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- Author: Luke Miley
Luke is currently a student in his final year studying A levels in Economics, Maths and Physics at The Bishop’s Stortford High School. He has a strong interest in economics and financial markets, and has applied to study Economics from 2020 at various Russell Group Universities including Bristol, Warwick, Loughborough, Nottingham and Lancaster Universities.
Luke entered the 2019 Winston Churchill College Cambridge, Sixth Form Economics Prize, in which candidates had to predict the daily spot Euro-Sterling exchange rate be on 1 June 2019. They also had to justify their predictions with commentary, focusing both on economic analysis and interpreting political decisions. Luke’s entry was highly commended as can be seen at Winston Churchill College Cambridge.
Luke spent the summer of 2018 on an internship with Kylin Prime Capital. Kylin Prime Capital are a Chinese Fund Manager based in the UK who invest in UK equities and corporate bonds, as well as Foreign Exchange markets and equity indices. In his placement Luke worked closely alongside the Senior Fund Manager, assisting with day to day trading duties.
Luke aspires to a financial markets career in the future after his studies.
Intermediate
The UK Spring Budget is a pivotal event in the nation’s fiscal calendar, where the Chancellor of the Exchequer outlines the government’s taxation and spending plans for the upcoming financial year. This annual presentation typically occurs in March and serves as a platform for the Chancellor to address Parliament and the public, detailing key economic … Continued
Intermediate
What to Expect from the US PCE Data The upcoming US Personal Consumption Expenditures (PCE) data release, scheduled for 13:30 GMT on Thursday, February 29th, is expected to provide insights into the trajectory of inflation in the United States. Economists anticipate that the report will confirm January’s setback in the battle against rapid cost-of-living increases. … Continued
Intermediate
What to expect from the US Durable Goods data Investors and economists eagerly await the release of the US Durable Goods data, scheduled for 13:30 GMT on Tuesday, February 27th. The report by the US Census Bureau provides crucial insights into the health of the manufacturing sector and broader economic activity in the United States. … Continued
Intermediate
Published
February 21, 2024
by: Luke Miley
Updated February 26th, 2024
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What to expect from Nvidia’s Earnings Nvidia’s forthcoming Q4 2023 earnings call, scheduled for Wednesday, February 21st, 2024, is anticipated to be a pivotal event not only for the company itself but also for the broader technology landscape, particularly in the realm of artificial intelligence (AI). As the third most valuable company on Wall Street, … Continued
Beginner
As investors gear up for the upcoming Retail Sales data releases in the United States and the United Kingdom on February 15th and 16th, respectively, anticipation is high for insights into consumer spending trends. These releases serve as vital economic indicators, offering a glimpse into the pulse of consumer activity and broader economic conditions. What … Continued
Intermediate
Published
February 13, 2024
by: Luke Miley
Updated February 19th, 2024
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US CPI Expectations As anticipation builds for the upcoming release of the US Consumer Price Index (CPI) on February 13th, market participants are bracing for critical insights into the state of inflation. This data arrives amidst a backdrop of heightened attention following a robust January jobs report and the Federal Reserve‘s cautious stance on inflation. … Continued
Intermediate
The US 2023 fourth-quarter earnings season is in full swing, with 230 S&P 500 companies already reporting. Impressively, 80% of these companies have exceeded Wall Street’s expectations, as reported by LSEG. Last week was extremely busy, seeing the likes of Microsoft and Alphabet earnings Tuesday and Amazon, Apple and Meta reporting Thursday. This week will … Continued
Intermediate
What is the US Employment Report? The US Employment Report, a monthly release from the US Bureau of Labor Statistics (BLS), serves as an essential economic compass, offering in-depth perspectives on the dynamics of the nation’s labour market. This comprehensive report comprises several critical metrics, prominently featuring nonfarm payrolls, unemployment rates, and average hourly earnings. … Continued
Beginner
