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Markets

Gold gains as a safe haven

Gold gains as a safe haven Gold is often considered a safe haven for investors during periods of uncertainty and with the continuing tension between the US and North Korea, now is no exception. Gold reached $1291 earlier (11/08/17) but has since fallen back.

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Finance

Asia markets fall as US & North Korea tensions escalate

Asia markets fall as US & North Korea tensions escalate Asian stocks also came under downward selling pressure. Due to the ongoing tensions between North Korea and US  – global stock markets continue to slide. Investors were moving to safer investment havens such as gold.

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Markets

DOW Jones below 22000

DOW Jones below 22000 Escalating tensions between the US and North Korea have pushed the DOW Jones Industrial Average below 22000 for the first time in August as investors become concerned. Other indices are under pressure including the FTSE 100 and DAX 30

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News

Cineworld 4DX movie Tech

Cineworld 4DX movie Tech This is brilliant and it’ll be coming to a cinema near you soon…hopefully. A totally immersive and fully interactive movie experience! Think theme parks and of those wonderful and thoroughly interactive, immersive theatre experiences you enjoyed on holiday. You know, that short movie you queued for …

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Markets

UK Economic growth slows

UK Economic growth slows UK Economic growth slows as latest data suggests UK economic growth appears to remain sluggish. With the backdrop of a weaker pound and improving global growth its somewhat surprising exporters aren’t doing better than this data suggests. The service sector also appears to have slowed. Consumer …

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News

Glencore Electric Thinking!

Glencore Electric Thinking! Glencore PLC (GLEN) – reported half-year earnings climbing 68% today (see report here) and their comments about their future and the future of electric vehicles and energy storage attracted my attention. The company plans to benefit from the large scale roll out of electric vehicles and energy …

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News

Cineworld – just the ticket

Cineworld – just the ticket Cineworld Group PLC (CINE) a FTSE 250 listed company reported today half-year figures with revenues up 17.8% Movies such as: ‘Guardians of the Galaxy 2’ and ‘Beauty and the Beast’ helped grow their box office revenue. Share price was: 722.75 at 13:20 on 10/07/18 up …

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Markets

Tokyo Stock Exchange Closed for the Day

Tokyo Stock Exchange Closed for the Day Just a reminder that Japan has a holiday on 11th August 2017 – mountain day. Apparently this is a new holiday introduced in 2016 to celebrate Japan’s many mountainous regions. Anyway, the Tokyo Stock Exchange (TSE) will be closed for the day.

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Markets

FTSE 100 pulls back

FTSE 100 pulls back The FTSE 100 index continued to fall today (10/08/17) after falling back yesterday to: 7498 amid increasing geopolitical tension between the US and North Korea after both sides sharpened their worrying rhetoric and after Donald Trump’s concerning and frankly upsetting ‘fire and fury’ statement made to …

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News

BREXIT Millions

BREXIT Millions I don’t know if you recall during the UK 2016 EU referendum – the leave campaign travelled the UK in a red bus with the slogan plastered down the side stating, ‘We send the EU £350 million a week – Let’s fund the NHS instead – Vote Leave’. …

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Markets
FTSE 100 companies going ex dividend this week

FTSE 100 companies going ex dividend this week on 28th September 2017… Worldpay Group PLC (WPG) Intertek Group PLC (ITRK) Smurfit Kappa Group PLC (SKG) Morrison (Wm) Supermarkets PLC Hargreaves Lansdown PLC  

Markets
Federal Reserve meeting update

Federal Reserve meeting update. The Federal Reserve on Wednesday (20/09/17) announced it will start reducing the size of its balance sheet. At something like $4.5 trillion it will now, after nine years finally start reducing the balance in October 2017 on a monthly basis. US interest rates were held at …

Markets
Dow Jones Industrial Average up again

Dow Jones Industrial Average up again I don’t know how many more times I will report on the rise of the Dow but it did it yet again yesterday (19/09/17). A new high was reached and at close the DJIA was: 22370 The outcome of the Federal Reserve’s policy meeting …

Markets
Record breakers

Record breakers. The record breaking highs just keep on coming as the Dow Jones Industrial Average yet again sets another record high on 18/09/17. The Dow Jones closed up at: 22331 The S&P 500 closed up at: 2503 The NASDAQ closed up at: 6454 For how much longer can these …

Markets
Dow Jones flying high again

Dow Jones flying high again New record high set by the Dow Jones Industrial Average. The DJIA closed up at: 22268 – yet another new record high!

Markets
FTSE 100 companies going ex dividend this week

FTSE 100 companies going ex dividend this week on Thursday 21st September 2017 Old Mutual PLC (OML) Taylor Wimpey PLC (TW.    

Markets
Sterling continues upward march

Sterling continues upward march. The pound bashed through $1.36 against the dollar on Friday (am 15/09/17) as the FTSE 100 falls back. Will it hold on to these gains?  

Investing
J D Wetherspoon reports

J D Wetherspoon reports. End of year accounts from J D Wetherspoon report sales and profits up! Profit before tax is reported at: £102.8 million (up from £80.60 million in 2016). Sales up by: 4% (like-for-like). Where else can you get such good value? J D Wetherspoon PLC (JDW) is …

Markets
Asian stock markets end the week subdued

Asian stock markets end the week subdued Investors appear to largely shrug off the latest provocation from North Korea as another missile is fired over Japan. Japan’s NIKKEI index closed up to end the week at: 19909 and South Korea’s KOSPI index closed up at: 2386. Hong Kong’s Hang Seng …