BRITAIN’S blue-chip index closed flat yesterday after staging a late recovery on talk that Greece was making progress towards securing a bailout deal and avert a messy default.
The FTSE 100 gauge ended the session 1.94 points lower at 5,...
Wealth Management
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Wednesday 8th February 2012, 1:55am
US stocks rose slightly yesterday, but with the outcome of discussions on a bailout package for Greece uncertain, investors are unlikely to make big bets in coming days.
The Dow Jones industrial average was up 33.07 points, or 0.26 per...
Wednesday 8th February 2012, 1:53am
THE Reserve Bank of Australia caught the markets by surprise after holding interest rates yesterday – contrary to the expected cut.
With December retail figures contracting, house prices dropping an average of 4.8 per cent year-on-year and...
Wednesday 8th February 2012, 1:52am
THE euro-dollar pair continues to hold onto ground above the $1.3000 level, but the nerve of the bulls is being tested as discussions in Greece drag on. Recent data has indicated that there are fewer euro shorts than there were at the beginning...
Tuesday 7th February 2012, 1:21am
MINERS dragged Britain’s top share index lower yesterday, after doubt surfaced about Glencore’s potential merger with Xstrata, while banks waned in the absence of a debt deal for Greece.
The FTSE 100 index ended down 8.87 points, or 0.2...
Tuesday 7th February 2012, 1:20am
US stocks closed slightly lower yesterday as lingering questions about Europe’s debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally.
The S&P has risen about seven per cent so...
Tuesday 7th February 2012, 1:11am
AS THE buzz continues about the Facebook public offering later this year, IG Markets is offering grey market trading on the social networking site’s market cap. The grey market allows shares to be traded on an unofficial market ahead of the IPO...
Tuesday 7th February 2012, 1:09am
ANOTHER week has passed by without a deal from Athens and the currency markets are clearly starting to suffer from headline fatigue. While the risks are quite serious, the markets continue to believe in an 11th hour deal – which is why the...
Tuesday 7th February 2012, 1:08am
INVESTORS in housing firm Bellway will be hoping that the company won’t be dropping any clangers tomorrow when it releases its latest trading update, but instead will be looking for signs that the future is still relatively appealing. The last...
Tuesday 7th February 2012, 1:06am
AS CHINA’S economic power grows, its authorities are increasingly willing to punch their weight on the international stage. The decision to direct Chinese airlines to ignore the European Union’s carbon-emissions system is a slap in the face. But...
Editor's Letter
Allister Heath
UK can’t count on others messing up
THERE are two ways a country can do well. The first is to introduce domestic policies that boost work,...
