June 2024 – Investor Update
CEO Confidential June was a month filled with positivity across all aspects. We are delighted to report another profitable month, closing with a 7.2% gain.
CEO Confidential June was a month filled with positivity across all aspects. We are delighted to report another profitable month, closing with a 7.2% gain.
CEO Confidential May saw more of a focus on family than work for me, as I spent ten days in Palma, Majorca. However, during this
CEO Confidential This month’s article isn’t about trading, money, or investment; it’s more of a philosophical piece, something I wanted to share. This article
Contents 1 – CEO Confidential – Monthly views from your CEO2 – Final figures – Overview of this month’s performance3 – Trader’s Journal – Trading
Contents 1 – CEO Confidential – Monthly views from your CEO2 – Final figures – Overview of this month’s performance3 – Inside The Engine Room
In this comprehensive update, we’re going to explore an in-depth analysis of the activities from January, looking forward to what 2024 holds and what it
Greetings and best wishes for the New Year! We trust you all enjoyed a delightful holiday season filled with joy and celebration. As we step
Join us at for our Christmas Address, a special message of gratitude and celebration for our investors. In this brief video, we reflect on the
In November, the U.S. labor market demonstrated notable strength, with the addition of 199,000 jobs, a significant increase from the 150,000 jobs added in October.
In the face of global economic uncertainty, Malaysia’s economy has demonstrated remarkable resilience, as evidenced by its accelerated growth in the third quarter. The nation’s
The Bank of Japan (BoJ) has recently signaled a potential shift in its monetary policy stance, as indicated by the minutes from its October meeting.
October has indeed been one of complexities and unexpected turns, largely influenced by the unfolding events surrounding the Israel conflict. Navigating such uncertain waters required
In October, Germany’s inflation, as tracked by the Consumer Price Index (CPI), noted a downturn, settling at 3.8% year-on-year. This figure marked a decrease from
We are pleased to announce the official launch of the much anticipated Novus Black App, an exclusive platform tailored for our esteemed investors. Key Features
As geopolitical unrest deepens in the Israel-Palestine region, gold prices exhibit potential for continued growth. Concurrently, the US Dollar remains stable, notwithstanding the robust US
Gold price (XAU/USD) faces some selling pressure as the Inflation report for September remained majorly in line with estimates. The monthly core Consumer Price Index (CPI) that
September closed on a 6.9% profit, which is an excellent result given the small losses we had to take and the unpredictability of the market
The British pound found some respite this Friday morning from both the US dollar and the local UK GDP release (see economic calendar below). UK GDP beat estimates on the headline
The Bank of England (BoE) announced that it left the policy rate unchanged at 5.25% following the September policy meeting. Markets were expecting the BoE
The British pound looks to enter the European trading session on the backfoot after UK GDP (see economic calendar below) missed on both 3-month average and YoY figures respectively.
The Pound Sterling (GBP) cracked significantly amid increasing risk-aversion and dovish remarks from Bank of England (BoE) Governor Andrew Bailey and policymaker Swati Dhingra about September’s monetary
Asian stocks look set for a positive open, with Nikkei +0.32%, ASX +0.71% and KOSPI +0.19% at the time of writing. The Nasdaq Golden Dragon China Index was up 3.2% last
The Japanese Yen might be showing early warning signs that the currency might be getting ready to reverse against the US Dollar. Over the past
The dollar fell from a two-month high on Monday following five straight weeks of gains, as risk sentiment improved in Europe, with attention already turning
LONDON (Reuters) -Sterling rose on Tuesday after data showed British basic wages grew at a record pace in the second quarter, adding to the Bank
Most Asian currencies fell on Friday amid persistent fears of an economic slowdown in China, while the dollar firmed after data showed that U.S. consumer
We are approaching our 24th month of trading, and over the last two years, I hope we have proved that we can make excellent profits
The U.S. dollar, measured by the DXY index, climbed on Tuesday, marking its fourth consecutive trading session of gains and reaching its best levels since
The U.S. dollar took a turn to the downside on Wednesday following the July FOMC announcement. Although the Fed raised interest rates by 25 basis points to 5.25%-5.50%, it
Watch our latest corporate overview where you can meet the team, understand more about the Novus Black structure, and learn more about your investment.
The British pound slipped after the UK CPI report (see economic calendar below) missed estimates on both headline and core inflation respectively falling from 30-year highs. The key focus was the
Going into the third quarter, the macro environment for financial markets is characterized by several central banks potentially nearing the peak in the tightening cycle.
At the June meeting, some Federal Reserve policymakers suggested they would have supported raising interest rates, despite the decision to leave them unchanged. According to
We have again closed another profitable month and are pleased to announce a final figure of 7% profit, which, as I am sure you will
ORLANDO, Florida, June 28 (Reuters) – Japan and China may be signaling that they want their currencies to stop weakening too much, but the reality
The ruble weakened as much as 3% against dollar on Monday, the most this year, after a mutiny by mercenary commander Yevgeny Prigozhin, whose brief
Global stock indexes fell on Wednesday as Federal Reserve Chair Jerome Powell said the fight to lower inflation still has a “long way” to go,
So far, June is playing out well. We are steadily increasing profits due to the new FX strategies and being patient when it comes to
EUR/USD is trading on the defensive below 1.0950 on Monday. The pair is weighed down by the US Dollar recovery and risk aversion, as investors digest US-Sino
The US Dollar (USD) almost pairs back all of its incurred losses at the start of the US trading session, as traders brace for a
Firstly, let me thank you for your ongoing support with Novus Black as we complete our 21st month of trading. It’s safe to say that
In a relatively light week regarding UK macro data, the British pound could be at the mercy of some of its peers. After a spectacular run of
U.S. stock futures were lower Wednesday after data signaling a slowing Chinese economy sparked risk-off trading across markets. How are stock-index futures trading On Tuesday,
The US Dollar (USD) is showing a very mixed picture this Monday with two clearly defined regions explaining why the US Dollar Index (DXY) is
GBP/USD has printed a fresh weekly high at 1.2653 in the early European session. The Cable has shown a stellar rally and is expected to
I am pleased to announce that our 20th month of trading was another month of profit, ending at 5.1%. April was a good month for
Novus Black Fund UK LTD is a UK limited company with the company number, 14091422, and registered address, Suite 3, Park House, Lancaster Way Earls Colne Business Pk Airfield, Colchester CO6 2NS
Novus Black Fund UK Ltd is managed by MCI Global Investment Advisors Limited, an FCA Regulated AIFM with FRN: 948996
Investments into this fund will not have any protection from the Financial Services Compensation Scheme. Do not invest unless you’re prepared to lose all the money you invest.
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On 27 November 2024, Novus Black Fund UK Limited (the Company) was placed into liquidation. Simon Jagger and Cameron Gunn of Evelyn Partners LLP were appointed Joint Liquidators of the Company.
Should you have any queries regarding the liquidation, please email: