Why Things Are Better Down Under

Why Things Are Better Down Under By Filipe R Costa The last two weeks have been tough mostly because of the Brexit outcome, as it created volatility where peace was previously found. But, speculators, spread bettors and investors all find the best opportunities during panic situations like this. The world has been turned upside down: the 43-year British EU membership is at risk, the pound is at a 31-year low against the dollar, 20-year JGB hit the ground for the first time ever, and central banks are happily paying lenders to get their money. Under such a scenario it is not always easy to digest all of the variables and output a model predicting the macro implications for our economy. In fact, the best is to hedge all positions as much as possible instead of betting the whole farm in a single direction. Today I'm rebuilding the bullish Australian dollar case and taking profits on the unstoppable yen. I'm not sure about the yen but I suspect the BoJ may soon try to prevent further appreciation, which limits its short-term upside potential... Click Here To Read The Full Story The Master Investor Market Report The FTSE 100 closed the day at 6,533.79 an increase of 70.20 points. The FTSE 250 rose 260.78 points to finish at 15,930.49. The FTSE All Share climbed 45.42 points to finish at 3,521.21. The FTSE AIM All Share finished at 699.97, up by 2.98 points. Supermarket Marks & Spencer (MKS) reported that total group revenues climbed by 1.3% during the thirteen weeks ended 2nd July, with stronger international sales and beneficial currency movements offsetting a drop in UK revenues. Within the UK, food was the top performer whilst the decline of the clothing & home departments continues with an 8.3% drop in sales. The existing full year guidance has been retained. M&S shares closed the day at 298.90p, up by 4.80p.   Download our July issue today! Click HERE to read. Pest control specialist Rentokil Initial (RTO) has said that the recent decline in the Pound should boost its profits by between £25 and £30 million. However, a chunk of that increase has already been accounted for by the newly announced acquisition of Residex for a $30 million (£23 million), a purchase designed to extend the firm's reach within North America. Rentiokil shares climbed 6.60p to 202.90p. Shares in Primark owner Associated British Foods (ABF) saw its prospects for the year rise as Sterling fell, with management commenting that they no longer expected a decline in earnings per share. Group revenue in the 40 weeks ended 18th June was 1% ahead of the same period of the prior year after growth picked up significantly during the third quarter. Shares in the company shot upwards by 8.89% to 2,780p. Tomorrow's news today AVEVA (AVV) and Bonmarche (BON) will hold their AGMs. Quote of the day "The universe never did make sense; I suspect it was built on government contract." -Robert A. Heinlein Latest Stories Chart of the Day: AB Foods By Zak Mir In the aftermath of the shock Brexit vote, it's clear that investors looking for bargains on the stock market, have seen both gifts and poison chalices. In the case of Primark owner AB Foods, it appears we have been treated to something of a steal at the lower levels... Click Here To Read The Full Story Persimmon shares: wonderful value against uncertain outlook By Robert Sutherland Smith Some stock market domestic share capitalisations have come to suddenly resemble a war zone; a bit like the recent accounts of the Battle of Jutland during the First World War (before the EU) when great capital ships were there one moment and gone the next… Click Here To Read The Full Story The Evil Diaries: Chemours, Tesla & Tony Blair By Evil Knievil It's taken a while but latish last night Chemours (CC on NYSE) collapsed 25% as a result of one litigant's testicular cancer derived from Teflon chemical which, somehow, has found itself in waters in Ohio and West Virginia… Click Here To Read The Full Story A Big Ego is a Big Problem By Robbie Burns There are a lot of reasons people fail to become Master Investors. The usual suspects are fear and greed. But there is something that isn't discussed much – ego… Click Here To Read The Full Story How to Pocket the Grey Pound By Nick Sudbury It is estimated that the number of older people in the world – defined as those aged 60 or over – will increase from 901 million to more than 1.4 billion over the fifteen years to 2030… Click Here To Read The Full Story   Join the movement on social media: Copyright 2016 Master Investor Ltd, All rights reserved. You are receiving this email because you opted in at our website. If a Daily Bulletin is too frequent, why not opt in to our once weekly mailing list for a round up of the week's news straight to your inbox. Once Weekly Round-Up Our mailing address is: Suite 88, 22 Notting Hill Gate, London W11 3JE Master Investor is a trading name of Master Investor Limited. Material contained within Master Investor Magazine and its website is for general information purposes only and is not intended to be relied upon by individual readers in making (or refraining from making) any specific investment decisions. Master Investor Ltd does not accept any liability for any losses suffered by any user as a result of any such decision.

This email was sent to educationspeculator.davinci@blogger.com why did I get this?    unsubscribe from this list    update subscription preferences Master Investor Ltd · Suite 88 · 22 Notting Hill Gate · London, London W11 3JE · United Kingdom