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Spreadex Weekly Trading Update

Monday, August 08, 2016
Connor Campbell - Market Analyst at Spreadex

Weekend Paper Roundup 08/08/2016

Financial Times
- Bank watchdog calls Goldman Sachs to face grilling over 1MDB fund
- Apple offers $200k bounty to identify flaws in its software
- Chinese group buys AC Milan
- European investment banks lose more ground to transatlantic rivals
- M&A bankers success in dodging the austerity bullet

The Wall Street Journal
- Brexit markup hits retail
- Pound still has room to slump
- Bank of England’s juggling act gets riskier
- Facebook targets ‘clickbait’ news
- Toyota cuts profit forecasts

The Guardian
- All Bitfinex clients to share 36% loss of assets following exchange hack
- Will Italy be Europe’s next casualty as Renzi risks all on referendum?
- Elderly should sell homes to fund care, says aide to Theresa May
- Oil prices plummet amid continued oversupply, with no end in sight
- Chinese firm with military ties invited to bid for role in UK’s nuclear future

The Telegraph
- Ofcom ends probe into Premier League football TV rights sale
- Activist Elliott raises the stakes in £600 million Poundland takeover
- Investigations pile pressure on Sir Philip Green
- Nestle boss: we are in the UK ‘forever’, Brexit doesn’t change that
- Insurers expected to maintain performance despite market turbulence

The Times
- Rolls-Royce in new drive to close down corruption probes
- Five years of pain for savers
- City dealmaker eyes Panmure Gordon bid
- Fitness First owners sweat on Asia deal
- Property’s biggest fall since crisis

Daily Mail
- Chinese insurance giant Anbang eyes up £7 billion takeover of Holiday Inn owner IHG
- Firms in England and Wales sees output fall for first time in 4 years as Brexit hits demand
- Boohoo shares in fashion over high hopes weak pound will boost exports to America
- 1 in 4 firms in Britain started by foreigners as number soars by 160% since 2010
- RBS investors facing a decade without a dividend

Recent Posts:
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Morning Market Comment 05/08/2016


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