Tag Archives: Business

GEOPOLITICS DOMINATES HEADLINES Global investor pessimism over a potential trade war abated somewhat last week, as the Trump administration announced that certain countries would be exempt from the newly imposed tariffs. In Asia, shares staged a late rally as investors also took heart from the apparent thawing of relations between the US and North Korea, […]

GLOBAL STOCK MARKETS START THE NEW YEAR WITH A BANG Global shares powered ahead during the first trading week of 2018, building on December’s gains. Japanese stocks touched multi-decade highs, while technology and energy stocks pushed US stock market indices further into record-breaking territory. Eurozone economic activity, accelerating at its fastest pace for seven years, […]

US DOLLAR AND STERLING RISE AS DEADLOCKS RESOLVED Both the US dollar and the pound strengthened. The greenback rallied against a basket of currencies as a US government shutdown was averted by Congress agreeing to fund spending until 22 December. Sterling climbed after a breakthrough in Brexit talks, enabling the UK government to move forward […]

STOCK MARKETS EDGE LOWER; FINANCIAL SHARES OUTPERFORM Sterling outperformed major rivals on signs of progress towards a Brexit deal, after the UK appeared to make an offer on the exit bill that could lead to a breakthrough in talks (see below). The currency strength took the shine off stock markets, however, by lowering the value […]

STOCK MARKETS BOUNCE; EURO EXTENDS RALLY Stock markets edged higher worldwide, with the MSCI All Country World Index snapping a two-week decline, as data continued to point to a strengthening global economy. Euroarea company shares outperformed after a report showed that jobs growth and new manufacturing orders rose to 17-year highs; on the back of […]

Click here to read the Intrinsic Autumn Budget Statement 2017. Please note that this Autumn Budget Statement briefing is provided strictly for general consideration only. The information contained in this briefing is based on Intrinsic Financial Services Limited’s understanding of the relevant proposals contained within the Autumn Budget Report 2017 (as at 22/11/17), which may […]

Lee Rossiter of Rossiter’s Financial is proud to continue his support of Merthyr Town Football Club with ongoing sponsorship. Lee is pictured below alongside his latest pitch-side sponsorship signage at the ground. Rossiter’s Financial is an Independent Financial Services company with a mixed client base including both private individuals and companies. Our focus is on […]

WEEK ENDING 17 NOVEMBER 2017 LATE RALLY IN GLOBAL SHARES HELPS STEM WEAKNESS It was a decidedly shaky start to last week, with energy stocks experiencing particularly heavy falls, due to a falling oil price. However, a late rally in US technology and consumer staples stocks, courtesy of good profits announcements resulted in the S&P […]

Following an invitation from Welsh Labour Member of Parliament for Merthyr Tydfil & Rhymney and Shadow Defence Minister Gerald Jones, on Wednesday 1st of November Lee Rossiter was part of a business group called The Martyrs Business Network that travelled to Westminster to discuss business activities and opportunities in Merthyr Tydfil. During a full day of events Lee was […]

GLOBAL SHARES RETREAT FROM RECORD HIGHS Global shares retreated from historic highs last week, paring gains in the last few days on news that the US Senate would delay any plans to reduce US corporate taxes until 2019. (Lower taxes typically increase profits growth). European shares fell, as did eurozone bond prices, with bond yields […]