FTSE indices went up to midday drawing closer to the psychological 7000 mark on results-driven gains by Schorders and Aviva. The optimistic sentiment was not really that remarkable as the Bank of England held its benchmark at 0.5 % and stayed its stimulus package at the £375 billion mark. The FTSE [...]
The growth profile for the Royal Mail Group was cut short by analysts after the events of the stock investment bank in Berenberg. Clients were cautioned in purchasing buy recommendation stays in place with the target price still enticingly positioned at 625p. The primordial issue is basically the speed at [...]
Can it be tapped into $5.3 trillion forex market and cash in? More than 95 % of the currency trades are basically based on pure speculation. It is not really something to consider unless one is ready to take on the stock market, but can be productive if studied well. This [...]
Macro concerns tolled on the U.K. stock markets last week following the Eurozone consumer prices fell to more than what was predicted and the rate of U.S. economic growth slowed distinctively. London's FTSE 100 was able to finish the session down 0.9 % at 6,749, which concluded its lowest streak since [...]
Spread betting and foreign exchange platforms were rushing to regain their positions after the Swiss franc's soaring movement last week. Bidders are aligning themselves through the books of Alpari, which is a Russian-owned spread better which crashed last week as the franc's movements wiped out some clients and drained the [...]
Oil cascaded 5 % to near 6-year lows prior to its recovery last week and Brent shortly traded at par to U.S. crude for the first time in three months as several traders move to take advantage of ample storage space in the U.S. Traders were looking to store the surplus [...]
It can be very difficult to work out the best time of the day to trade the FX markets, not least because of the decision is reliant on the type of approach use. But through research, there are a couple of ideas of when retail traders may perform at its [...]
A shortened trading session concluded with the FTTSE 100 ahead of the Christmas break which was its 7th consecutive day in positive territory on Christmas eve This resulted in the London's top index having more than 300 points below its all-time high following a big loss at the beginning of [...]
Government now extends its powers to prosecute Libor rigging to seven primary benchmarks including the foreign exchange market. Traders who are attempting to make changes on the foreign exchange, gold and oil benchmarks will be facing up to seven hard years in prison under new laws to tackle market abuse. [...]
According to BMO Capital Markets Corp., investors who are searching for gains in gold should start contemplating the possibility of purchasing metal in Euros or Yen. While spot prices that were quoted in dollars have very little changes for the year, the recent chart for this week reveals that the [...]