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IHT is on the rise – estate planning is more important than ever
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The Investment Juncture for a Quality Portfolio
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FTSE 100 hits 3-week high, unfazed by latest inflation surge
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European shares rise on easing energy supply worries; Draghi speech in focus
Financials, consumer staples boost FTSE 100; BoE rate hike bets rise
Date: July 20, 2022
By Sruthi Shankar and Bansari Mayur Kamdar (Reuters) – UK’s benchmark FTSE 100 index rose on Tuesday as a buoyant global mood and strong gains by banks and consumer staples offset fears of a big interest rate hike next month after stronger-than-expected jobs data. The blue-chip FTSE 100 reversed early losses and gained 1.0%, while...
Stocks rally as U.S. earnings pick up, dollar eases for third session
Date: July 19, 2022
By Chuck Mikolajczak NEW YORK (Reuters) – A global gauge of stocks climbed on Tuesday as equities rallied while the dollar was down for a third straight day as the door was opened for the European Central Bank to enact a bigger rate hike than expected this week. Stocks on Wall Street advanced in broad...
Oil jumps on Russia supply jitters, lower dollar
Date: July 18, 2022
By Noah Browning LONDON (Reuters) -Oil prices extended gains on Monday, boosted by mounting concerns over gas supply from Russia and a lower dollar, offsetting demand fears brought on by a possible recession and China lockdowns. Brent crude futures for September settlement rose by $4.44, or 4.4%, to $105.60 a barrel by 1427 GMT, having...
European shares trim gains on gas supply concerns
Date: July 18, 2022
By Susan Mathew and Bansari Mayur Kamdar (Reuters) -European stocks pared some session gains on Monday, after a report said Russia’s Gazprom had declared force majeure on gas supplies to Europe to at least one major customer. The pan-European STOXX 600 index, which had risen as much as 1.5% to hit three-week peaks earlier in...
Stocks climb, euro inches higher in big week for markets
Date: July 18, 2022
By Saikat Chatterjee LONDON (Reuters) – World equity markets got off to a solid start on Monday and the euro pulled away from parity as market participants scaled back bets on the Federal Reserve interest rate hike next week and on optimism spurred by central bank pledges to support China’s economy. U.S. stock futures were...
UK shares touch over 2-week high, GSK spin-off Haleon lists on LSE
Date: July 18, 2022
By Sruthi Shankar (Reuters) -UK’s main stock indexes hit more than two-week highs on Monday, as an upbeat global mood lifted economically sensitive sectors, while shares of Haleon, spun off from drugmaker GSK, debuted on the London Stock Exchange. European and Asian stock markets tracked a Wall Street rally on Friday, when better-than-expected earnings and...