Stocks Reach Record Highs On Optimism About Tax Reform – US Commentary

While the French CAC 40 Index edged down by 0.2%, the German DAX Index rose by 0.3% and the UK’s FTSE 100 Index climbed by 0.6%. In the bond market, treasuries saw modest weakness but closed well off their worst levels of the session. As a result, the yield on the benchmark ten-year note, …

Stock Trkr
Stocks Reach Record Highs On Optimism About Tax Reform – US Commentary

While the French CAC 40 Index edged down by 0.2 percent, the German DAX Index rose by 0.3 percent and the U.K.’s FTSE 100 Index climbed by 0.6 percent. In the bond market, treasuries saw modest weakness but closed well off their worst levels of the session. As a result, the yield on the benchmark …

Stock Trkr
Treasuries Close Modestly Lower But Well Off Worst Levels

After ending the previous session roughly flat, treasuries saw modest weakness during the trading day on Friday.

Bond prices climbed well off their worst levels in afternoon trading but still closed in negative territory. As a result, the yield on th…

Stock Trkr
Strong Wall Street lifts Europe stock markets

London’s benchmark FTSE 100 index nudged higher, as investors tracked an EU summit focussed on Britain’s departure from the European Union. Accendo Markets analyst Mike van Dulken attributed the rise in the FTSE to ‘weakness in the pound as we take a step closer to Brexit. EU leaders on Friday …

Stock Trkr
Strong Wall Street lifts Europe stock markets

London’s benchmark FTSE 100 index nudged higher, as investors tracked an EU summit focussed on Britain’s departure from the European Union. … In London, the FTSE 100 closed up 0.6% at 7,490.57 points; Paris — CAC 40 closed down 0.2% at 5,349.30 points and Frankfurt — DAX 30 ended up …

Stock Trkr
Dollar Rising On Tax Reform Optimism

The dollar is gaining ground against its major rivals Friday afternoon, despite a pair of weaker than expected U.S. economic reports. The gains are being driven by optimism over U.S. tax reform after some comments from President Trump this morning.

“…

Stock Trkr
Crude Oil Essentially Flat For The Week

Crude oil futures rose Friday, trimming modest weekly losses after a warning on the global oil glut.

The International Energy Agency warned that U.S. production would offset OPEC’s supply quota plan again in 2018.

“On considering the final component…

Stock Trkr
Weekly Summary of Research Findings: 12/11/17 – 12/15/17 [PREMIUM]

Below is a weekly summary of our research findings for 12/11/17 through 12/15/17. These summaries give you a quick snapshot of our content the past week so that you can quickly decide what’s relevant to your investing needs. Subscribers: To receive these weekly digests via email, click here to sign up for our mailing list. More

Stock Trkr
Gold Holds Weekly Gains

Gold futures were flat in quiet trading Friday, preserving weekly gains amid expectations the Federal Reserve will relent from further rate hikes early next year.

Gold bounced mid-week when the Fed maintained its projection for only three modest rate…

Stock Trkr
Mitie hits year low on property management hangover

Mitie hit its lowest in a year on Friday amid concerns about a hangover from the outsourcer’s failure to sell its property management business. Management’s decision to retain the maintenance division has left Mitie exposed to legal liabilities, as well as keeping net debt elevated in a weakening market, …

Stock Trkr
Pound slides on warnings of ‘tougher’ second phase to Brexit talks

The FTSE 100, meanwhile, ended the day up 0.57 per cent, or 42.45 points, at 7,490.57 while the French Cac 40 fell 0.15 per cent and the German Dax rose 0.27 per cent. In oil markets, Brent crude prices were flat at about $63.33 (£47.57) per barrel as forecasts for higher US output in 2018 worried …

Stock Trkr
US stocks move broadly higher in afternoon trading

Britain’s FTSE 100 rose 0.6 percent after European Union leaders said they would allow the Brexit talks to move on to the next stage, including trade. Earlier in Asia, Japan’s benchmark Nikkei 225 index dipped 0.6, while South Korea’s Kospi climbed 0.5 percent. Hong Kong’s Hang Seng shed 1.1 …

Stock Trkr
British stocks up 0.57 pct Friday

LONDON, Dec. 15 (Xinhua) — British stocks rose on Friday, with the benchmark FTSE 100 Index up by 0.57 percent, or 42.45 points, to close at 7,490.57 points. Sky, the Europe’s leading broadcasting and entertainment company, soared 2.83 percent, the top gainer of the blue chips. WPP and Mondi …

Stock Trkr
London close: Footsie gains as pound drops, Wall Street hits fresh highs

The top flight index recovered some ground on Friday, but mostly on account of weakness in Sterling after German Chancellor Angela Merkel reportedly echoed other European Union officials, saying “the most difficult phase is ahead of us”. The FTSE 100 ended up by 0.57% to 7,490.57, while the pound …

Stock Trkr
Ryanair and H&M lead European equities lower

Global equities painted a mixed picture on Friday, with Ireland’s benchmark index underperforming its European counterparts. The Irish stock exchange overall index closed down 0.52 per cent, while across the pond Britain’s major index climbed higher, reversing earlier losses thanks to a sliding pound …

Stock Trkr
Pound slides on warnings of ‘tougher’ second phase to Brexit talks

The FTSE 100, meanwhile, ended the day up 0.57%, or 42.45 points, at 7,490.57 while the French Cac 40 fell 0.15% and the German Dax rose 0.27%. In oil markets, Brent crude prices were flat at about 63.33 US dollars (£47.57) per barrel as forecasts for higher US output in 2018 worried investors who …

Stock Trkr
LONDON MARKET CLOSE: Brexit Warnings Sinks Pound, Unilever Sells Unit

The FTSE 100 index closed up 0.6%, or 42.45 points, at 7,490.57, ending the week.1.1% higher. … “The FTSE 100 has outperformed on the back of an afternoon slide in the pound after EU leaders stated that the second part of the talks was likely to be even harder than the phase just completed,” CMC …

Stock Trkr
FTSE seals weekly gain as pound dips

The FTSE 100 edged up 0.6 percent, closing the week up 1.2 percent, having hit its highest level in a month on Wednesday. It reversed earlier losses as the pound fell, delivering a boost to foreign-exposed companies. Sterling fell as the EU moved Brexi…

Stock Trkr
Pound tumbles on Brexit doubts but FTSE 100 edges higher

Pound tumbles on Brexit doubts but FTSE 100 edges higher. Share. Emma Haslett. I am City A.M.’s digital editor. Having previously worked at Property Week and M [..] Show more. Follow Emma. BELGIUM-EU-POLITICS-SUMMIT. The pound fell on negative comments ahead of a European Council …

Stock Trkr
UPDATE 1-Britain’s FTSE seals weekly gain as pound dips

LONDON, Dec 15 (Reuters) – Britain’s major stock index climbed on Friday at the end of a busy week of central bank meetings, reversing earlier losses thanks to a sliding pound and buoyant oil stocks. The FTSE 100 edged up 0.6 percent, closing the week up 1.2 percent, having hit its highest level in a …

Stock Trkr