Author stories Proactiveinvestors Author stories RSS feed en Tue, 22 Aug 2017 02:45:01 +0100 Genera CMS (Proactiveinvestors) (Proactiveinvestors) London Finance Show: Tin hat time for sterling? Market commentator Matt Brown thinks the Great British pound could come under pressure in the near future and warns that it could be ‘tin hat time’ for the currency.

“The Bank of New York said they’ve seen large inflows over the summer come into sterling on the back of some hawkish comments coming out of the Bank of England,” says Brown in the

“Over recent weeks [though], they’ve seen a lot of outflows; the asset managers are moving out of sterling.”

Elsewhere, Fund manager Rathbone Brothers PLC (LON:RAT) makes Brown’s watch list’ after it confirmed it is planning a merger with Smith and Williamson.

Frontier Developments PLC (LON:FDEV) is also on his radar after it unveiled its latest game today – Jurassic World Evolution.

Brown also takes a look at the rest of the currency markets as well as HSBC’s downgrade of British Land Company PLC (LON:BLND). 

Mon, 21 Aug 2017 10:50:00 +0100
London Finance Show: ‘Oil prices key to future US rate hikes’ Market commentator Matt Brown reckons US inflation could edge higher in coming months if oil prices recover which could trigger another interest rate hike at some point soon.

For the time being though, he thinks Fed policymakers will be happy to stick rather than twist.

“A lot of members are now looking at the lower inflation numbers coming out of the US and saying, ‘look, we can’t be raising rates in a low inflation environment,” he explains in the London Finance show.

As for his ones to watch, Brown picks out B&Q owner Kingfisher PLC (LON:KGF) and AIM-quoted Seeing Machines Limited (LON:SEE).

There’s also a look at currencies and City broker Peel Hunt’s upgrade of Card Factory PLC (LON:CARD).

Thu, 17 Aug 2017 11:15:00 +0100
London Finance Show: Chinese bubble set to burst? “What [the IMF] is saying is that the boom we’ve seen in China has been overextended by about 2% over the past three or four years because of the extra credit in the market,” explains market commentator Matt Brown.

“The IMF has flagged it up as a potential bubble; if that bubble bursts, how will that affect the US and European economies?”

There’s also a look ahead to the Fed minutes later on this evening, while UK jobs data is under the spotlight too.

As for companies, BHP Billiton plc (LON:BLT) and BAE Systems PLC (LON:BA.) make it on to Brown’s watchlist today.

Wed, 16 Aug 2017 10:30:00 +0100
London Finance Show: ‘Buyers beware in thin markets’ “Markets are stronger but the volumes are very, very thin. Buyers beware in thin markets,” says market commentator Matt Brown in the latest London Finance Show.

On Brown’s watch list today are J Sainsbury plc (LON:SBRY) from the FTSE 100 and EVR Holdings PLC (LON:EVRH) from the junior market.

There’s a look across to the currency markets where sterling continues to flag against the euro and dollar.

High street retailer Next Plc (LON:NXT) is also in focus after it was downgraded to a ‘sell’ from Berenberg.

Tue, 15 Aug 2017 12:00:00 +0100
London Finance Show: Quiet day but North Korea détente lifts markets “Everything seems to have calmed down a little bit from North Korea over the weekend so that’s certainly helped the market push higher,” says market commentator Matt Brown in today’s London Finance Show.

Brown has his say on Standard Life Aberdeen which began its first day of trading this morning after the £11bn merger completed.

Telit Communications Plc (LON:TCM) is also on his radar after its chief executive resigned today because of undeclared historical indictments in the US.

“Somewhere along the line someone should’ve done some due diligence.”

There’s a look at the currency markets and broker recommendations, including TUI AG’s (LON:TUI) upgrade from Credit Suisse

Mon, 14 Aug 2017 11:30:00 +0100
London Finance Show: Markets concerned with North Korea tensions “The market now is saying ‘we’re a bit concerned about what is going on in North Korea’,” says market commentator Matt Brown in Friday’s London Finance show.

“This seems to be a catalyst for the markets to pull back from all-time highs. The question is, is this a buying opportunity or part of a continued downtrend?

“If this downward trend continues, I think it could go quite a bit lower.”

