuance, signaling efforts to strengthen its capital base. Additionally, British finance minister Rachel Reeves faces growing …

By: Team Kalkine | Feb 24, 2025 | Read Time : 10 Mins

Markets volatile amid U.S. selloff, European tariff jitters, and selective Asian gains:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went up around 0.10% on 21 February 2025. Macro Update: Standard Chartered announced a $1.5 billion share buyback after reporting an 18% rise in annual profit, driven by record growth in its wealth business and strong performance in its markets division, pushing its shares to a near-decade high. The bank's solid earnings reflect robust client activity and effective cost management. Meanwhile, UK retail sales rose 1.7% in January, exceeding all forecasts and marking the first increase since August, suggesting resilient consumer spending despite a weak economic outlook and persistent inflationary pressures. Anglo American posted a $3.1 billion loss following a write down of its De Beers diamond business, …

By: Team Kalkine | Feb 21, 2025 | Read Time : 10 Mins

Global Markets Tumble as Trump’s Tariff Threats and Fed Caution Fuel Risk Aversion:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went down around 0.34% on 20 February 2025. Macro Update: Anglo American reported a $3.1 billion loss, primarily due to a De Beers diamond unit write down, and announced a dividend cut while making progress on asset sales and debt reduction as part of its strategic restructuring to focus on copper. The company is spinning off platinum and diamond units and selling coal and nickel assets following BHP’s failed takeover attempt. In the UK, investors revised down their expectations for interest rate cuts by the Bank of England after stronger-than-expected inflation and wage growth data, now pricing just over two quarter-point cuts by December, compared to earlier projections …

By: Team Kalkine | Feb 20, 2025 | Read Time : 10 Mins

Markets Navigate Record Highs Amid Policy Shifts and Geopolitical Tensions:

Image Source : Krish Capital Pty Ltd Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went down around 0.64% on 19 February 2025. Macro Update: HSBC has set a target to reduce costs by $1.8 billion by the end of 2025 as part of its CEO’s strategy to enhance profitability while navigating mixed interest rate policies and geopolitical uncertainties. Meanwhile, UK inflation climbed to 3.0% in January, exceeding forecasts of 2.8%, primarily due to higher airfares and rising automotive fuel prices. The Bank of England had anticipated a lower increase, raising concerns about persistent inflationary pressures. The company reported a 14% increase in both operating profit and revenue, supported by heightened government military spending. Additionally, the UK government has launched a decade-long study …

By: Team Kalkine | Feb 19, 2025 | Read Time : 10 Mins