THE S&P 500 snapped its eight-day winning streak yesterday after disappointing sales from Coca-Cola, while investors turned cautious on the day before the Federal Reserve chairman’s congressional testimony.
ONE Chinese economist suggested on Monday that five straight quarters of growth at less than 8 per cent was “a clear sign of financial distress.” I would dare him to say the same to the Spanish Prime Minister.
BRITAIN’S blue-chip stock index recorded a six-week closing high yesterday, with banks leading the advance after strong results from US bank Citigroup improved investors’ outlook on the financial sector.
AFTER the latest Federal Open Mark Committee minutes, and Fed chairman Ben Bernanke’s reiteration that easy monetary policy “is needed for the foreseeable future,” we remain in an environment favourable to equities.
BRITAIN’S top share index hit a five-week closing high yesterday, bolstered by mining stocks, after the US Federal Reserve chairman Ben Bernanke signalled a commitment to monetary stimulus for the foreseeable future.
THE S&P 500 index and the Dow industrials closed last night at record highs, a day after Federal Reserve chairman Ben Bernanke said the Fed will keep a loose monetary policy for some time to lower the unemployment rate.
THE TOP share index ended slightly weaker yesterday, led lower by miners as disappointing Chinese trade data raised fresh concerns about the pace of growth in the world's biggest metals-consuming country.
The UK’S blue chip share index rose to one-month highs yesterday, backed by a fresh batch of strong domestic data and with heavyweight mining stocks cheered by forecast-beating results from US peer Alcoa.
US STOCKS rose for the fourth session in a row yesterday as investors bet that companies will be able to surpass the low bar set for earnings season, leaving room for better-than-expected results that could drive the rally further.
BRITAIN’S top share index rallied in thin volume yesterday as speculation about the divestment of the government’s stakes in Royal Bank of Scotland and Lloyds Banking Group lured buyers into UK lenders.
BRITAINS’ top share index posted its biggest gain for 20 months yesterday, boosted by cyclical financial, oil and mining stocks after the Bank of England and the European Central Bank signalled extended periods of monetary stimulus.
EUROPEAN stocks posted their biggest one-day jump in 11 months yesterday after central banks in Britain and the Eurozone signalled that, unlike the United States, they are in no hurry to unwind stimulus.
IT’S a big week for UK monetary policy. Mark Carney has just taken over as governor of the Bank of England and he’s got a lot to prove. He attends his first rate setting meeting on Thursday, but faces a delicate decision.
PANIC selling on fears of an early exit of the US Federal Reserve’s stimulus efforts may be over, but the stock market may still face wild intraday swings as investors scramble to position themselves for Friday’s payrolls report.
US STOCKS climbed for a third straight day yesterday after comments from several Federal Reserve officials soothed concerns that the central bank would begin to reduce its stimulus efforts in the near future.
BRITAIN’S top share index finished higher for a second straight session yesterday, with soothing comments from central banks reassuring investors that the accommodative monetary policies would stay longer.
US stocks climbed for a second straight day yesterday as a downward revision in the growth rate of gross domestic product soothed investors’ concerns that the Federal Reserve would begin to withdraw its stimulus in the near future.
THE UK’S benchmark share index rebounded yesterday from five and a half month lows, with cruise ship group Carnival leading the gainers, after steps by China to reassure markets over its money supply lifted sentiment.
U S STOCKS rose by the most in nearly two weeks yesterday, after data showed business investment and the housing recovery continued apace, reassuring investors worried about the Fed’s plans to reduce its massive monetary stimulus.
EVERYONE wants to own a property in London. Over the last 12 months, prices have increased by 8 per cent, and since 2009, prices have increased by 57 per cent. Has everyone forgotten the property bubble of the late 1980s?