The FTSE 100’s push for a new all-time high is being held back by a recently emboldened Sterling and the FTSE chart indicates the index may slip lower in the short-term.
I have differentiated numerous times before, but there is an important distinction between a technical break that occurs simply because it runs out of room versus one that develops behind a fundamental charge. It is […]
European stocks ended higher on Wednesday as investors focused on earnings and also paid attention to the upcoming Federal Reserve meeting. Traders were also pricing in a weak reading on the eurozone’s first-quarter economic growth, […]
The Pound slipped and FTSE 100 edged up Tuesday morning despite record employment figures, while wages outstrip inflation for the first time in a year.
The Pound slipped and FTSE 100 edged up Wednesday morning following a run of February data. In the three months to February, the total UK trade deficit (goods and services) had widened by £0.4bln to […]
Stocks across Europe closed with a third consecutive decline on Thursday, dropping amid a batch of weak corporate earnings reports. The pan-European STOXX 600 slumped 1.26 percent by the close, with every sector reporting sharp […]
The market swoon has been brutal, but the FTSE is finding its footing at an important line of support, still has work to do to put itself in good posturing, bounce for just now.
The recent sharp sell-off in the UK FTSE 100 has taken the index near to an important support level. And with the Bank of England ‘Super Thursday’ looming next week, will it hold?
There’s little correlation between how an analyst rates a stock and how it subsequently performs — but that might not be the problem it sounds. An analysis of the FTSE 100 lays bare the extent […]
European stocks ended lower on Wednesday, as investors priced in new corporate news, while keeping an eye on recent political developments. The pan-European STOXX 600 fell 0.5 percent provisionally, with most sectors and major bourses […]