Hints and tips:
...(AM local time) UK: Royal Institute of Chartered Surveyors House Price Survey Results: Anglo American Q4 production report, Allstate Q4, ArcelorMittal Q4, AstraZeneca Q4, British American Tobacco FY, CMC...
...ArcelorMittal Q2, Banco Sabadell Q2, Barclays H1, Beazley H1 trading update, BNP Paribas Q2, Bristol Myers Squibb Q2, Britvic Q3 trading statement, BT Group Q1 trading update, Groupe Casino H1, Centrica H1, CMC...
...CMC Markets and Plus500 did not provide comment....
...of consumer prices (HICP) inflation rate figures plus June ZEW Economic Sentiment survey UK, May labour market figures US, May CPI inflation rate figures Results: Ashtead Q4, Bellway trading update, CMC...
...Separately, more than 1,000 Welsh Ambulance Service members of Unite the union begin a second 24-hour walk out over pay....
...UK, Aslef union drivers at 12 train operating companies are to stage a further co-ordinated 24-hour walkout, bringing disruption across the UK rail network....
...general election on Sunday is worthy of note because it represents the most significant constitutional change for the oil rich central Asian country since it declared independence from the former Soviet Union...
...On the same day, in a separate dispute over pay, rail workers in the RMT union will walk out....
...and Wales County Championship cricket season begins US Masters golf tournament begins at the Augusta National Golf Club, Georgia Friday UK, ballot closes among members of the University and College Union...
...Cruddas, who founded the spread betting group CMC Markets which is worth close to £1.2bn, is one of the City’s richest individuals....
...,” wrote Michael Hewson, chief market analyst at CMC Markets UK....
...She also compared the Fed’s role in setting monetary policy with the former Soviet Union’s economic planning....
...The airport’s chief executive John Holland-Kaye said the company had agreed a voluntary severance scheme with union representatives and could not rule out further job losses....
...Also out on Thursday are results from CMC Markets, Investec and Severn Trent, while at Wetherspoons the stage is set for a showdown between chairman Tim Martin and the proxy advisors at the company’s AGM...
...CMC reported that its first-half pre-tax profit was down 76 per cent as London's online trading platforms became subject to a European Union crackdown on leverage....
...CMC’s quality players CMC Markets boss Peter Cruddas backs all forms of Brexit....
...More starkly, Italy’s CMC di Ravenna went from tapping the bond market in 2017 to defaulting in 2018. Debt should not turn rotten so quickly....
...Shares in CMC and IG rose 2.5 and 2.6 per cent respectively....
...On Tuesday, CMC put out a profit warning, partly blaming the rules, which sent shares down as much as 18 per cent....
...On Tuesday, large listed rival CMC Markets put out a profit warning, blaming the rules as well as a recent lack of market volatility. Its shares fell as much as 18 per cent....
...The regulatory crackdown is expected to hurt the profitability of large listed online trading platforms such as IG Group and CMC Markets, but also the wealth of smaller private operators that have sprung...
...For example, CMC estimates 40 per cent of its European revenue comes from professionals. Others are exploring using alternative products that mimic CFDs....
...The UK’s financial watchdog announced its own clampdown in a shock announcement that knocked the shares of big London-listed players IG Group, CMC Markets and Plus500 by more than 30 per cent....
...The share prices of Plus500 and CMC Markets dropped 20 and 15 per cent respectively in early trading on Monday, but recovered slightly, with both trading down about 12 per cent by lunchtime....
...Shares in Plus500 slipped around 3 per cent on the news, while IG Group and CMC Markets remained broadly unchanged....
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