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Spreadex Weekly Trading Update

Monday, May 09, 2016
Connor Campbell - Market Analyst at Spreadex

Weekend Paper Roundup 09/05/2016

Financial Times
- Oil prices climb as Canada wildfire rages
- China fights for market economy status
- Nationwide increases home loans age limit to new high of 85
- Brexit vote set to fuel more referendums
- Economists call for end of tax havens

The Wall Street Journal 
- China shares fall on concerns over ‘L-shaped’ economic trend
- Disney could face costly search for successor
- China bolsters ailing firms, adding to global glut
- Fiat Chrysler CEO seeks to strengthen ties with Google
- Twitter bars US intelligence agencies from data service

The Guardian
- Offshore finance: more than $12 trillion siphoned out of emerging countries
- Bank of England meeting could discuss cutting interest rates
- Chinese economy: exports fall by 2% and imports by 11% in April
- Greece has ‘basically achieved’ reform goals says Jean-Claude Juncker
- Brexit ‘will put UK access to cutting-edge medicines at risk’

The Telegraph 
- Healthy fast food chain Leon reveals profit leap
- Greek parliament approves pension cuts and tax rises as protestors clash with police
- Cost of running a home in the UK now almost half of all household income
- CBI chief calls Gove ‘wilfully misleading’ over Brexit claim
- Safe haven Vodafone among FTSE 100 companies at risk of dividend cuts

The Times
- Poor jobs growth in US kills hopes of rate rise
- Former BHS pension boss to appear before MPs
- Sparks to fly as EDF board faces critics over Hinkley Point
- Morrisons adds more to the pot
- Delays burn hole in Interserve figures

Daily Mail
- Hopes boosted at Tata UK as the price of steel goes up
- Era of ‘zombie’ bank looms, says ex-Barclays boss Antony Jenkins
- New pubs code faces delay over disputed ‘legal loophole’
- Pure Gym’s in good shape as turnover leaps to £99 million thanks to 50% jump in membership
- Lloyds and ITV face new backlash from investor groups over ‘excessive’ executive wage hikes

The Independent
- TTIP deal under threat after Germany claims US ‘refuses to compromise’
- Two-thirds of British businesses hit by cyber-attacks
- EU membership ‘has boosted Britain’s pay packets by £1800’
- BHS owner was forced out of a previous venture amid dispute over money
- UK workers’ job satisfaction at two-year low

Recent Posts:
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