FTSE 100 Index Price Forecast December 4, 2017, Technical Analysis

The FTSE 100 went sideways during the trading session on Friday, as we continue to see a lot of volatility. I think personally that we are going to rally from here and go looking towards the 7400 level above. That is “fair value” of the overall consolidated area that the market has been trading in between …

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USD/CAD to Exhibit Bearish Behavior on Hawkish BoC

USD/CAD may exhibit a more bearish behavior over the remainder of the year should the Bank of Canada (BoC) show a greater willingness to further normalize policy in 2018.

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GBP Continued Upside On The Cards

The British Pound continues to push forward as commentary from Brexit negotiators points towards talks moving on to the second phase, including post-Brexit trade agreements.

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Dow opens above 24000 for first time

Germany’s DAX Index fell 0.3 percent, while France’s CAC 40 Index dropped 0.5 percent, and the UK’s FTSE 100 Index gave up 0.9 percent. Bucking the trend, shares of General Electric and those of Johnson & Johnson fell, recently down 0.9 percent and 0.3 percent respectively, for the only declining …

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FTSE Slips on Trump Impeachment Fears

The FTSE 100 slipped by 26 points on Friday, as fears surfaced that President Trump may be impeached. According to some news reports, former national security adviser Michael Flynn has promised that he will cooperate fully with the ongoing special coun…

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Centrica (CPYYY) Downgraded by Zacks Investment Research to “Sell”

Zacks Investment Research lowered shares of Centrica (OTCMKTS:CPYYY) from a hold rating to a sell rating in a report released on Thursday. According to Zacks, “Centrica is a top thirty FTSE100 company with growing energy businesses in the UK, North America and Europe. They secure and supply …

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Old magic can still work for investors

This week’s quarterly review of the FTSE 100 felt like a significant moment in the tussle between bricks and mortar businesses and the brave new world of digital. The demotions included Merlin Entertainments Group, the operator of Madame Tussauds and Legoland attractions, while heading the other …

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Sorrell adds £130m in WPP shares

The boss of WPP has received shares in the company worth about £130 million after exercising options from several award schemes. Sir Martin Sorrell, Britain’s best paid chief executive, who runs the world’s largest advertising and PR company, received 10.2 million shares from 11 schemes, but …

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Oaktree’s pruning lops off big chunk of share price

The FTSE 100 ended the week on a downbeat note, finishing the day 26.18 points, or 0.36 per cent, lower at 7,300.49. Leading the fallers was Associated British Foods, the owner of Primark, which slid 78p to £28.70 to take its losses for the past month to more than 12 per cent. Shares in the Royal Bank …

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Cheesy idea

Food businesses serving up cheesy dishes are thriving, but is the trend bad for our health?

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Berenberg Bank Initiates Coverage on Equiniti Group (EQN)

Equiniti Group logo Equities research analysts at Berenberg Bank assumed coverage on shares of Equiniti Group (LON:EQN) in a research note issued on Wednesday. The brokerage set a “buy” rating and a GBX 345 ($4.62) price target on the stock. Berenberg Bank’s target price suggests a potential …

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Global stocks weighed down by US tax uncertainty

The FTSE 100 index of leading British shares was 0.2 percent lower at 7,311. US stocks were poised for losses at the open too with Dow futures and the broader S&P 500 futures down 0.3 percent. US TAX CUTS: There’s some uncertainty in markets as to the progress of a big overhaul of the US tax …

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Stock Head South as Trader’s Focus on US Tax Vote

Markets seemed to stabilize during the Asian session and Nikkei and ASX managed to close higher, but Hang Seng and CSI 300 remained under pressure after a dip in China’s Caixin manufacturing PMI. In Europe investors shrugged off a good data round an index are broadly higher, with the FTSE 100 …

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Treasuries Close Notably Higher But Well Off Best Levels

After moving notably lower over the course of the three previous sessions, treasuries regained some ground during trading on Friday.

Bond prices jumped sharply in late morning trading but pulled back well off their best levels in the afternoon. Subse…

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Dollar Little Changed As Weekend Draws Near

The dollar is turning in a mixed performance against its major rivals Friday afternoon, but remains little changed overall. Traders are gripped with uncertainty at the end of the trading week after former National Security Adviser Michael Flynn pleade…

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