Fiona Craig

Bitcoin’s (COIN:BTCUSD) price has risen above $90,000 for the first time, buoyed by the result of last week’s U.S. election which saw a decisive victory for Donald Trump. Other cryptocurrencies have also risen, including dogecoin (COIN:DOGEUSD) which Trump supporter Elon Musk has promoted. Trump is pro-cryptocurrency, and while on the campaign trail he promised to […]

The “Trump Bump” which has seen Bitcoin and other cryptocurrencies soar following the U.S. presidential election has been apparent in the world of memecoins, which are displaying market exuberance. Memecoins have no utility in the real world, and are entirely driven by sentiment. They are currently delivering enormous returns. One cryptocurrency which has benefited from […]

Trump Media, the owners of the social media platform Truth Social, is about the become a publicly listed company, as it is due to be acquired by Digital World Acquisition Corp after a shareholder vote on Friday. Trump will have at least a 58% stake in the merged company, worth almost $3 billion. Digital World, […]

The annual UK inflation rate more than doubled to 1.5% in April, as prices were driven higher by a rise in energy costs as well as clothing prices. April saw a 9.2% increase in the gas and electricity price cap, and a 13.6% jump in motor fuel prices, which are now at their highest level […]

The OMG newsletter recommends at least 15 companies each month, using the writers’ experience of small caps to give you a winning edge. Last week they wrote about Kromek, Proteome and Itaconix. Read about these Opportunities 4 Material Gains! Wednesday Tip Our Wednesday Tip on the 24th March was a Kromek (LSE: KMK) at 15.75p. Amongst other things […]

SPAC stands for Special Purpose Acquisition Company. It’s a company that launches through an IPO, with the express purpose of acquiring other companies. SPACs have been around for decades, but they have become very popular in recent years – in the first three quarters of 2020 over 50 SPACs were formed in the US, raising […]

London open: Stocks start higher on US-China trade hopes London-listed stocks edged higher at the end of the week after a top White House official told reporters that a US-China trade deal was “near”, assuaging investors’ concerns of a potential ‘false dawn’ in negotiations. Nonetheless, in remarks made overnight, following an event at the US […]

London open: Stocks drop on weak China data amid deluge of earnings London stocks fell in early trade on Thursday following the release of weak Chinese factory orders data and an abrupt end to the Trump-Kim denuclearisation summit. A 0850 GMT, the 100 was down 0.8% to 7,050.75, while the pound was off 0.1% against […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK total trade deficit widened in August Total trade deficit in the UK expanded to £1.27 billion in August, compared to a revised deficit of £0.57 billion in the previous month. Market anticipation was for the nation’s deficit to widen to £1.20 […]

London open: Stocks edge up but Glencore retreats after earnings London stocks edged higher in early trade on Wednesday, taking their cue from a positive session overnight on Wall Street as trade war woes were put to one side. At 0850 BST, the FTSE 100 was up 0.2% to 7,730.55, helped by the continued softness […]