Daily Market News: Stocks deflated after Central Banks’ outlook LeapRate

September 18, 2020 BY Valentina Kirilova

Daily Market News: Stocks deflated after Central Banks’ outlook

What to watch Informa: Business intelligence and events business Informa is down more than 50% year-to-date, as the pandemic has decimated its ability to generate revenue from conferences and other exhibitions. The London-listed firm delivers its latest set of quarterly earnings on Monday. This week, JPMorgan Cazenove downgraded its rating on the stock to neutral,…

July 03, 2020 BY Valentina Kirilova

Daily Market News: US stocks close short week on a high after jobs report beats expectations

Banking stocks help FTSE 100 higher London-listed shares were buoyed by positive employment figures in the US, as the UK’s biggest companies make a substantial portion of their revenues from the US. The FTSE 100 jumped 1.3%, although it is still down 17.3% year-to-date, lagging far behind the major US indices. Banking, travel and retail…

June 10, 2020 BY Valentina Kirilova

Midweek data preview: record contraction of GDP in the eurozone

Cable, four-hour Having made a fresh three-month high around $1.275 overnight, the pound has now retreated somewhat against many currencies today including the dollar. More news of the UK’s lockdown being eased is awaited, and a general weakening of “risk on” so far today has weighed on the pound somewhat. No real progress was made…

July 11, 2016 BY Valentina Kirilova

Weekly overview: Another strong week for Asian shares, near 2-month low for Oil

Asia stocks were up again as upbeat U.S. jobs data calmed immediate concerns about the health of the world’s largest economy. Japan’s Nikkei jumped 4.5%, which happened to be its highest daily gain in 3 months. Hikaru Sato, a senior technical analyst at Daiwa Securities, commented: Abe's victory boosted confidence in investor sentiment, and winning…

July 04, 2016 BY Valentina Kirilova

Weekly overview: Gold and Silver hit record heights as investors seek precious metals as haven following Brexit

Silver has jumped 47% this year, hitting a new record high last Tuesday, vaulting as much as 7% above $21 for the first time since 2014. Gold increased with 1.2% to $1,357.63 an ounce – assets in gold ETFs are at their highest level now for more than 2 years. According to Bob Takai, president…

Tag: Asian shares