Markets have had a boost as US Senate passes the tax reforms bill. This is good for the Trump administration and US tax reforms have helped boost the markets. European markers are also performing very well. We have also seen Crude Oil fall, on the back of OPEC agreeing to keep production cuts for 2018.
Unsurprisingly, Bitcoin keeps moving to the upside. Matt and Rob weigh up whether it is a positive or negative for Bitcoin to have regulation. Concluding with Matt Brown noting it is actually a positive for the Cryptocurrency.
FTSE one to watch
Sky: Disney have been looking into 21st century Fox. Fox already own 39% of Sky. It is likely if Disney do agree a deal, that they may take the Sky holding. Matt believes this will be interesting to see how Disney would move into this area. Stock is trading up 2%.
AIM one to watch
Lionsgold. Watch the video to find out what this company does and why it is the AIM stock to watch today.
Also discussed in this segment
- GBP/USD & EUR/GBP outlook weakness on the back of Dollar Strength. Key meeting to watch out for today on final the Brexit bill which consequently could move the Pound. Could see a lot of volatility today.
- Broker Recommendations – Rentokil
- Core Number is 800. Facebook looking to add 800 jobs.
- Economic Calendar