Global News

Pound Sterling – The Pound began the week on a positive note after economic data continued to support hopes that the UK economy is making a strong recovery. A better than expected services PMI climbed from 56.9 in June to 57.4 in July. To ask a currency expert a question direct, click HERE Or to […]

This column generally focuses on company and market news of interest to serious investors.  With apologies to my bosses, I am going to take it in a different direction today, because I believe that the most important story today, although it may not be directly connected to the market, does have serious implications for any […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; A tough week for the FTSE 100 index, giving up 200 points high-to-low to revisit the lower end of its summer trading range. Markets continued to fret over the prospect of less Fed stimulus and have immediately questioned the […]

Tesla (NASDAQ:TSLA) Redefines Everything.  That headline could be over 100 years old and it could refer to Nikola Tesla himself.  Tesla, the unsung pioneer of the development of electricity probably never imagined that “Tesla” would be the nameplate of a car and a manufacturer that are bringing the most radical change to the automotive industry […]

Look for the next few days, if not weeks or months, to be a bumpy ride for world markets.  While Mark Carney’s remarks today (see my ADVFN colleague Tom Frew’s remarks) will have some impact on the London Exchange, the whole world is reacting to signs that the Federal Reserve is on the verge of […]

It’s not likely that there could be any bigger news out of the U.S. today than the announcement that Amazon (NASDAQ:AMZN) CEO, Jeff Bezos has agreed to purchase the Washington Post (NYSE:WPO).  We’re not talking about buying a single copy or signing up for a subscription.  We’re talking about him buying the whole enchilada.  Actually, […]

Britain’s banks have provided a bevy of news for the first Monday in August.  And – surprise!- not all of it is bad.  Not that long ago, any story about UK banks could have been written in one word:  “Disaster.”  Actually, it’s been so bad for so long that “bank” and “disaster” in the same […]

International Consolidated Airlines Group (LSE:IAG) share price has been escalating throughout the day and is currently up 16.80 pence to 313.90.  That’s a 5.7% increase on the day, an 18.7% increase on the month, a 49.4% increase since the beginning of 2013, and a 99% increase over the last 12 months.  Today’s change in share price […]

Pound Sterling – At the start of the week the Pound saw little movement against its most traded peers, but did make gains against the US Dollar. The rise came after the Bank of England released data showing that lending to small UK firms hit a record high in June. To ask a currency expert a […]

Lloyds Banking Group (LSE:LLOY) share price closed at 68.47 as July trading came to a close yesterday.  The bank released its half-year report at 7:02 this morning.  By 8:22 am its share price has reached 72.98.  By 10:14 am, it was at 74.41.  At 13:00 it had ascended to 74.85.  Lloyds’ share price has not […]