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Oct 10, 2024 | 
ajbell.co.uk | GSK Plc
“Is the renewed rally in Chinese shares a dead cat bounce or the real deal? That’s the key question investors will be asking after stocks resumed their upward path after a big pullback yesterday,” says Russ Mould, investment director at AJ Bell. “The market is eagerly awaiting a briefing from China’s finance officials this weekend with the hope they will unveil big fiscal stimulus to go alongside measures already announced to get the economy moving faster.
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Jul 31, 2024 | 
ajbell.co.uk | HSBC Holdings PLC |GSK Plc |Shell plc |Glencore PLC
“Commodities came to the rescue, driving strong gains for the FTSE 100 and helping the UK stock market to buck the sell-off that gripped Wall Street yesterday,” says Russ Mould, Investment Director at AJ Bell. “A 1.2% gain from the FTSE 100 was driven by Shell, BP and Glencore following a bounce in the oil price. Brent Crude jumped 2% to $79.61 per barrel, rebounding after declining for five days straight.
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Jun 5, 2024 | 
ajbell.co.uk | GSK Plc
“Chop, chop, chop – that’s the sound of another central bank taking the axe to interest rates. The Bank of Canada’s first rate cut in four years is a significant event and puts it in the same pool as Switzerland and Sweden in starting to loosen monetary policy,” says Dan Coatsworth, Investment Analyst at AJ Bell. “While that creates the type of backdrop many investors want to see, tomorrow’s ECB rate decision is far more important as far as markets are concerned.
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May 24, 2024 | 
ajbell.co.uk | GSK Plc
“It’s not been the best of weeks for the FTSE 100, with the UK blue-chip index on track to end the five-day session down 1.7%. Inflation, interest rates, politics, declining commodity prices, rights issues, the list goes on and it is fair to say the market has had quite a bit to worry about,” says Russ Mould, Investment Director at AJ Bell. “Risk appetite has diminished judging by what’s moving on the market.
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Mar 18, 2024 | 
ajbell.co.uk | Tesco Plc |Currys PLC |Haleon plc |GSK Plc
“The FTSE 100 ticked higher at the start of the week with bargain hunters swooping on Reckitt after a big sell-off last week linked to baby food legal claims,” says AJ Bell Investment Director Russ Mould. “Mining stocks moved higher as Chinese industrial production was above expectations. Given the world’s second largest economy is the most rapacious global consumer of commodities, the fortunes of the resources space are closely tied to its economic fortunes.
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Jan 17, 2024 | 
ajbell.co.uk | GSK Plc |Haleon plc |Persimmon PLC
“Investors have had to rip up their game plan after UK inflation went in the wrong direction to support the narrative for interest rate cuts,” says Russ Mould, Investment Director at AJ Bell. “Coming at 4% versus a market forecast of 3.8%, it’s still double the long-term target for the Bank of England and could act as the deciding factor for the Monetary Policy Committee to sit on their hands at their next vote and keep rates higher for longer.
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Jul 26, 2023 | 
ajbell.co.uk | GSK Plc |NatWest Group plc
“Banks play a crucial role in making the country tick. They are trusted with our hard-earned cash and relied upon to fund a myriad of purchases from buying a house to business expansion which delivers jobs and prosperity. With that in mind it now seems absurd that the board of NatWest had considered that Alison Rose could ride out this storm,” says Danni Hewson, Head of Financial Analysis at AJ Bell.
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Jun 23, 2023 | 
ajbell.co.uk | GSK Plc |Audioboom Group plc |Haleon plc
“It’s tech to the rescue once again as a strong showing from names such as Amazon and Apple helped Wall Street to record a positive session last night,” says Danni Hewson, Head of Financial Analysis at AJ Bell. “Federal Reserve chairman Jerome Powell gave the market the message it wanted to hear – while US rates have not hit the top of the current cycle, the central bank will proceed with caution.
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May 12, 2023 | 
ajbell.co.uk | GSK Plc |Haleon plc
“Despite an unexpected 0.3% contraction in the UK economy in March, the first quarter still saw GDP growth of 0.1%, showing greater resilience than many had expected at the start of the year,” says AJ Bell Investment Director Russ Mould. “Whether the March number is the start of a negative trend will become clearer when the April GDP estimate is published in mid-June. For now, with the Bank of England still battling double-digit inflation, the door is certainly open to further rate rises.
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May 3, 2023 | 
ajbell.co.uk | Haleon plc |GSK Plc
“The FTSE 100 made a strong start on Wednesday ahead of the latest news on US interest rates,” says AJ Bell Investment Director Russ Mould. “The Fed is widely expected to deliver what could be its final rate hike in this cycle of 25 basis points so barring any big shock on that score, the focus will fall on the comments which accompany the decision. “Confirmation that rates will be put on hold after today, while largely anticipated in the market, could nonetheless give sentiment a bit of a boost.