The Federal Reserve (Fed) Interest Rate Decision is a pivotal event in global financial markets, representing the central bank’s determination of the target range for the federal funds rate. This rate influences the cost of borrowing and lending throughout the economy, impacting various sectors, including consumer spending, business investment, and financial markets. The Fed typically … Continued
Beginner
Welcome to the captivating world of market analysis, where the ebb and flow of financial landscapes are deciphered through the lens of visionaries. In this article we dig into the brilliance of minds who revolutionised the way we understand market trends. From Charles Dow’s foundational theories to Ralph Nelson Elliott’s intricate Wave Principle, these pioneers … Continued
Intermediate
In the ever-evolving landscape of financial markets, corporate earnings releases stand as pivotal moments, offering investors and analysts a lens into the financial health and strategic trajectories of major companies. Today, we continue to cover the ongoing US Earnings releases, having given a preview on 23rd January releases. This article will delve into the anticipated … Continued
Beginner
What is a Fed Blackout Period The Federal Reserve, as the central banking system of the United States, plays a crucial role in shaping monetary policy and influencing economic conditions. The Fed’s communication is closely monitored by financial markets, and one notable aspect of this communication strategy is the “Fed blackout period.” A Fed blackout … Continued
Intermediate
Published
January 17, 2024
by: Luke Miley
Updated February 14th, 2024
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What are US Retail Sales US Retail Sales data releases are economic indicators that measure the total receipts of retail stores, providing a comprehensive snapshot of consumer spending on goods. These releases encompass a wide range of retail categories, including clothing, electronics, groceries, and other consumer products. The data is collected and reported by the … Continued
Intermediate
Friday signalled a pivotal juncture with the kick off of the US Earnings Season, as notable companies disclosed their performance metrics. Investors, analysts, and market enthusiasts carefully analysed the data to inform their trading decisions and try to trade the news. This examination zeroes in on the releases from financial corporations that initiated the Q4 … Continued
Intermediate
What is the US CPI? The US Consumer Price Index (CPI) tracks the average change in prices paid by urban consumers for a variety of goods and services. It’s a dynamic basket that includes your morning coffee, the rent for your urban sanctuary, the cost of a new gadget, and even the indulgence of a … Continued
Intermediate
Fed Minutes Recap: Uncertainty and Soft Landing Caution The recently released Fed minutes from the Dec. 12-13 meeting reveal a nuanced landscape of uncertainty among policymakers. Some express concerns about prolonged high rates, fearing a sudden job market downturn, while others advocate for a steady target rate. Richmond Fed President Tom Barkin, set to join … Continued
Beginner
Published
February 10, 2023
by: Luke Miley
Updated December 8th, 2023
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Drops in the stock market are significant, not only to us as traders looking to avoid losses or short stocks, but also to the market as a whole. These drops usually occur due to a large negative piece of news or situations that causes investors to act out fear, changing the financial outlook of the … Continued
Beginner
Why the explosion in the valuation of sports teams? Sports are widely popular, attracting billions globally as both entertainment and social events. Teams’ values have risen rapidly in recent decades, with the world’s top 50 being worth 30% more than the previous year, the largest increase in the last five years. This growth is fueled … Continued
Beginner
Published
November 9, 2022
by: Luke Miley
Updated December 21st, 2022
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The world’s largest companies greatly affect global markets. It is therefore imperative as a trader to have an understanding of these companies and how they operate. These companies are also among the most traded, so having a solid knowledge of them is important in order to invest and trade effectively. How do we calculate the … Continued
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Published
April 18, 2020
by: Luke Miley
Updated November 6th, 2024
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Financial markets have always been dramatic, full of fear and greed, disaster and redemption, tragedy and comedy, creativity and stupidity! And this makes for great cinema and has attracted Hollywood over the years. Many movies portray the individual the market participants, the traders, in a somewhat negative way, the villains of the film, with incredible … Continued