Friday Email: 22 June 2018
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 FTSE 100 has fallen around 50 points this week in volatile trading caused by the threat of a growing trade war between the U.S. and the rest of the world. As from today the EU will impose tariffs on some U.S. goods in response to the tariffs set by the US on steel and aluminium. The markets do not like it and reacted badly early this week only to recover midweek. Overall, the fall in the markets has been relatively muted which suggests that the markets do not take this too seriously for now!
The past week was quiet as is the case at this time of the year. Old favourite, Ashtead increased its final dividend by 20%.
The week ahead remains quiet. Going ex-dividend on Thursday for yields in excess of 2% for the single dividend we have Morses club (3.1%), Babcock (2.8%) and Renewi for 2.2%.
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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.
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Read next: 15 June 2018
The FTSE 100 has had a decent week rising around 60 points and is currently trading at 7768. The markets were given a boost as the ECB indicated that Euro zone interest rates were unlikely to rise until towards the end of 2019.
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