Markets

FTSE 100 falls Pound jumps

FTSE 100 falls Pound jumps The FTSE 100 falls back to close at: 7295 down 84 points. Perceived hawkish comments from the Bank of England helped the pound to rise on early rather than later interest rate rises. Higher inflation and UK growth are also adding to the Bank of …

Markets

Sterling on the move

Sterling on the move Following the Bank of England’s interest rates comments Sterling is surging ahead. The pound smashed through $1.33 to reach a high of $1.3355 I’ll keep you posted.

Finance

UK interest rate held at 0.25%

UK interest rate held at 0.25% The Bank of England (BoE) has held UK interest rates at 0.25% Interest rates could rise faster than expected after 7-2 vote to hold. Sterling The pound jumped against the dollar ($1.3280) FTSE 100 fell on the news sharply to 7316 – a fall …

Investing

Retail results roundup!

Retail results roundup! Interim results were announced today from: NEXT PLC, Morrison (Wm) Supermarkets PLC and John Lewis. NEXT PLC (NXT) – sales and profits fall NEXT PLC reported a 9.5% fall in profit before tax at: £309.4 million at half year results (to end of July). Total group sales …

Markets

All rise!

All rise! Wall Street does it again and for the second day in a row. All three US indices create new record highs. The DOW closed up at: 22156. The NASDAQ closed up at: 6460 and the S&P 500 closed up at: 2498. How many more records are there still …

Markets

UK inflation up at 2.9%

UK inflation up at 2.9% According to the Office for National Statistics (ONS) UK inflation is 2.9% in August up from 2.6% in July. The UK inflation target is: 2% Visit The Office for National statistics (ONS) here.  

Markets

Record highs for Wall Street

Record highs for Wall Street. Yesterday (12/09/17) the three main US indices reached record highs. The DOW Jones Industrial Average closed at: 22118 The NASDAQ closed at: 6454 S&P 500 closed at: 2496 How much more room is there at the top. Can these record highs be improved upon again? …

Markets

Record high for Brazil’s main stock market index

Record high for Brazil’s main stock market index. On Monday 11th September 2017 Brazil’s Ibovespa index hit a record high of 74000 points. This is the first time since 2008 that Brazil’s main index has reached this level. The Brazilian stocks have been rallying this year as the country recovers …

Investing

Companies going ex dividend

Companies going ex dividend on Thursday 14th September 2017 There are no companies in the FTSE 100 going ex dividend this week. Here is a list of FTSE 250 companies in the FTSE 250… Stobart Group Ltd (STOB) Sanne Group PLC (SNN) Computacenter PLC (CCC) Assura PLC (AGR) BBA Aviation …

Markets

European stocks mixed & FTSE lower ahead of hurricane storms & North Korea tension

European stocks mixed & FTSE lower ahead of hurricane storms & North Korea tension London stocks closed lower on Friday as investors fret amid worries that North Korea might be preparing for a missile launch on Saturday to mark the celebration of its founding day. The FTSE 100 closed down …