Friday Email: 05 July 2013
Every Friday morning our lead analyst Mark Riding sends out his weekly run-down and upcoming events in the investor calendar, like this one:
The market took off on Thursday as the new bank of England governor and the ECB chairman pointed to sustained low interest rates this side of the atlantic. The sell from the 6800 level on the FTSE came as it was suggested that QE would start to be reduced and eventually taken away in the US. It looks as though the US is ahead in the economic cycle and recovery is under way. It looks like the B of E and the ECB are signalling that we are some way behind that over here. Meanwhile on the corporate front, It has been the quietest week for a very long time and we can expect even less next week in the UK. Only Anite and Ocado, who do not pay a dividend reported last week.
Our dividend of the week feature for the Investors Chronicle has been a great success and was one of the most read articles on the whole website this past week. It has been the most viewed article in the shares section of the site for the whole week and remains so as I write. So, we are happy with that. I wrote next weeks article yesterday and of course the surge in the market upset things a bit, but we will be having another IC dividend of the week this coming Monday.
The Friday email is delivered to over 20,000 subscriber’s every week, and remains a widely read run-down of recent events and what investors can expect in the week ahead written by our chief analyst Mark Riding.
It’s included as part of the free DividendMax trial.
Read next: 28 June 2013
The market has been struggling to regain an uptrend this week and the ship has settled somewhat, but it is not convincing.
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