You are here: Home > articles > Shares > Sterling Jumps as Scotland Votes ‘No’, Alibaba to Start Trading, Larry Ellison Resigns as Oracle CEO
Sterling Jumps as Scotland Votes ‘No’, Alibaba to Start Trading, Larry Ellison Resigns as Oracle CEO
September 19, 2014 6:43 amVideo
Latest News
- Analysis of the GBP/USD pair on April 18, 2024 April 18, 2024
- Analysis for EUR/USD pair on April 18th. Dull ending to a dull week April 18, 2024
- USD/JPY: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- GBP/USD: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- EUR/USD: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- GBP/USD: trading plan for the US session on April 18th (analysis of morning deals) April 18, 2024
- Trading Signals for EUR/USD for April 18-20, 2024: buy above 1.0641 (21 SMA – 2/8 Murray) April 18, 2024
- Bitcoin slides ahead of halving event – Crypto News April 18, 2024
- Trading Signals for BITCOIN (BTC/USD) for April 18-20, 2024: buy above $62,500 or $63,037 (4/8 Murray – rebound) April 18, 2024
- GBP/USD. April 18th. Andrew Bailey did not clarify the situation on QE April 18, 2024
- Trading Signals for GOLD (XAU/USD) for April 18-20, 2024: buy above $2,375 (6/8 Murray – 21 SMA) April 18, 2024
- Technical Analysis – Netflix stock moves within narrow range ahead of earnings April 18, 2024
- Technical Analysis – GBPUSD tries to recoup some losses April 18, 2024
- USD/JPY in crisis April 18, 2024
- EUR/USD: trading plan for US session on April 18. EUR gets stuck at 1.0686 April 18, 2024
- Fed to keep policy tight for longer than markets view April 18, 2024
- Technical Analysis – BTCUSD drops to 6-week low as halving looms April 18, 2024
- Midweek Technical Look – EURUSD, US 500, WTI April 18, 2024
- Technical Analysis – AUDJPY pulls back but stays in uptrend April 18, 2024
- Forex forecast 04/18/2024: EUR/USD, USD/JPY, Oil and Bitcoin from Sebastian Seliga April 18, 2024
The results are in and it’s a ‘No’ from Scotland, as voters opted to stay part of the UK. The final result showed 55% for No, 45% for Yes. Markets strengthened in the wake of the news as investors breathed a sigh of relief; the break-up of the centuries old Union would have led to considerable shake-ups in many areas, not the least of which would have been finance. RBS has announced that due to the result it will be staying put in Edinburgh rather than moving its headquarters to London; RBS shares are currently up by around 3.5% and the FTSE as a whole is currently up by around 0.7%. Sterling strengthened across the board, with GBP currently up by around 0.28% against the Euro, 0.09% against USD and 0.53% against the Yen.
Moving across the Atlantic. Alibaba shares were priced at $68 yesterday, valuing the company at $170 billion, which would rank it as one of the largest public companies in the world. The stock will be making its debut on the NYSE later today – and if fully subscribed could see the Chinese e-commerce company raise at least $21.8 billion.
Meanwhile Larry Ellison, the founder of computer technology company Oracle and one of the wealthiest men in America, has resigned as CEO of the firm which he built. Mr Ellison will still be involved with the company, assuming the role of Executive Chairman. Oracle stock closed up by 1.00% yesterday but slipped by 1.81% in after-hours trading.
Related Posts: