Finance

US Job data

US non-farm payroll data shows the US created more jobs in June than analysts expected – according to the Bureau of Labor Statistics. 222,000 jobs were created in June. The DOW futures pushed up 50 pts on this news. April & May’s figures were also revised upwards. Let’s see what …

Finance

Tesla to create giant battery system

Tesla is planning to build a giant lithium ion battery linked to a wind farm in Australia. This will be the world’s largest battery system ever installed. ‘It will be a 100-megawatt battery’, Elon Musk CEO of Tesla confirmed – ‘the next biggest battery in the world is 30 megawatts’. …

Finance

Interest rates low – 10 Year Anniversary

Interest rates low – 10 Year Anniversary It’s been ten years since the last UK interest rate raise. On 5th July 2007 the Bank of England raised rates to 5.75% and now, ten years later, the rate is 0.25% with the next UK rate decision due on 3rd August 2017. …

Finance

Trump bump to continue?

Trump bump to continue? The DOW Jones pushed to a new intra-day high on 3rd July 2017 ahead of the holiday as the Trump bump effect continues. But just how much of this is attributable to Trump and how much higher can it go? Record highs It’s not that long …

Finance

UK & US Manufacturing Data

UK & US Manufacturing Data US data Reports show that US manufacturing data came in better-than-expected for June lifting the DOW to a new intra-day high. Manufacturing PMI’s (Purchasing Managers’ Index) – are accepted as a good gauge to judge economic growth. So the US, in general, surges on. Presumably, …

Finance

FTSE 100 – Ex Dividend Dates

FTSE 100 – Ex Dividend Dates FTSE 100 Companies going Ex Dividend for the week 3rd July 2027 to 7th July 2017… Next PLC (NXT) – ex date: 06/07/17. Record date: 07/07/17. Pay Date: 01/08/17. Burberry Group PLC (BRBY) – ex date: 06/07/17. Record date: 0707/17. Pay date: 04/08/17. I …

Finance

Saving on our energy bills

Saving on our energy bills How we should save on our energy costs is regularly in the news – with the consistent advice for the user to switch – and switch on a regular basis. A little while ago I did just that and came across this little GEM! I …

Finance

Interest rate rise due soon?

Interest rate rise due soon? Will they – won’t they? A rate rise has been on the discussion agenda for some time now. Recent comments from the Bank of England MPC have been somewhat confusing, leaving us none the wiser again. With the next policy meeting due on 3rd August …

Finance

Warren Buffett splashes the cash

Warren Buffett splashes the cash Warren Buffett… is probably the worlds greatest investor, certainly to me anyhow. I can’t get enough of this guy. What is he up to now? He has invested in a Canadian lender (non-bank), Home Capital Group. Through his Berkshire Hathaway Group Warren Buffet has invested …