Global News

Pound Sterling While the Pound began the week trading in the region of multi-month highs against both the US Dollar and Euro, the British asset broadly softened on Thursday as an unexpected decline in UK retail sales dented investor confidence in the nation’s economic recovery. To ask a currency expert a question direct, click HERE […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; So the Fed didn’t move. A no-show for T-day. Markets surprised, with few expecting nothing at all, most seeing at least some reduction in order to maintain credibility after all that build up to Sep-taper (last time I use […]

We’ve been following Gulf Keystone Petroleum (LSE:GKP) on a regular basis for some time now, believing that its potential reward for long-term investors could be substantial.  Oil and gas sector stocks are not for the faint of heart, for sure, but we believe that it’s not the risk that is the important factor, it’s the […]

I was pondering the ups and downs of the FTSE 100 this morning as I was reading headlines from a couple of dozen newspapers.  One source said that waiting for this month’s imminent U.S. Federal Reserve announcement was holding the FTSE down.  Another said that the FTSE will reach 8,000.  The problem was that it […]

Summer has come and is almost gone.  Larry Summers, on the other hand has already come and gone.  I understand how the end of Summer affect the entire planet, but I am somewhat in the dark as to how the end of Summers is cited as the almost singular reason for world markets to be […]

It won’t be long now before you are able to find a policeman when you need one.  Just head for the nearest Dunkin’ Donuts (NASDAQ:DNKN).  That’s right, Dunkin’ Donuts is coming back to London after two decades. The company announced yesterday that it was on a mission to rescue Londoners from the jaws of Krispy […]

The share price of Morrison (WM) Supermarkets (LSE:MRW) led the FTSE this morning, rising from 294.oo at yesterday’s close to to 312.00 minutes after 9:00 am.  The MRW share price remains up 3.06% at 13:20 today, an increase of 9.10 pence to 306.30. The investor response followed the release of Morrison’s first half results and […]

Every evening Americans turn on their TV’s to catch up on the news of the day.  Among the top five headlines of the day, there is inevitably something like this:  “The Dow Jones Industrial Average was up 32 points today on news that . . .”  For the average American, that’s the most attention that […]

It has not been a good year for the Orosur (LSE:OMI) share price, having fallen from 50.28 pence per share on 12 September 2012 to 7.00 by 13 July this year.  The share price has drifted in the doldrums for the past two months, managing to regain ground to the 10.00 range at 13 August […]

BP Egypt has announced a significant gas discovery in the East Nile Delta. The deepwater exploration well, named Salamat, is the deepest well ever drilled in the Nile Delta. It is the first well in the North Damietta Offshore concession granted in February 2010 and operated by BP The well was drilled using the sixth […]