7 Oct Express Mike van Dulken, of Accendo Markets, said: “A positive UK Index open is rather perversely derived from a 6pc overnight flash crash in GBP that has provided the UK index with another currency fillip for its overseas-exposed contingent.” http://www.express.co.uk/finance/city/718601/UK Index -100-soars-near-record-levels-Brexit-business-boom-finance-Sterling-pound-value 6 Oct This is Money Mike van Dulken, head of research…
Today is a strange sort of day that hasn’t been seen often since September 21st; a day with zero speakers from the US Federal Reserve. Of late, Fed members have been lined up in their droves to give personal opinions to anyone and everyone, sometimes making several appearances a week. Whilst varying from the most optimistic…
easyJet (EZJ) shares have breached a 3-month support zone around 1000p to trade levels last seen in late Jan 2013. Investors are taking flight following a FY 2016 profits warning pinned on a weak GBP hindering UK holidaymakers, terror events denting bookings, flight disruption due to strikes across Europe and a still uncertain economic outlook….
If Tesco shares could be purchased in-store they’d be flying off the shelves this morning. Strong half-year results suggest ‘Drastic’ Dave’s turnaround at the grocer is working; music to the ears of the investment faithful. Revenues in-line coupled with consensus beating opening profit (pre-exceptionals, of course), a smaller net loss and lower debt is always…
Shares in Randgold Resources (RRS) are bottom of the UK Index pile this morning as the UK’s flagship UK 100 equity index breaks above 7000 for the first time since June 2015 to trade just 80pts below last April’s 7135 all-time highs. A weak GBP is helping propel ever higher the army of international-exposed UK…
Income is an essential part of our financial lives. It allows us pay the bills and lead a certain lifestyle. Even if our bank accounts suggest otherwise, paying measly interest on what cash we keep to hand. Low bond yields have made annuities unattractive, encouraging many to take their finances into their own hands, becoming…