In Europe, Germany’s DAX fell 0.1 percent to 13,196 while Britain’s FTSE 100 rose 0.2 percent to 7,777. The dollar stayed in the doldrums after US wholesale prices dipped in December from November, reinforcing investors’ expectations that inflation will remain low. “The language pertaining to various …
Financial markets are chasing nascent monetary policy turns outside the US. Rate hike prospects in Canada, Australia and the UK take top billing in the week ahead.
Gold prices have rallied more than 7% off the December lows with the immediate advance now eyeing initial resistance. Here are the updated targets & invalidation levels that matter.
KEEPING SCORE: Britain’s FTSE 100 rose 0.2 percent to 7,761 and France’s CAC 40 was up 0.1 percent at 5,507. The Australian dollar bounced overnight and extended its gains to US0.6¢ at US78.70¢ after domestic retail sales rose 1.2 per cent in November, triple forecasts, following the launch of the …
The second week of the year brought more gains out of the U.S. and U.K.; the DAX struggled, can that change in the week ahead?
Crude may continue to exhibit a bullish behavior over the coming days as OPEC and its allies see oil prices holding above the $60/bbl threshold.
Key Chinese economic gauges have the Yuan at risk from home next week; at the same time, Chinese regulator’s view on the currency will continue to play a role.
Australian Dollar bulls already have cause for celebration, especially when it comes to AUD/USD. However, this week could offer them even more, assuming the numbers don’t disappoint.
The British Pound continues to push higher against a range of currencies but GBP bulls should take heed of next week’s UK inflation data, especially if consumer prices refuse to come down.
The US Dollar is at the mercy of changes in external monetary policy trends, with investors eager to capitalize when other central banks follow the Fed’s lead.
This afternoon, the pound partied hard after reports regarding good news for the negotiators of Brexit – as the FTSE 100 closed the week by breaking yet another record. Sterling started the evening over one percent higher against the dollar, while it had a 0.2 percent increase against the euro as reports …
The FTSE 100 of course has been bullish over the last several weeks, being very explosive and breaking above the vital 7600 level. I believe that the market will ultimately find reason enough to go long, and that short-term dips will continue to be buy…
The FTSE 100 briefly fell into negative territory and touched its session low before rebounding and closing higher. Two-year gilt yields rose more than 5 basis points on the day to peak at 0.615 percent, their highest level since January 4, 2016. Five-…
The FTSE 100 went back and forth during the course of the week, showing signs of volatility yet again. The uptrend line continues to hold support underneath, and I think that given enough time buyers will return to pick up value on these dips. Given en…
“In a statement, the FTSE 100-listed group said that on 8 January 2018 it received “a preliminary and unsolicited” takeover proposal” from Melrose Industries PLC (LON:MRS) at a price of 405p per share, comprising 80% in new Melrose shares and 20% in cash. Shares in GKN, which makes wing tips for …
John Cronin and his father, Mark, explain how they’ve grown their colourful socks business.
Also on the rise in the FTSE 100 was Mondi, the packaging and paper company, which rose 21½p to £19.23½, after an upgraded recommendation from Investec. Smiths Group was 84½p higher at £16.52 after the medical devices maker noted that new American tax rules would be “favourable over the …
A surging pound often has been accompanied by a fall in the FTSE 100, which is sensitive to currency moves because many of its constituents earn in dollars, but it held on to gains this time and ended 0.2 per cent higher at 7,778.64. London’s premier index has now risen by almost 100 points since the …
An opportunistic takeover bid for GKN has smoked out plans for one of the biggest demergers in British industrial history. Shares in the engineering group soared to a ten-year high after it said that it would accelerate plans to split its automotive business, which has annual revenues of £4.2 billion, from its …
With the stock market starting this year in similar fashion to the way it finished the last — chalking up record highs — it may seem greedy for investors to be casting covetous eyes at the Continent. Yet there is a good reason for them to do just that. Although the FTSE 100 ended 2017 at up by 7.6 per cent …
It was a case of another week, another record high for the UK stock market, as shares continued their steady upward rise that began at the start of December. The week didn’t start well, however, as investors digested a string of weak results. Micro Focus, the technology company, reported disappointing …
Fraud worries persist as the new Open Banking system promises to change the way we manage our money.
We review which UK Equity Income indices offer high correlation to the FTSE 100 (for consistency purposes); and which offer low correlation (for diversification purposes). The good news is that similarity or difference of a desired equity income exposu…
The Royal Society of Arts (RSA) says workers across all income bands are worried about falling real pay.
After falling sharply early in the session, treasuries regained some ground over the course of the trading day on Friday but still close modestly lower.
Bond prices finished the day in negative territory but well off their worst levels. As a result, …
The dollar is losing ground against all of its major rivals Friday afternoon. The losses are more pronounced in comparison to its major European rivals after the developments of the last few days.
The Euro rallied to a 3-year high against the dollar…
Crude oil futures rose Friday, ending the week at the highest level in more than three years.
Prices have surged due to a weak U.S. dollar, falling oil inventories, and OPEC’s supply quota deal with Russia. Political upheaval in Iran also helped oil…
Below is a weekly summary of our research findings for 1/8/18 through 1/12/18. These summaries give you a quick snapshot of our content the past week so that you can quickly decide what’s relevant to your investing needs. Subscribers: To receive these weekly digests via email, click here to sign up for our mailing list. More
Gold futures continued to rise Friday, extending strong weekly gains after tame U.S. inflation data.
The Federal Reserve is widely expected to keep interest rates on hold in the first quarter due to stubbornly low inflation.
In fact, today, New York…
The FTSE 100 gained 0.2% to 7,778.64 points yesterday. Text Size: A A A. AFP/London. The European single currency surged yesterday to a three-year peak against the dollar as German Chancellor Angela Merkel moved closer to a new coalition government, de…
