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 in couple of hours, closing at 6755.63 and breaking the previous record of 6752 set in September of 2000. Numis Securities Ltd inspired the 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...
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...
Singapore sees small gains, while Nikkei sets record high.
Shares on Singapore’s Straits Times climbed to 3451.04 during early trading on Wednesday, translating to an advance of 0.2 percent. While the rest of the index hovered around their opening prices, Noble, one More...
The day of the dollar
Todays G7 meeting was a good one for Japan and their recently launched quantitative easing programme. The G7 were trying to decide whether the recent decline of the Yen was down to their monetary policy or currency More...
Mood in Asia is uncertain early on Monday
The Asian markets opened on Monday morning with an unusual sense of uncertainty in the air. The Nikkei instantly rose to a five and a half year high of 14,766, an advance of 1.1 percent, as a reaction to the surge More...
The Advance: 13th – 19th May 2013
The S&P 500 closed the week up 2.3 percent for the month of May and 14.6 percent up for the year to date. At a time of year when it is common for investors to sell up and lay dormant for a while, studying the More...
FTSE 100 reaches five and a half year high
The recent FTSE 100 rally ploughed through its seventh consecutive day today on the back of actions taken by central banks across the globe — or in the case of the Bank of England, the lack of action taken. The More...
US dollar breaks the 100¥ mark
We have been waiting for this day for quite some time now. In fact, we thought it would come a lot sooner, especially after the Bank of Japan announced its quantitative easing program last month. Nonetheless, the More...