How cryptocurrency works? Explained Easy and Understandable for All

What if there is a technological advancement that transforms the very basic pillars of our society. A technology that fundamentally influences the way our economy and businesses function. That could change our conceptual understanding of trade ownership and trust. This technology already exists. It is called cryptocurrency. Bitcoin is not just virtual money, but a ground breaking technolgy for which money is merely one of the possible […]

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Crude Oil Pauses After 4-year Peak

Crude oil prices were flat Friday morning, unable to extend 4-year highs as the dollar steadied on hawkish comments from President Trump.

Traders are waiting for further signs that the global oil market has re-balanced.

OPEC ministers have vowed to …

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U.S. GDP Climbs Less Than Expected In Q4

A report released by the Commerce Department on Friday showed weaker than expected U.S. economic growth in the fourth quarter of 2017.

The report said real gross domestic product increased by 2.6 percent in the fourth quarter compared to the 3.2 perc…

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John McDonnell: I am at Davos to put the elite on notice that their time is up

It’s not working when real wages for most today are lower than they were a decade ago, while average FTSE 100 CEO pay rose to £5.4 million last year. It’s not working when here in London homelessness is at a record high, and rough sleeping has risen for the seventh year running, but property …

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U.S. Durable Goods Orders Jump More Than Expected In December

Partly reflecting another jump in orders for transportation equipment, the Commerce Department released a report on Friday showing a substantial increase in new orders for U.S. manufactured durable goods in the month of December.

The Commerce Departm…

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Bitcoin Forecast — January 26th 2018

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the January 26th session.

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Gold Rally Halted By Trump Remarks

Gold futures were lower Friday morning, trimming this week’s strong gains as the dollar steadied on comments from President Trump.

“Our country is becoming so economically strong again – and strong in other ways, too, by the way – that the dollar is …

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Loonie Falls After Canada CPI

Statistics Canada has released Canada CPI data for December at 8:30 am ET Friday. After the data, the loonie dropped against its major rivals.

The loonie was trading at 88.63 against the yen, 0.9962 against the aussie, 1.5321 against the euro and 1.2…

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Dollar Ticks Down After U.S. GDP Data, Durable Goods Orders

Following the release of U.S. durable goods orders for December and gross domestic product for the fourth quarter at 8:30 am ET Friday, the greenback edged down against its major rivals.

The greenback was worth 109.25 against the yen, 0.9350 against …

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Loonie Mixed Ahead Of Canada CPI

Statistics Canada releases Canada CPI data for December at 8:30 am ET Friday. The CPI is expected to decline 0.3 percent on month, compared to a 0.3 percent rise in November.

Ahead of the data, the loonie traded mixed against its major rivals. While …

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Dollar Mixed Ahead Of U.S. GDP Data, Durable Goods Orders

At 8:30 am ET Friday, U.S. durable goods orders for December and gross domestic product for the fourth quarter are due. Ahead of these reports, the greenback traded mixed against its major rivals. While the greenback held steady against the franc, the…

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European Assets Stand up Against US Dollar

The US dollar failed to extend gains during the European session. The EUR/USD pair continues to advance. The speech of ECB President Mario Draghi at the press conference encouraged traders to buy the euro. Draghi did not mention the ECB monetary policy, but he noted the stable growth of the eurozone economy. Yesterday’s statements of Mario Draghi helped the US dollar to strengthen, but now the greenback is retreating from the reached highs. Market participants […]

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FTSE 100 movers: Just Eat a tasty stock; miners lacklustre

(ShareCast News) – Just Eat was the standout gainer on the FTSE 100 on Friday as RBC Capital Markets mulled over its M&A prospects. In a note in which it considered the most likely potential internet M&A scenarios, RBC said the company’s cash reserves and more sophisticated data analytics could …

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IFA beats IA in six-year structured product challenge

… Lowes Financial Management’s portfolio of structured products had risen by 81%, while the IA’s tracker fund of choice – the HSBC FTSE 100 Index Fund – had increased by 62%. The structured product portfolio comprised five investments from the Lowes’ “Recommended Product List”, as of June 2011.

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FTSE 100 watch: Footsie claws back losses amid slightly weaker sterling

The UK benchmark index has climbed higher in today’s session, recouping some of this week’s losses fuelled by a rise in sterling. Pharma stocks are also lending support to the FTSE 100, with AstraZeneca’s (LON:AZN) shares in demand on the back of upbeat results from a late-stage trial for chronic …

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Canadian Dollar Rises On Higher Oil Prices

The Canadian dollar advanced against its major counterparts in the European session on Friday, as oil prices rose in the wake of a weak dollar.

Crude for March delivery rose $0.16 to $65.67 per barrel.

The dollar fell despite U.S. President Donald T…

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LONDON MARKET MIDDAY: Stronger Dollar Helps FTSE 100 As Focus On Trump

LONDON (Alliance News) – A partial rebound by the dollar overnight was providing some relief for the FTSE 100 index on Friday at midday by way of a lower pound, while UK fourth-quarter gross domestic product came in above expectations. Market focus for…

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Combating sexual harassment

Business leaders on combating sexual harassment, gender discrimination and unfair pay.

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Takeover talk rouses LSE as Hohn insists fresh merger bid is on cards

The speculation sent the LSE Group near the top of the blue-chip leaderboard, up 73p at 4005p, while the FTSE 100 gained 19.30 points at 7634.99. Elsewhere on the index, giants Glaxo-SmithKline and AstraZeneca both put out drug updates. GlaxoSmithKline…

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FTSE 100: 7626 Support Today

The FTSE 100 decline continued yesterday, bouncing though at 7607, just above the 7598 support area after Donald Trump contradicted the Treasury secretary saying he preferred a strong dollar – which of course saw cable decline and cause the FTSE to jum…

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