FTSE closes 90 points off highest ever levels
The FTSE 100 closed this evening just 90 points off its highest ever levels of 6930. The index made a somewhat slow start to the day with as it waited with baited breath for news from across the Atlantic of Ben More...
Sterling hits one-month low against the Euro
The Pound Sterling hit a one-month low against the Euro today on the back of retail sales data which showed an unexpected decline. Analysts had originally expected the report to show an increase in retail sales More...
FTSE pauses for breath as Morrisons shares are placed
The FTSE 100 has paused for breath are its recent surge which put it within touching distance of an all time record. The record was set in December 1999, when the dot com bubble was in full swing with no signs of More...
All major asian indices down during early afternoon trading
The Nikkei, Hang Seng and S&P/ASX 200 were all down shortly after the midday break in Asia today after the Reserve Bank of Australia announced interest cuts to a record low. The knock on effect was seen throughout More...
Late FTSE 100 rally peaks at 12 year high
The FTSE 100 rallied in the final 2 hours of trading today after steady declines from late in the morning through to the afternoon saw it fall almost 14 points below its opening price. The index advanced by 43.90 More...
FTSE opens with a flourish but is undermined by Gold
The FTSE 100 opened today and instantly set course for its best levels since September 2000, when it peaked at 6752. The index reached a five and a half year peak of 6735.43 but retreated by the mid day break to More...
Gold slump continues
Gold is currently undergoing its longest decline in more than four years and according to Goldman Sachs, it’s set to get worse. Hedge-funds and self directed investors alike are dumping the precious metal from More...
AUD/USD pair hits ceiling
The Australian Dollar has hit a ceiling of 0.9787 and retreated to 0.9757 at the time of writing. The steady slow down and decrease in demand is being attributed to the upcoming Reserve Bank of Australia minutes, More...
Nikkei continues rally early on Monday
The Nikkei 225 continued to make solid gains on the back of yet further weakening of the Yen early on in Monday’s session. The index hit a five and a half year high of 15,356.31 but retreated to 15,347.01 by the More...
The Advance: 20th – 24th May 2013
The word on everyone’s lips over the last fortnight and beyond has been “correction”. Analysts and self directed investors alike have all been trying to decide when the recent rallies in America will More...