Data released by China today showed that the economy continued to grow by 6.9% between April and June. Stock markets in Asia had a muted reaction to the news and appeared to be focused on the meetings to establish more financial stability and increase control of the economy to reduce …
Carillion PLC (CLLN) received a much needed boost today (17/07/17) with the announcement of a HS2 contract award reported to be worth £450 million. After a torrid week last week, which saw the share price fall by 70% – this contract award helped lift their share price today by 19% …
Banks are making contingency plans in preparation for BREXIT in order to maintain access to the EU market. Reported as follows:- Barclays is in talks to expand its presence in Dublin. Citigroup looking to move jobs in its trading section. Goldman Sachs considering to move staff from London to Frankfurt. …
The Dow Jones Industrial Average set a new record high today stepping through 21600 with an intra-day high of 21682 to settle 21637 at close. Just how much higher can the DOW 30 go this year? Much of the record-breaking increase is attributed to Federal Reserve chair Janet Yellen’s comments …
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 …