Stocks in UK and Europe higher after strong day in Asia

Stocks in UK and Europe higher after strong day in Asia

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UK and European stocks are higher this morning following Asian markets higher. Over the weekend the UK government hit its target of 15 million people receiving their first vaccination by 15th February. Boris Johnson described it as an “extraordinary feat” and it puts the UK rollout ahead of other European countries.

Donald Trump was acquitted of incitement of insurrection. Senator Lindsay Graham said the Trump movement is alive and well”. The US stock-market is closed today.

The price of oil was up sharply overnight, extending last week’s gains and reaching its highest price in more than a year on increased tensions in the Middle East. Unconfirmed reports that an explosive drone headed for Saudi-Arabia was intercepted and destroyed led to the spike in price.

Disclaimer:  ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’

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