UK stocks continue declines, Severn Trent lead the way
UK stocks continue declines, Severn Trent lead the way The FTSE 100 encountered its third successive day of declines today as the take over bid for Severn Trent fell through, the Greek state run broadcaster (ERT) More...
CEO of RBS to leave the bank
Stephen Hester, the Chief Executive Officer of the Royal Bank of Scotland is to step down after more than four years at the helm. RBS is 81 percent owned by the British government after a taking £45.5bn bailout More...
European stocks plummet on Greek concerns
European stocks have plummeted today on the back of fresh concerns over the stability of the Greek government and its economy. The nations elected officials were going head to head today after the country’s state More...
FTSE declines by almost 1 percent on central bank concern
Stocks on the London Stock Exchange fell for a second consecutive day today on the back of fresh concerns over central banks and their willingness to expand on their current financial stimulus programs. The Bank More...
Energy falls on BOJ’s lack of action
The Bank of Japan took no action on their current lending program after two days of discussions between officials, surprising analysts across the globe who had anticipated big news following the meeting. The Bank More...
British economy looks strong on the back of numerous positive reports
The British economy appears to be making great strides towards economic recovery, with numerous reports being released over the last few days suggesting that the climate is beginning to change. For example, Monday More...
FTSE falls as Miners suffer from Chinese data
It was an exceptionally slow day on the London Stock Exchange today with little of note taking place. The majority of the days catalysts came from foreign sources; China’s weaker than expected data and the S&P More...
Standard & Poor upgrade US credit rating
Standard & Poor, the first major credit rating agency to take the United States’ AAA+ credit rating from them after the debt crisis, has upgraded the US to a AA+ rating. The news was well received by investors More...
USD/JPY rebounds, moving back towards ¥100 mark
The US/JPY pair has rebounded since its June 6th low of 95.90, where it became evident that the more bearish traders lacked the weight to pull it down any further. Over the last few days the pair has rallied, today More...
The Advance: 10th – 14th June 2013
It has been a week of much uncertainty once again in the US, with stocks struggling to hold onto their recent gains. The big factor of the week eventually became the US non-farm payroll data that was released on More...