LONDON, Jan 9 (Reuters) – The UK’s top share index climbed to a new record closing level on Tuesday as Morrisons led a buoyant retail sector on the back of a well-received Christmas trading update. Britain’s blue chip FTSE 100 index ended up 0.45 percent at 7,731 points. Shares in Morrisons were …
The FTSE 100 firm saw its share price jump 40% in 2017 thanks to a slew of positive trading updates from across the homebuilding sector. Indeed, Barratt itself noted in November that it had experienced a “strong start to the year supported by a positive market backdrop,” and I expect the business to …
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Journalist Toby Young lost out on an important job over outspoken twitter comments; could that happen to you?
(ShareCast News) – Supermarket shares were the toast of the FTSE 100 as new figures showed they notched up the busiest shopping day ever recorded on the Friday before Christmas, selling 1bn more groceries than the year before. In the 12 weeks to 31 De…
The news also buoyed rival FTSE 100 retailers. Marks and Spencer (MKS) rose 2.4% to 318.3p, Next (NXT) was up 1.8% at £50.20 and Sainsbury’s (SBRY) rose 3.1% to 248.4p. On the FTSE 250, Just (JUSTJ) was the biggest faller, down 7.5% at 155.2p as private equity group Permira sold a £78.5 …
Update: A rally in retail stocks has helped push the FTSE 100 towards another record closing high, as investors were buoyed by a positive update from supermarket chain Morrisons (MRW). The UK blue-chip index closed 35 points, or 0.5%, higher at 7,731, …
Brexit Secretary David Davis fears EU contingency plans risk damaging UK interests, reports suggest.
GoPro shares moved sharply lower after the company cut its revenue forecasts, but traders are watching these key levels.
USD/JPY stands at risk of threatening the range-bound price action from December should a growing number of Fed officials adopt a cautious outlook for the U.S. economy.
As the FTSE 100 continues to set new records and investors eye an attack on the 8,000 milestone, some will look to the ‘January effect’ for a guide to the index’s progress this year. The UK blue-chip index has kicked off the year in a similar vein to its start to 2017. This time last year, the index was in the …
(ShareCast News) – Shares in UK supermarkets celebrated as figures showed they had a very merry Christmas, notching up the busiest shopping day ever recorded on the Friday before Christmas selling 1bn more groceries than the year before. In the 12 wee…
Fixes for the Meltdown and Spectre flaw are temporarily halted by Microsoft after AMD machines freeze.
JOLTS: Job Openings At 6-Month Low As Companies Have Been Hiring
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In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the January 9th session. Bitcoin/USD — As you can see, bitcoin has fallen a little bit during the trading session on Monday reaching towards $14,000. We have got back some of those losses, We have a bullish flag on the daily chart. If we can break above the top of this flag, in theory, this measure for a target of $30,000. Otherwise, we […]
Byron could close up to 20 restaurants and cut rent payments as part of a restructuring.
The European trading assets remain under pressure of the US currency. First of all, let’s analyze the movement of the British pound against the US dollar. The GBP/USD pair lost about 0.6%, dropping from 1.3580 to 1.3520. The British national currency is trading under pressure after UK Prime Minister Theresa May announced plans to reshuffle the British government. Ahead of the publication of statistical data, traders focus on political events. The UK scheduled […]
Cryptocurrency prices and market capitalization was hurt on Monday after news that South Korean regulators were probing six retail banks that were providing virtual accounts to virtual currency exchanges. The consequent move by leading cryptomarket da…
Bullish chart patterns on key base metal ETFs suggest that long-term uptrends are likely to continue in 2018.
Today, the euro continues falling against the US dollar despite strong macroeconomic reports, The German Federal Statistical Office released the industrial production report for November. It showed a rise in the output of 3.4% versus the previous decrease of 1.2%. Analysts expected the production to expand at a slower pace of 1.9%. Moreover, the production growth accelerated to the 8-year high. Besides, the foreign trade statistics were also upbeat. The trade surplus rose to 22 billion 300 […]
On Monday, oil quotes were holding at highs backed by the Friday report from Baker Hughes. According to the official data, the number of operating oil rigs in the US dropped by 5 to 742 units. The WTI Crude Benchmark was at $61.70 per barrel at the end of the trading day. It is worth noting that worries over the global oil glut persist because of rising crude production in the United States. However, analysts keep in mind […]
Virgin says the move comes after customer feedback, but a Daily Mail spokesman called it “disgraceful”.
Wal-Mart shares hit the triple digits after rallying out of an ascending triangle and could add to gains in the coming weeks.
The jet-maker has signed a new deal during French President Emmanuel Macron’s state visit.
US stocks were mixed after the close on Monday, as gains in the Utilities, Oil & Gas, and Industrials sectors led shares higher, while losses in the Healthcare, Basic Materials, and Financials sectors led shares lower. The Dow Jones fell by 0.05%, the S&P 500 rose by 0.17%, and the NASDAQ added 0.29% to its value. The US dollar traded higher against a basket of major currencies on Monday, helped by a pullback in the euro.Gold fell on Monday, closing […]
JP Morgan Chase Chairman and CEO Jamie Dimon has backtracked on his earlier comment that Bitcoin is a fraud.
During a banking conference in Saudi Arabia in September, Dimon had caused a stir when he called Bitcoin a fraud and said he would fire any J…
The U.S. Dollar has shown persistent strength over the past couple of trading days, and with US CPI and Retail Sales on the docket for this Friday, interest will likely continue to revolve around the Greenback.
Top FTSE 100 housebuilder Persimmon (LSE: PSN) released a trading update this morning in which it said it continued to experience healthy customer demand for new homes through the autumn sales season. It advised: “We anticipate our pre-tax profits for the year will be modestly ahead of market …
The pan-European STOXX 600 index, eurozone blue chips, Switzerland’s blue-chip SMI index and Britain’s FTSE 100 all performed exceptionally well. “There is little impediment for continued gains whilst economic conditions that we’ve seen over the last few months continue, and there’s every reason to …
At 8:15 am ET Tuesday, Canada mortgage and housing Corp. has released Canada housing starts for December. Following the data, the loonie changed little against its major rivals.
The loonie was trading at 1.2430 against the greenback, 90.55 against th…
