Search Results for: Pound
FTSE 100 continues record run, rising for 14th day in a row
January 13th, 2017
U.K. stocks gained for a 14th straight day on Friday, extending their record winning run as the weaker pound spurred investors to buy into British multinationals. The FTSE 100 index UKX, +0.30% rose 0.5% to 7,327.85, on track for ...
FTSE 100 extends a record-breaking run
January 11th, 2017
European stocks rose Wednesday, with London striking another record pinnacle on the sliding pound and rebounding commodity prices. Sterling fell as weak official trade data offset bright industrial output figures — and the currency’s slide gave a fresh impetus ...
Dollar Drops Further While Asia Stocks Are Mixed: Markets Wrap
January 10th, 2017
U.S. currency continues slide from peak at start of year Japanese shares slump, Hong Kong equities gain for fourth day The dollar slumped for a second day, continuing its slide from a multi-year peak at the beginning of 2017. ...
Investing in Gold? What year 2017 shows
January 9th, 2017
Should you invest in gold in 2017? Gold investment demand tends to go up when the world economy is uncertain and volatile. 2016 was an archetypal game of two halves for gold investors. From January up until early June, ...
Inflation to Hurt UK Consumers in 2017?
January 9th, 2017
Ever since the onset of the financial crisis nearly a decade ago, central banks have been struggling to revive inflationary pressures mostly through easy monetary policy. After all, rising prices can shore up demand and allow businesses to rake ...
FMQ breaks $15 trillion
January 9th, 2017
Since August 2014, bank reserves at the Fed have fallen by $646.6bn, while the sum of cash, checking accounts and deposits held by the public has risen by $1990bn. The fiat money quantityi has now breached the $15 trillion ...
CME Group Reached Record Average Daily Volume of 15.6 Million Contracts in 2016
January 5th, 2017
CME Group Reached Record Average Daily Volume of 15.6 Million Contracts in 2016, up 12 Percent from 2015 Annual average daily volume records reached in Interest Rates, Energy, Agricultural Commodities, Metals, Total Options and Electronic Options Fourth-quarter 2016 volume ...
FTSE 100’s record-breaking run continues
January 3rd, 2017
The UK’s stock market started the year in positive mood, setting another intra-day high in early trade. After closing at a record high of 7,142.83 on the final trading day of 2016, the FTSE 100 opened higher and set ...
These currencies got crushed in 2016
December 29th, 2016
A few countries have fared well, but others have seen the value of their currencies fall dramatically. Here’s a list of the currencies that have been rocked hardest in 2016: Egyptian pound: -59% Egypt took the radical decision to ...
Former Goldman Sachs trader refuses to return stolen trade secrets
December 19th, 2016
A former Goldman Sachs banker who stole his employer’s trade secrets has ignored an order to surrender them, in order to cash in on profits after his release from prison, a London court was told. Jurors at Southwark Crown ...