Elsewhere, mining giant Rio Tinto PLC (LON:RIO) is Brown’s stocks to watch as it sits atop of the FTSE 100 losers list.

Fox Marble Holdings PLC (LON:FOX) is his one to watch on AIM after it signed a new US distribution deal yesterday.

There’s also a look across to the currency markets and to Berenberg’s price target upgrade for Just Eat PLC (LON:JE.).

Fri, 11 Aug 2017 12:45:00 +0100
London Finance Show: North Korea missile threats spook markets Reports that North Korea could potentially fire a nuclear missile as far as Chicago has “spooked the markets”, says market commentator Matt Brown.

“Gold is up, the yen is up – it’s a flight to safety trade at the moment, risk-off,” says Brown in today’s London Finance Show.

Given the strong performance of the yellow metal today, gold miners Randgold Resources Limited (LON:RRS) and Fresnillo PLC (LON:FRES) make it onto Brown’s FTSE 100 watch list.

Lower down the leagues on AIM, Brown casts his eye on Water Intelligence PLC (LON:WATR) which is up over 10% this morning on the back of a first half trading update.

There’s also a quick look across to the currency markets, broker recommendations and a look back at the financial crisis, which happened almost ten years ago.

Wed, 09 Aug 2017 11:50:00 +0100
London Finance Show: Wages to start creeping up soon? Market commentator Matt Brown thinks wages in the UK could start to creep higher in the coming months as employers struggle to find skilled workers.

“Employers and agencies have been saying that there is becoming a jobs shortage in the UK, maybe as a result of Brexit with some of the migrant workers are moving back,” Brown explains in this morning’s London Finance Show.

“It could potentially mean wage inflation further down the line which certainly at this stage isn’t good for the Bank of England.”

As for companies, the commentator picks out FTSE 250-listed  Pets at Home Group PLC (LON:PETS), which has made gains this morning after a decent set of quarterly results.

“It does feel like the UK consumer isn’t price-sensitive when it comes to looking after their dog or cat; they don’t seem to care when it comes to looking after their pets.”

Elsewhere, ookmaker Paddy Power Betfair plc (LON:PPB) makes Brown’s list of stocks to watch, as does online fashion retailer Asos PLC (LON:ASC).

There’s also quick look across to the currency markets, as well as to the UK’s total wealth which is now estimated to exceed £10.5trn.

Tue, 08 Aug 2017 11:30:00 +0100
London Finance Show: ‘Pound to hit US$1.40 this year’ Sterling has fallen back against the dollar over the past few days, but TJM Partners’ chief market analyst Ronnie Chopra expects the pound to head back towards US$1.40 over the coming months.

“On Friday the non-farm payrolls were very good which gave a boost to the dollar…but I still see the pound appreciating against the dollar – this year we should see US1.40,” explains Chopra.

Paddy Power Betfair plc (LON:PPB) is the analyst’s FTSE 100 stock to watch. The bookmaker is out of favour this morning after its boss resigned ahead of tomorrow’s interim results.

Over on AIM, Chopra picks out online estate agent Purplebricks Group PLC (LON:PURP) as his one to watch.

Royal Bank of Scotland Group PLC (LON:RBS) also gets a mention. Chopra thinks it’s time to add the lender to your portfolio after Friday’s “very good” results.

Mon, 07 Aug 2017 12:15:00 +0100
London Finance Show: ‘Dollar to claw back lost ground after strong non-farms’ Independent market commentator Matt Brown tells the London Finance Show that he expects the dollar to go on a little run after the better-than-expected US non-farm payrolls this afternoon.

“The dollar has been completely out of favour of late so we’re likely to see a little bit of a bounce,” he explains.

Next up is Royal Bank of Scotland PLC (LON:RBS) which Brown says is “looking good”; so good in fact that he thinks the government might start to reduce its 73% stake in the lender.

YouGov PLC (LON:YOU) and London Stock Exchange Group PLC (LON:LSE) are his two stocks to watch today, and there’s also a quick look at the currency markets.

Fri, 04 Aug 2017 13:45:00 +0100
Chelsea favourites, but Spurs could be worth an outside flutter Fri, 06 Jan 2017 16:15:00 +0000