Market News

Cryptocurrencies like bitcoin are at some of their lowest prices in weeks. Why?

General Electric shares have declined sharply over the past few days as the market questions the potential breakup value.

Argentina is set to resume honey exports to Brazil for the first time in ten years, after addressing issues with a health certificate demanded by the Brazilian government for apicultural products.

“This measure is of special importance for our countr…

The near-term rally in AUD/USD may gather pace should Australia’s employment report put pressure on the RBA to lift the cash rate off of the record-low.

Crude oil futures rose Wednesday, staying near recent 4-year highs ahead of U.S. inventories data.

The American Petroleum Institute is out with its weekly inventories report this afternoon, a day late due to MLK holiday. The government releases its w…

If you think you’re missing out on the bitcoin buzz, you’re not.

The total financing in the Argentinean capital market amounted to 47,105 billion pesos (US$ 2,504.25 billion), more than four times higher than the observed in the same month of the previous year, reported the country’s Securities and Exchange Commiss…

The payment is expected to be the largest of its type following US tax code changes.

Argentinean oil company Pampa Energ?a agreed with Vista Oil & Gas S.A.B. the sale of its direct interests of 58.88% in Petrolera Entre Lomas S.A. (Pelsa), 3.85% in the Entre Lomas, Bajada del Palo and Agua Amarga areas in Neuqu?n and 100% in the M…

The dollar is turning in a mixed performance against its major rivals Wednesday afternoon. The buck is up slightly against the Euro and the Japanese Yen, but has dropped to over an 18-month low against the British pound.

The U.S. economy continue to …

The U.S. economy continue to expand at a “modest to moderate” pace in December and early January, according to the Federal Reserve’s Beige Book.

Respondents to the Fed’s survey were “optimistic” about 2018 after seeing that wages increased in most di…

Fed Beige Book: Optimism About 2018, Wages Rose In Most Districts

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Gold futures were higher for a fifth session in a row, marking their highest finish since early September.

Feb. gold climbed $2.10, or nearly 0.2%, to settle at $1,339.20/oz.

There was little movement for gold over the course of the session. Traders…

Disappointing earnings updates from Burberry and Pearson meant the wider market turned negative for a third consecutive session, with the FTSE 100 sliding 0.4 per cent, or 30.5 points, to 7,725.43. Imperial Brands lost 1.9 per cent to £30.73 after Japan Tobacco’s new chief executive played down …

Burberry fell into the red and dragged the FTSE 100 down with it, as investors reacted poorly to a drop in UK sales over the final quarter of 2017. The blue chip index closed lower by around 0.4 per cent or 30.5 points at 7,725.43 points, with Burberry…

The investment bank has experienced problems in its fixed income, currencies and commodities trading business.

European stock markets up from early lows, but DAX and FTSE 100 remain down compared to Tuesday’s close, after a cautious session in Asia, where the Nikkei closed with a loss of -0.35%. The Hang Seng staged a late recovery and managed to close up 0.25%, but traders are cautious as indices …

Bitcoin prices have plummeted nearly 50% off the record highs with the decline now eyeing initial support. Here are the updated targets & invalidation levels that matter.

The biggest risers on the FTSE 100 were Rolls-Royce Holdings up 46.6p at 900p, Mediclinic International up 18.8p at 619p, NMC Health up 50p at 3,152p, and Halma up 18p at 1,307p. The biggest fallers on the FTSE 100 were Burberry Group down 166p to 1,61…

Burberry fell into the red and dragged the FTSE 100 down with it, as investors reacted poorly to a drop in UK sales over the final quarter of 2017. … The biggest risers on the FTSE 100 were Rolls-Royce Holdings up 46.6p at 900p, Mediclinic Internatio…

“While US markets have managed to claw back some ground this afternoon,” IG Chief Market Analyst Chris Beauchamp said, “the FTSE 100 remains under pressure. Sentiment, already weak on a day of bad news for the likes of Burberry, has not been helped by a disappointing set of numbers from …

The blue chip FTSE 100 index ended the session 0.4 percent lower at 7,725.43 points, underperforming the broader European market. Within small market capitalisations, Interserve saw its shares tumble around 15 percent at the open then gradually recoup …

The ONS finds the gender pay gap increased from 40 onwards, peaking between 50 and 59.

EUR/USD stands at risk for a larger pullback as European Central Bank (ECB) officials turn their attention to the recent appreciation in the single-currency.

While US markets have managed to claw back some ground this afternoon, the FTSE 100 remains under pressure. Sentiment, already weak on a day of bad news for the likes of Burberry, has not been helped by a disappointing set of numbers from Goldman Sachs…

Fashion house Burberry (LSE: BRBY) issued a trading update this morning and its shares are down 7.6% at 1,650p, as I’m writing. This is the second big one-day fall for the FTSE 100 firm in recent months, the shares having crashed 10% on 9 November from an all-time closing high of 1,985p the …

Goldman Sachs, the benchmark for investment banking, is reasonably priced with a P/E ratio of 13.46 and a dividend yield of 1.16%.

The FTSE 100 was down 0.2% to 7,740.42, while the pound was up 0.4% against the euro at 1.1291 and flat versus the dollar at 1.3792. M&A was … The FTSE 100 engine maker said it was evaluating “strategic options” for the commercial marine unit and a reduction to three core units based around civil …

(ShareCast News) – London stocks were still in the red by midday on Wednesday, weighed down by disappointing updates from the likes of Burberry and Pearson, while Informa tumbled on news of a merger with UBM. The FTSE 100 was down 0.2% to 7,740.42, whi…

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the January 17th session. Bitcoin/USD — We have a bloodbath out there. Bitcoin has broken through $12,000 and considering the higher volume we have now and slicing through this level, it shows extraordinarily strong selling pressure. I suspect that retail traders are panicking at this point. If you have a small position in this market, you are […]