FTSE 100 little changed after poor start to trading
The FTSE 100 charged back from a 1.5% decline during early trading to end the day little changed. London’s blue-chip index gained 0.1%, or 5 points, on the back of a surge from the mining sector and better than expected US retail sales. Investors have been struggling to show enthusiasm in the markets of late due to the uncertainty currently surrounding More...
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...
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...
Monday off to a strong start following positive Japanese data
This Monday morning has seen various data releases that have proven to please traders, mainly concentrated around the Japanese economy. Consequently, the Nikkei has seen an in increase of 3% following the 5% drop 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...