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The Week in Review: 3rd – 7th June 2013

Wall Street spent most of last week playing a guessing game with the Federal Reserve, trying to decipher the underlying meaning and potential effect of comments made by Esther George. This was always on the cards with Ben Bernanke’s comments on 22nd May still fresh in the minds of investors. Naturally, with an $85bn a month cash injection into the More...

by Gregory Bassett | Published 12 years ago
By Gregory Bassett On Friday, June 7th, 2013
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US stocks advance on US jobs data and Morgan Stanley rating

US stocks rose higher on Friday to close the week on a positive note, on the back of US jobs data that investors perceived to be positive and Morgan Stanley having its best day since the first quarter. The financial More...

By Gregory Bassett On Friday, June 7th, 2013
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FTSE 100 advances on US jobs data, still ends down for week

It has been three weeks since Ben Bernanke cast the financial markets into uncertainty with his comments on the Federal Reserve’s quantitative easing policy, drawing to a close rallies across the globe that had More...

By Gregory Bassett On Friday, June 7th, 2013
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US Jobs data beats expectations, yet unemployment rises

US Jobs data was released earlier today, offering better than expected results for the month of May. Analysts had originally predicted that 170,000 jobs would be created last month, with unemployment remaining little More...

By Gregory Bassett On Wednesday, June 5th, 2013
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US indices fall across the board as Fed’ concerns return

The Dow Jones Industrial Average, Nasdaq and S&P 500 all suffered losses during today’s trading as fresh concerns over the Federal Reserve’s monetary stimulus came to light. In addition to Esther More...

By Gregory Bassett On Wednesday, June 5th, 2013
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FTSE declines as sentiment takes a hit on global scale

The FTSE 100 declined by 139.27 points, or 2%, today, closing at 6419.31. The declines came on the back of a bad day of trading in Asia, where the Nikkei declined by 3.8%, and further concerns in the US that the More...

By Gregory Bassett On Wednesday, June 5th, 2013
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Nikkei falls by 3.8 percent over continued Fed’ concern

Since Ben Bernanke’s comments on May the 23rd, concern over the longevity of the Federal Reserve’s monetary easing policy has dominated the headlines of financial publications across the globe — including More...

By Gregory Bassett On Tuesday, June 4th, 2013
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FTSE 100 Rebounds as Fed’ concerns ease

The FTSE 100 rebounded from Tuesdays decline to a near month long low as concern over the Federal Reserve’s monetary policy eased. Markets across the globe have been on edge since the central banks chairman, Ben More...

By Gregory Bassett On Monday, June 3rd, 2013
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FTSE Falls with Europe on broad concerns

With very little happening in the UK market today in the form of news from companies and industry effecting sources, investors have been left to trade on their views of the current economic climate and their views More...

By Gregory Bassett On Monday, June 3rd, 2013
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Much of the same from the Nikkei as declines continue

The Nikkei 225 has continued to decline during early trading on Monday. The index opened at 13,551.36 coming off the back of a turbulent period of trading last week and then proceeded to tumble for much of the sessions More...