FTSE 100 continues to move positively, Bitcoin above US$10000

Corporate news – namely Shell’s dividend changes, and the successful UK bank stress tests – have provided some positive sentiments for investors, meanwhile. in the FTSE 250 Ocado’s long awaited success was also a boon to investors.

Stock Trkr
Financial Distress, Investor Sentiment and Downgrades as Asset Return Anomaly Drivers [PREMIUM]

What firm/asset/market conditions signal mispricing? In the November 2017 version of their paper entitled “Bonds, Stocks, and Sources of Mispricing”, Doron Avramov, Tarun Chordia, Gergana Jostova and Alexander Philipov investigate drivers of U.S. corporate stock and bond mispricing based on interactions among asset prices, financial distress of associated firms and investor sentiment. They measure financial distress via Standard & More

Stock Trkr
UK Banking System Capable To Resist Disorderly Brexit: BoE

The UK banking system could support the real economy even through a disorderly Brexit, according to the Financial Stability Report, released by the Bank of England on Tuesday.

In an adverse scenario, capital buffers would be drawn down substantially …

Stock Trkr
easyJet’s huge gender pay gap is down to having barely any female pilots

The low-cost carrier easyJet is one of only six FTSE 100 companies that has a female CEO. However, one thing outgoing chief executive Dame Carolyn McCall has not managed to remedy in her seven-year tenure is the company’s pay gap: this week the airline reported a 45.5% median pay gap among …

Stock Trkr
Brazil Consumer Confidence Strongest Since Oct 2014: FGV

Brazil consumer confidence strengthened further in November to the highest level in just over three years, figures from the FGV IBRE showed Tuesday.

The consumer confidence index climbed by 3.1 points to 86.8 in November from 83.7 in October.

Moreo…

Stock Trkr
Number of stolen credentials at top UK companies triples in 2017

A new study from threat intelligence platform Anomali reveals that the volume of credential exposures among FTSE 100 companies in the UK has dramatically increased to 16,583 from April to July 2017, compared to 5,275 in last year’s analysis. According to the findings 77 percent of the FTSE 100 — the …

Stock Trkr
OECD Sees Strength In Global Growth

The global economy has strengthened as monetary and fiscal stimulus underpin improvement in growth rates across most countries, the Organisation for Economic Co-operation and Development said in its Economic Outlook, released Tuesday.

The Paris-base…

Stock Trkr
Sweden Retail Sales Rise Unexpectedly In October

Sweden’s retail sales increased unexpectedly in October, though marginally, data from Statistics Sweden showed Tuesday.

Retail sales edged up a seasonally adjusted 0.1 percent month-over-month in October, following a 0.8 percent rise in September.

Stock Trkr
Mining stocks hit by weakening metals prices

On the resource-heavy FTSE 100, there are five mining stocks on the list of its top 10 biggest fallers, with Glencore leading the index lower with a 2.3 per cent decline. Overall, the main London index is up 0.4 per cent, helped by oil majors after a w…

Stock Trkr
FTSE 100 Edges Higher As Major Banks Pass Annual Stress Tests

(RTTNews.com) – U.K. shares rose on Tuesday after all seven of the U.K.’s biggest lenders passed the Bank of England’s 2017 stress test for the first time since the test was launched in 2014. “The 2017 stress test shows the U.K. banking system is resilient to deep simultaneous recessions in the U.K. and …

Stock Trkr
Levels to watch: FTSE 100, DAX and Dow

The FTSE 100 rally came under pressure yesterday, with the price falling sharply despite early gains. Fortunately we didn’t see the price break below 7371, with the market turning higher once more this morning. This continues to look like a bullish phase for the FTSE 100, with the creation of higher lows …

Stock Trkr
FTSE 100 on track to break three-day losing streak

UK stocks rose for the first time in four sessions on Tuesday, boosted by a rise for oil major Royal Dutch Shell after the energy major said it will scrap its scrip dividend and buy back $25bn in shares, MarketWatch reports. Bank stocks traded mixed ev…

Stock Trkr
Canadian Dollar Slides Against Most Majors

The Canadian dollar dropped against most major counterparts in early European deals on Tuesday.

The loonie retreated to 86.95 versus the Japanese yen, a pip short to pierce its early 3-month low of 86.94.

The loonie weakened to a 1-week low of 1.27…

Stock Trkr
Sweden Trade Deficit Narrows In October

Sweden’s foreign trade gap decreased in October from a year ago, figures from Statistics Sweden showed Tuesday.

The trade deficit dropped to SEK 3.1 billion in October from SEK 3.5 billion in the corresponding month last year. In September, the trade…

Stock Trkr
FTSE supported by Shell, bank test relief

The FTSE 100 index added 0.4 percent by 0920 GMT, with stronger energy and financial stocks more than offseting weakness among commodity stocks due to worries over demand from top metal consumer China. Shell rose 3 percent, leading gainers on the FTSE….

Stock Trkr
Levels to watch: FTSE 100, DAX and Dow

The FTSE 100 rally came under pressure yesterday, with the price falling sharply despite early gains. Fortunately we didn’t see the price break below …

Stock Trkr