Pound goes up through $1.30. Pressure on the $ dollar as US inflation data could reduce the prospects of a 3rd interest rate hike from the Federal Reserve this year. US consumer prices were unchanged and US retail sales fell in June for the second month in-a-row. All having an …

US inflation (Consumer Price Index) for June remains unchanged at 1.5% – data from the US Bureau of Labor Statistics shows and US retail sales for June fell unexpectedly for a second month in a row – data from the US Commerce Department.

Just a reminder that the Tokyo Stock Exchange will be closed on Monday 17th July 2017 for national holiday – Japan Marine Day. And for your information – Marine day is a holiday time used by Japan to reflect on the importance of the ocean as an island nation. So …

The US reporting season gets underway today with banks: Citigroup, J P Morgan Chase & Wells Fargo reporting first . The DOW Jones is hovering at record high – let’s see what effect these results have over the next week or so… DOW 30 to go through 21600 or drop …

EasyJet is making contingency plans for post-BREXIT. The company is to establish a new airline, EasyJetEurope. Regardless of the outcome of UK-EU BREXIT negotiations – this plan will permit EasyJet to continue to operate flights across Europe unaffected when the UK leaves the EU. EasyJet PLC (EZJ) share price as …

Very tough week for Carillion – share price down 70% after a performance warning – (although I notice this morning it has picked up a little). I’ll be perfectly honest with you, I didn’t know much about this FTSE250 company, I still don’t – but I intend to do some …

I have a question… We have low interest rates and therefore access to cheap money – businesses have enjoyed this benefit for years. We see reports suggesting businesses are doing well – look at the recent market highs – yet productivity is still very low, much lower than it should …

Intra-day record highs were reached in Indian markets. The SENSEX went above 32000 and the NIFTY 9900 for the first time – both retreated. Most Asian markets made gains following Wall Street. The Federal Reserve indicated that interest rate rises would be gradual – the markets generally reacted positively to …

The repeal bill will ensure that EU laws adopted by the UK will be converted into British law. Parliament will then have the power to change them later. If the bill is not passed then there will be no laws after BREXIT. This bill is going to have a difficult …

A Credit Conditions Survey report published by the Bank of England seems to suggest that lenders may introduce a reduction in mortgage availability to house buyers – especially for buyers with smaller deposits – making low deposit mortgages more difficult to obtain. Cheap credit card deals may also be more …