Christmas cheer for retailers helps FTSE 100 to record high

The biggest risers on the FTSE 100 were Royal Bank of Scotland Group up 12.9p at 293.4p, HSBC Holdings up 29.2p at 795.5p, Prudential up 62.5p at 1,970.5p, and Standard Chartered up 25.9 at 818.7p. The biggest fallers were Taylor Wimpey down 8.7p to 20…

Stock Trkr
GBP/USD Monthly Range-Break Appears Imminent

The British Pound looks vulnerable as price carves the January opening range just below the 2017 highs. Here are the updated targets & invalidation levels that matter.

Stock Trkr
Bitcoin Forecast — January 10th 2018

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the January 10th session. Bitcoin/USD — As you can see, we pulled back a little bit, to form signs of support at the $14,000 to form a hammer. But I think it is only a matter of time before we either rally towards 17 or break down towards the $12,000 level. Basically, it depends on which side of the candle we break out. The easy money […]

Stock Trkr
LONDON MARKET CLOSE: Banks And Retailers Send FTSE 100 To Record High

“Once again the FTSE 100 shuffled rather than soared to its latest all-time high – yet, much like the Dow Jones at points during 2017, a new high is a new high, however slight the increase. [The] pound’s problems against the dollar and the euro, helped the FTSE on its way, as did the gains posted by …

Stock Trkr
EUROPE MARKETS: DAX Drops 0.8% As European Stock Rally Pauses

European stocks fell Wednesday, following a five-day rally that pushed the market to its highest level in more than two years. Bucking the trend, shares of banks tracked a rise in U.S. bond yields. What are markets doing: The Stoxx Europe 600 index end…

Stock Trkr
UPDATE 1-Britain’s FTSE seals new record as banks rally

LONDON, Jan 10 (Reuters) – A rise in banks and oil stocks boosted the UK’s top share index to a fresh record on Wednesday as climbing bond yields supported financials across Europe. Britain’s blue chip FTSE 100 index was up 0.2 percent at 7,748.51 points, a new closing record and outperforming …

Stock Trkr
Unwelcome extra

Business will no longer be able to charge customers for paying by card, so what does this mean for prices?

Stock Trkr
Card surcharges: Is this finally the end?

Charging extra to anyone using a credit or debit card will be banned in the UK from Saturday, 13 January. This will mean an end to the extra cost added on at the end of the process of buying something online, such as a flight ticket, or being hit with …

Stock Trkr
FTSE steady as Wall Street sinks

The FTSE 100 is still ten points higher as the close looms, even as US markets take a brief dip into the red. Yield-tantrum returns; S&P 500 still healthy ahead of earnings season; Taylor Wimpey drop no cause for concern. Like a ghost from the past…

Stock Trkr
Taylor Wimpey plc’s 7% yield is too hot to ignore

6,223% return. Taylor Wimpey (LSE: TW) has got to be one of my favourites. Since the latter part of 2008, this FTSE 100 housebuilder has seen the value of its shares rocket from just 3.34p per share to recent highs of 211.2p. No need to reach for the calculator, I’ll tell you that’s an increase of 6,223%.

Stock Trkr
Popular funds that failed in 2017 – and why you shouldn’t sell them (yet)

These stocks surged at the end of 2016, and helped the £1.1bn Schroder Recovery fund return 31pc – a whopping 20pc more than the FTSE 100 index. However, last year’s performance was lacklustre and it was a bottom performer among its peers, returning 7.5pc compared to 13.8pc for its peer group.

Stock Trkr
FTSE 100 movers: Banks on the up but Taylor Wimpey drops after update

(ShareCast News) – London’s FTSE 100 was up 0.1% to 7,741.79 in afternoon trade on Wednesday, with banks leading the advance. Banks were the standout gainers, with RBS up on the back of an upgrade to ‘overweight’ at Morgan Stanley. Meanwhile, Standard Chartered was lifted by an upgrade to …

Stock Trkr
Bond sell-off boosts bank stocks

… before the financial crisis, as investors grow increasingly confident that the era of ultra-low interest rates is approaching its end. Royal Bank of Scotland, Standard Chartered and HSBC were the three largest risers on the FTSE 100 index, climbing…

Stock Trkr
GBP Gathers Momentum Against USD

Today, the British pound has managed to gain momentum against the greenback. The rally was triggered by upbeat economic reports from the United Kingdom. According to official reports, the UK industrial production rose by 0.4% in November after increasing by 0.2% in the previous month. This result came in line with expectations. In annual terms the output growth slowed down to 2.5% from 4.3%. However, the pace of expansion exceeded expectations as analysts predicted a rise […]

Stock Trkr
Oil Hits 4-Year High

Today, oil is trading at 4-year highs amid the impact of the OPEC deal. Brent Crude Oil broke through the level of $69 per barrel. Experts note that the agreement to limit oil production in major oil producing states is supporting crude prices. In addition, some experts forecast a possible default of Venezuela. A significant decrease in oil supply from this country is expected due to lack of financial resources. Light […]

Stock Trkr