Market News

The FTSE 100, which is dominated by dollar-earning constituents, was trading up 18.86 points at 7,574.18, just shy of a record closing high.

Czech foreign trade surplus increased in September from a year ago, as exports grew faster than imports, figures from the Czech Statistical Office showed Friday.

The trade surplus rose to CZK 20.2 billion in September from CZK 19.4 billion in the cor…

StockMarketWire.com – Sterling was subdued after yesterday’s sharp drop, but a strong performance in the mining sector helped the FTSE 100.

“The cautious and restrained approach taken by FTSE 100 companies does not appear to have filtered through to all FTSE 250 companies.

Sweden’s service sector activity continued to expand strongly in October, but the rate of growth eased since September, survey data from Swedbank and the logistics association SILF showed Friday.

The purchasing managers’ index for the services sector…

Sky News has learnt that Apollo Global, CVC Capital Partners, KKR and Platinum Equity have been asked by the FTSE-100 consumer goods group to …

In terms of powerful long-term investment themes, it doesn’t get much bigger than the world’s ageing population. We’re getting older as a global …

Hong Kong’s retail sales growth accelerated notably in September to the highest level in more than two-and-a-half years, preliminary figures from the Census and Statistics Department showed Friday.

The value of retail sales climbed 5.6 percent year-o…

Following one of its best weeks of the year, the US Dollar (via DXY Index) has traded largely sideways in the days leading up to the October US Nonfarm Payrolls this morning.

The FTSE 100 (INDEXFTSE:UKX) has continued its gains to get within record highs with support from better-than-expected data from the services …

The pound climbed against its major rivals in the European session on Friday, as a data showed that the UK service sector expanded at the strongest pace in six months in October.

Survey data from IHS Markit showed that the IHS Markit/Chartered Instit…

An outbreak of bird flu has hit the poultry industry in South Africa.

The UK service sector expanded at the strongest pace in six months in October, survey data from IHS Markit showed Friday.

The IHS Markit/Chartered Institute of Procurement & Supply Purchasing Managers’ Index rose unexpectedly to 55.6 in October …

Following the release of UK services PMI for October at 5.30 am ET Friday, the pound advanced against its major rivals.

The pound was trading at 1.3063 against the greenback, 149.05 against the yen, 1.3055 against the franc and 0.8915 against the eur…

The top winner on the FTSE 100 was private healthcare provider NMC Health. Its shares rose almost 4% following an upgrade from Deutsche Bank.

The UK services sector grew by its fastest rate in six months in October, data suggests.

UK Oct Services PMI 55.6 Vs. 53.6 In Sep, Consensus 53.3

The material has been provided by InstaForex Company – www.instaforex.com

At 5.30 am ET Friday, IHS Markit releases UK services PMI. The index is forecast to fall to 53.3 in October from 53.6 in September.

Ahead of the data, the pound traded mixed against its major rivals. While the pound rose against the euro and the fran…

Are there stock return forecasts good enough to make mean-variance optimization work as a stock portfolio allocation strategy? In their October 2017 paper entitled “Mean-Variance Optimization Using Forward-Looking Return Estimates”, Patrick Bielstein and Matthias Hanauer test whether firm implied cost of capital (ICC) based on analyst earnings forecasts is effective as a stock return forecast for More

Live US NFP Coverage: Will a Rebound In Payrolls Lift USD Further?

South Africa’s private sector continued to contract in October, data from Standard Bank and IHS Markit showed Friday.

The Purchasing Managers’ Index rose to 49.6 in October from 48.5 in September. However, a score below 50 indicates contraction.

T…

FTSE 100 Daily Short Str (UKXI1X.L) presently has a 14-day Commodity Channel Index (CCI) of 29.61. Typically, the CCI oscillates above and below …

Monitoring the numbers for FTSE 100 Gross TR Index (UKXI5X.L), we have recorded that the Percentage Price Oscillator is currently higher than the …

The services sector grew strongly in October though firms are cautious about the long-term.

Yesterday’s Bank of England (BoE) decision, and the subsequent price action, has resolved the argument about the next move for the FTSE 100.

The Swiss real estate bubble index remained in the risk zone in the third quarter, data from the UBS investment bank showed Friday.

The UBS Swiss Real Estate Bubble Index fell to 1.38 in the third quarter from revised 1.41 in the previous quarter.

…

Hong Kong Sep Retail Sales Volume Up 5.5% Y-o-Y Vs. 3.2% In August

The material has been provided by InstaForex Company – www.instaforex.com

The move higher, which sets the FTSE 100 on track for a weekly advance, was aided by gains for shares of British Airways parent IAG after its …

Higher rates will cause “some pain” for homeowners but should be kept in context, says deputy governor.

The Bank’s deputy governor defends the rate rise and says it is important to put it into context.