Pound tumbles as Brexit jitters and strong US inflation data take their toll

The weaker pound failed to boost the FTSE 100, which tends to benefit when foreign currencies are stronger. London’s blue chip index ended the day up just 0.08% or 5.99 points at 7,671.55. However, it fared better than European peers including the French Cac 40 and German Dax which ended the …

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The most popular shares in January… so far

Brent breaching $70 a barrel for the first time since 2014 put wind in the sails of both BP and Shell, which combined, make up 13% of the FTSE 100 index. But it hasn’t all been plain sailing. There’s been a steady sprinkling of profit warnings, including from two of the companies we profile below.

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Bumper year for the big ticket “Dogs of the Footsie”

You can read all about the origins of the “Dogs of the Dow” and the tweaks Stockpot made to adapt it to the FTSE 100 in the links below, but – long story short – it is a system whereby once a year a sweep is done of the FTSE 100 to find the 10 highest yielding stocks, whereupon an equal amount of …

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LONDON MARKET CLOSE: Miners And Packaging Firms Help FTSE 100 Climb

LONDON MARKET CLOSE: Miners And Packaging Firms Help FTSE 100 Climb … LONDON (Alliance News) -It was a largely positive start to the week for stocks in London on Monday, with the FTSE 100 supported by miners and … The FTSE 100 index closed up 0.1%,…

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Forex Liquidity

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Who are Forex Brokers?

All right, so you are now in the Forex world. You want to be a forex trader and make money. You will need a broker. Let’s say that you want to buy an apple. So, you go to the street market. The apple is what you want to buy. The street market is the place where you can do this, because that is where there are people selling apples. […]

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RELX strengthens position in fast-growing digital risks sector

The company, the 19th biggest in the FTSE 100, is paying £580m for ThreatMetrix, based in San Jose, California, which is a leading player in the “risk-based authentication” sector. In other words, it has created a database that helps its customers – such as financial institutions, retailers and media outlets …

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Celgene Stock May Reward Bottom Fishers

Celgene stock hit the most oversold technical reading in 16 years and could post double-digit percentage returns in coming months.

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Celgene Stock May Reward Bottom Fishers

Celgene stock hit the most oversold technical reading in 16 years and could post double-digit percentage returns in coming months.

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FTSE 100 movers: Miners shine; GKN lower on pensions row

(ShareCast News) – A strengthening of the dollar and higher copper prices boosted mining stocks and kept the FTSE 100 in the green on Monday. A weaker pound tends to underpin the top-flight index as around 70% of its constituents derive most of their e…

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U.S. Personal Income Climbs 0.4% In December, More Than Expected

Personal income in the U.S. rose by slightly more than expected in the month of December, according to a report released by the Commerce Department on Monday, while personal spending increased in line with estimates.

The Commerce Department said pers…

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Pound Falls On U.K. Political Worries

The pound slipped against its major counterparts in the European session on Monday amid U.K. political worries, as media reports showed that the PM Theresa May is facing growing pressure from the ruling Conservative party to give clear direction on Br…

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U.S. Personal Income Climbs More Than Expected In December

Personal income in the U.S. rose by slightly more than expected in the month of December, according to a report released by the Commerce Department on Monday, while personal spending increased in line with estimates.

The Commerce Department said pers…

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European Assets Trading Under Pressure

The gradual recovery of the US dollar affects the European trading session. The forex market is also under the influence of the absence of any important macroeconomic events. Today, traders are waiting for the Fed meeting aimed at determining the further monetary policy. At the same time, a week earlier the ECB assured the market participants that its monetary policy will remain unchanged. The EUR/USD pair has fallen more than 1% and today is trading […]

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Dollar Little Changed After Personal Income & Outlays

The Commerce Department’s Personal Income and Outlays for December have been issued at 8.30 am ET Monday. The consensus for Personal Income is 0.3 percent, unchanged from last month.

After the data, the greenback changed little against its major riva…

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No ex-divs on the FTSE 100 on Feb. 1

LONDON, Jan 29 (Reuters) – No FTSE 100 companies will go ex-dividend on Thursday, although several mid-caps will go ex-div, after which investors will no longer qualify for the latest dividend payout. Among FTSE 250 companies going ex-dividend are: COM…

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Dollar Mixed Ahead Of Personal Income & Outlays

The Commerce Department’s Personal Income and Outlays for December will be issued at 8.30 am ET Monday. The consensus for Personal Income is 0.3 percent, unchanged from last month.

Ahead of the data, the greenback traded mixed against its major rival…

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*Crude Oil Slips Below $66

Crude Oil Slips Below $66

The material has been provided by InstaForex Company – www.instaforex.com

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Gold Eases From Yearly Peak

Gold futures were lower Monday morning, trimming recent gains on a light day for economic news.

Gold was down $10 at $1346 an ounce, easing from last week’s yearly peak.

The dollar steadied versus major rivals, denting commodity prices this morning….

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FTSE flat and Petra Diamonds warn on profits

The FTSE 100 is just about in positive territory this morning, and it is being propped up by natural resources stocks, and companies like Glencore, Rio Tinto and Royal Dutch Shell are higher. Petra Diamonds shares has fallen 17.7% after the company iss…

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New easyJet boss takes salary cut as airline faces gender pay gap

She is one of only eight female chief executives of a FTSE 100 company, a number that increased with the appointment of Anne Stevens at engineering firm GKN earlier this month. The broadcaster is paying McCall a base salary of £900,000, £41,000 less than her predecessor Adam Crozier, and her …

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Prepare for dividend ‘hangover’ after 2017’s bonanza

Over the year, mid-cap company payouts grew ‘significantly’ faster than those for blue-chip shares, thanks to strong income performance from the house building, consumer goods, leisure, telecoms and property sectors. Link expects the FTSE 100 to lag mid-cap dividend growth this year ‘mainly because …

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