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January 10, 2018 9:50 am
UK Industrial Output Growth Improves In November

UK industrial production growth doubled in November, figures from the Office for National Statistics showed Wednesday.

Industrial output climbed 0.4 percent month-on-month, faster than the 0.2 percent increase seen in October. The rate came in line w…

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January 10, 2018 9:45 am
Levels to watch: FTSE, DAX and S&P 500

A new record high for FTSE 100 was posted early in the session, and with momentum so strong we have to look to lower time frames for potential entries. The 50-hour simple moving average (SMA), of 7718, has provided support over the past two days, so th…

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January 10, 2018 9:45 am
FTSE 100 tiptoes around record as banks rise

UK blue-chip stocks clung close to record highs Wednesday, as financial shares rose while those of home builders lost ground, before a raft of British economic data were released, MarketWatch reports. What the market is doing: The FTSE 100 index was up…

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January 10, 2018 9:33 am
Pound Rises After U.K. Industrial Output, Trade Data

Following the release of UK industrial and construction output as well as visible trade data at 4.30 am ET Wednesday, the pound rose against its major rivals.

The pound was trading at 1.3519 against the greenback, 151.09 against the yen, 0.8836 again…

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January 10, 2018 9:26 am
Pound Mixed Ahead Of U.K. Industrial Output, Trade Data

At 4.30 am ET Wednesday, the Office for National Statistics is slated to publish UK industrial and construction output as well as visible trade data. UK industrial output is forecast to grow 0.4 percent on month in November after staying flat in Octob…

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January 10, 2018 9:22 am
FTSE 100: Still Waiting For 7750

The FTSE 100 bulls managed to push slightly above the 7728 resistance yesterday but couldn’t make it stick, dropping back from 7733, and the S&P dropped from the 2759 level after making a new high. The ASX200 session Wednesday also saw a drop and a break below S3 in what has been the first …

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January 10, 2018 9:15 am
SIF Portfolio: McBride slides but super stock Keller Group shows promise

My SIF screen continues to provide slim pickings in this buoyant market. But one new qualifying stock has emerged this week.
Geotechnical specialist Keller Group is essentially a groundworks contractor. But the firm operates at the top end of this market, delivering large and complex projects in more than 40 countries.
Case studies from the firm’s website include £80m of work on Crossrail, providing support for historic London buildings under which new tunnels were being dug. Keller says that it was able to “control movements at the ground surface to within 1mm”, which sounds impressive. Other examples include providing foundations for power stations, oil refineries – and most recently for Australia’s tallest building.
I missed the chance to buy at under 900p last year, but Stockopedia’s never-sleeping algorithms have picked up on the improving performance of this company. Strong scores across the board have given the firm a StockRank of 98 and a StockRank style of Super Stock.
Keller also passes all 14 of my screening rules. So it’s time to decide whether I should add it to the SIF portfolio.
But before I do that, I’m going to take a quick look at this…

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January 10, 2018 9:11 am
FTSE 100 Little Changed Ahead Of Key Data

(RTTNews.com) – U.K. shares were little changed on Wednesday after the Quarterly Economic Survey published by the British Chambers of Commerce showed that the growth in the U.K. economy remained subdued at the end of 2017. The survey showed that almost…

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January 10, 2018 9:00 am
Companies struggle to find skilled workers

Good morning: Skills shortages are at critical levels and will restrain economic activity this year unless the issue is addressed, according to the latest quarterly survey of members by the British Chambers of Commerce. The survey reveals that recruitm…

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January 10, 2018 8:41 am
UK Economic Growth Remains Subdued In Q4: BCC

The growth in the UK economy remained subdued at the end of 2017, according to the Quarterly Economic Survey published by the British Chambers of Commerce.

The survey showed that almost all services indicators were below their pre-EU referendum level…

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January 10, 2018 8:22 am
France Industrial Production Falls As Expected In November

France’s industrial production decreased as expected in November, after rising in the previous two months, data from the statistical office Insee showed Wednesday.

Industrial production dropped 0.5 percent month-over-month in November, reversing a 1….

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January 10, 2018 8:07 am
Investors await key data for health check of UK economy – business live

Having hit a new closing high on Tuesday, the FTSE 100 has continued to make gains this morning, up about 10 points. Financial stocks and Sainsbury’s are among the biggest risers, as the leading index outperforms most of its major European peers. The latest scores across Europe this morning:.

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January 10, 2018 7:07 am
FTSE 100 watch: Index to pause after record highs

Investors are taking profits in high-flying hi-tech shares. But the earnings and economic outlook in Asia remains solid,” Yukino Yamada, senior strategist at Daiwa Securities, told Reuters. The FTSE 100 also rose to a record high yesterday, finding support in retailers, whose shares were in demand on the …

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