British unemployment rate unchanged at 4.4% in January
Unemployment Rate in the UK: The UK's unemployment rate remained steady at 4.4% from November to January 2025, marking the highest level since May of the previous year, with an increase in those unemployed for up to 12 months.
Market Developments: European markets ended mostly higher due to geopolitical developments and central bank decisions, including a German debt reform vote and discussions between Trump and Putin.
Trade with 70% Backtested Accuracy
Analyst Views on FLGB
About the author
How Wall Street’s most hated stocks have performed against tariffs — and the smart money
Pariah Capital's Performance: In the first half of the year, Pariah Capital successfully avoided the market turmoil experienced in March and April, despite its portfolio underperforming compared to popular investments on Wall Street.
Portfolio Metrics: Although the hypothetical Pariah portfolio has lagged in pure returns, it demonstrates superior performance when evaluated based on financial metrics related to volatility and risk.
Kore Potash Secures $2.2 Billion Term Sheet For Project In Republic of Congo
Kore Potash Financing Agreement: Kore Potash has signed a non-binding term sheet with OWI-RAMS to secure $2.2 billion in financing for its Kola Project in the Republic of Congo, which includes a mix of senior secured project finance and royalty financing aimed at minimizing shareholder dilution.
Project Details and Market Demand: The Kola Project is expected to produce 2.2 million tons of muriate of potash annually, addressing the growing global demand for potash driven by food security and agricultural needs, with projections estimating a demand of 40.9 million tons by 2025.
Nvidia's CEO Is Bullish on the U.K.: Should You be Too?
UK Economic Resilience: The UK economy has shown resilience with a rebound in the FTSE 100, gaining approximately 15% after an initial decline, driven by strong growth in the services sector and positive trade agreements. Nvidia's CEO praised the UK's AI ecosystem, indicating increased investment in this sector.
Investment Opportunities: Investors are encouraged to consider various ETFs for exposure to the UK market, with options like iShares MSCI United Kingdom ETF (EWU) being highlighted for their liquidity and performance, as well as Franklin FTSE United Kingdom ETF (FLGB) for its low fees suitable for long-term investing.
UK private sector output growth climbs to a six-month high
UK PMI Performance: The S&P Global UK Composite PMI increased to 52.0 in March, indicating growth, while the Services PMI rose to 53.2, both exceeding market expectations; however, the Manufacturing PMI fell to 44.60 points.
Market Outlook: European markets are experiencing fluctuations due to global economic concerns, with specific attention on the upcoming Bank of England meeting addressing inflation and growth risks.
European markets rebound on Monday, flash PMI readings on chart
Market Performance: European markets showed positive movement with the UK, Germany, and France indices rising, while Germany's manufacturing PMI indicated an upturn, contrasting with a decline in France's private sector output.
Economic Indicators: The U.S. 10-year Treasury yield increased, while Germany's yield also rose slightly; traders are optimistic about upcoming U.S. tariffs being less severe than expected, as they await flash PMI readings from Europe and the UK.
European markets in red as global economic worries weigh
Market Overview: European markets experienced declines, with the Stoxx 600 down 0.45%, as investors reacted to global economic uncertainties and recent monetary policy updates from central banks, including the U.S. Federal Reserve.
Geopolitical Developments: The EU plans to significantly increase defense spending amid rising geopolitical tensions, while Germany's upper house is set to vote on a debt brake amendment that has already passed in the lower house.
How Wall Street’s most hated stocks have performed against tariffs — and the smart money
Pariah Capital's Performance: In the first half of the year, Pariah Capital successfully avoided the market turmoil experienced in March and April, despite its portfolio underperforming compared to popular investments on Wall Street.
Portfolio Metrics: Although the hypothetical Pariah portfolio has lagged in pure returns, it demonstrates superior performance when evaluated based on financial metrics related to volatility and risk.
Kore Potash Secures $2.2 Billion Term Sheet For Project In Republic of Congo
Kore Potash Financing Agreement: Kore Potash has signed a non-binding term sheet with OWI-RAMS to secure $2.2 billion in financing for its Kola Project in the Republic of Congo, which includes a mix of senior secured project finance and royalty financing aimed at minimizing shareholder dilution.
Project Details and Market Demand: The Kola Project is expected to produce 2.2 million tons of muriate of potash annually, addressing the growing global demand for potash driven by food security and agricultural needs, with projections estimating a demand of 40.9 million tons by 2025.
Nvidia's CEO Is Bullish on the U.K.: Should You be Too?
UK Economic Resilience: The UK economy has shown resilience with a rebound in the FTSE 100, gaining approximately 15% after an initial decline, driven by strong growth in the services sector and positive trade agreements. Nvidia's CEO praised the UK's AI ecosystem, indicating increased investment in this sector.
Investment Opportunities: Investors are encouraged to consider various ETFs for exposure to the UK market, with options like iShares MSCI United Kingdom ETF (EWU) being highlighted for their liquidity and performance, as well as Franklin FTSE United Kingdom ETF (FLGB) for its low fees suitable for long-term investing.
UK private sector output growth climbs to a six-month high
UK PMI Performance: The S&P Global UK Composite PMI increased to 52.0 in March, indicating growth, while the Services PMI rose to 53.2, both exceeding market expectations; however, the Manufacturing PMI fell to 44.60 points.
Market Outlook: European markets are experiencing fluctuations due to global economic concerns, with specific attention on the upcoming Bank of England meeting addressing inflation and growth risks.
European markets rebound on Monday, flash PMI readings on chart
Market Performance: European markets showed positive movement with the UK, Germany, and France indices rising, while Germany's manufacturing PMI indicated an upturn, contrasting with a decline in France's private sector output.
Economic Indicators: The U.S. 10-year Treasury yield increased, while Germany's yield also rose slightly; traders are optimistic about upcoming U.S. tariffs being less severe than expected, as they await flash PMI readings from Europe and the UK.
European markets in red as global economic worries weigh
Market Overview: European markets experienced declines, with the Stoxx 600 down 0.45%, as investors reacted to global economic uncertainties and recent monetary policy updates from central banks, including the U.S. Federal Reserve.
Geopolitical Developments: The EU plans to significantly increase defense spending amid rising geopolitical tensions, while Germany's upper house is set to vote on a debt brake amendment that has already passed in the lower house.
