CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider (Saxo Bank). You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.
Themes from November
US Federal Reserve kept interest rates unchanged but said inflation would likely rise in 2018, due to declining unemployment, higher business and personal spending.
US 10 year bond yields rose to 2.7% near its highest level since 2014 on concerns over the rate outlook.
Bitcoin and other crypto currencies fell in response to regulatory clampdowns/ bans in South Korea. There are concerns over liquidity should the sell-off persist.
City Developments failed to buy Millennium & Copthorne Hotels reaching a 47% acceptance rate.
CMA reported that it still had plurality concerns over the acquisition of Sky by Fox. However investors took comfort in the proposed remedies and the acquisition appears on track.
Esure CEO departed to make way for an expanded role for majority shareholder Sir Peter Wood.
Carillion went into liquidation, after failing to secure further loans. Carillion held £29m cash but outstanding debt and creditors above £1.5bn.
Capita will undertake a £700m rights issue and further asset sales. The new CEO said Capita must get the balance sheet right and lower both its £1.1bn debt load and pension deficit.
Read the January Newsletter
General Risk Warning
Trading in the products and services offered by Collins Sarri Statham Investments Ltd (CSS) may, result in losses as well as profits as the value of investments may go down as well as up. You may not get back the full amount you have invested. Any reference to past performance should not be viewed as an indication of any future performance. Investments held in overseas markets are subject to the effects of changes in exchange rates which will impact on the value of the underlying investment. Investments made in AIM and penny shares carry an increased risk due to the difficulty in creating a market in these shares. There may be a substantial difference in the buy and sell price. Leveraged products such as Contracts for Difference (CFDs), derivatives, commodities & Foreign Exchange (FX), carry a higher risk to your capital. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider (Saxo Bank). You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits on some products.
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