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.  

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? …

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 …

Mercedes-Benz goes electric Not to be outdone by other car manufacturers with their electric vehicles, Mercedes-Benz have jumped on the electric car bandwagon. The indication is that Mercedes-Benz will offer some 50 electrified models – hybrid and fully electric by 2022. We can now add Mercedes-Benz to the illustrious list …

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 …

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 …

Uber update! Uber is reported to be under FBI investigation for allegedly using software against its competitors. See Wall Street Journal report here for more details. Uber never seems far from controversy?    

Shares in Thomas Cook fall after pilots strike. The shares in Thomas Cook Group PLC (TCG) a FTSE 250 company fell 2.7% at 120.55 today (08/09/17). Pilots followed through on planned strike action over pay. This is quite significant as it is the first strike action taken by UK pilots …

Euro up against the dollar. The euro has been on a roll recently. This year it is up 15% against the US dollar and just a few months off a three year high. So far, the pound holds on to gains and is currently (08/09/19 AM) up against both the …

Equifax hacked! Equifax has reported that the company suffered a data breach affecting 143 million US clients. Apparently some UK customers were also compromised. In a report Equifax said that birth dates, addresses and US social security numbers had been stolen. Advice Be aware! If you have used ever used …