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Gregory Bassett

Gregory previously worked for a leading financial news publication and is now assistant news editor of financialtrading.com.

By Gregory Bassett On Friday, May 31st, 2013
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FTSE falls but UK economy showing positive signs

The FTSE 100 closed this evening with a decline for the second week in a row, something that it has not happened since November of 2012. Analysts are split when it comes to how severe the FTSE’s recent run actually More...

By Gregory Bassett On Thursday, May 30th, 2013
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Nikkei declined by 5.15% regardless of economics minister’s reassurance

The Japanese Nikkei 225 declined today as the Asian markets had their first chance to react after yesterdays declines, the result or uncertainty and confusion from investors as to the long term likelihood of continued More...

By Gregory Bassett On Thursday, May 30th, 2013
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French jobless figures hit new record highs

French president Francois Hollande and German Chancellor Angela Merkel met today to discuss the current economic situation in France and the wider Eurozone. While the chancellor was there French jobless data was More...

By Gregory Bassett On Wednesday, May 29th, 2013
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FTSE erases gains from Tuesday’s session

The FTSE 100 saw its gains from yesterday’s trading session wiped out by midday as investors became increasingly wary of the current situation in the US and the Federal Reserves suggestion that it could halt More...

By Gregory Bassett On Wednesday, May 29th, 2013
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European stocks stutter as fear of the Fed’ grows

European stocks declined today as investors came to the realisation that positive economic data isn’t necessarily good news. After yesterdays better than expected consumer confidence data from the US stocks rallied, More...

By Gregory Bassett On Tuesday, May 28th, 2013
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Brent crude adds $1 to price

Brent crude oil has added more than $1 to its price today after positive data out of the US and reassurance from central banks regarding their relaxed monetary policies encouraged equities to advance across the More...

By Gregory Bassett On Tuesday, May 28th, 2013
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FTSE 100 leads European indices as the region advances

European stocks advanced for a second consecutive session today on the back of clarification of the European Central Bank’s position on its current monetary easing policy from officials. The comments lead More...

By Gregory Bassett On Tuesday, May 28th, 2013
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US stocks bounce back after Memorial Weekend

US stock markets opened today after a long Memorial Day weekend and resumed its recent trend of advances. The backend of last week saw the regions indices fall by significant amounts across the board on the back More...

By Gregory Bassett On Monday, May 27th, 2013
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OPEC to meet on 31st

The Organisation of Petroleum Exporting Countries will hold a meeting on Friday to assess oil production for the next 12 months to ensure that it meets matches the demand. Some members of OPEC, including representatives More...

By Gregory Bassett On Monday, May 27th, 2013
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European shares shrug off Asian decline

With the London and New York stock exchanges closed today for national holidays attention turned to Asia and mainland Europe. Asia continued to decline on the back of confusion as to the regions centrals banks intentions, More...