Wall Street creeps higher as investors await cues on tapering and inflation June 9, 2021 Wall Street’s main indexes edged higher today but a lack of clear catalysts kept trading slow while investors awaited inflation data and an upcoming Fed meeting. The Dow Jones Industrial Average was up 0.1 per cent, while the S&P 500 gained 0.2 per cent at the open. Meanwhile, the tech-heavy Nasdaq rose 0.4 per cent, [...]
How to read Bitcoin’s curves and beat the government printing process June 8, 2021 Analyst Dr Chris Kacher takes a detailed look at how Bitcoin's curves can be used to find the right time to invest.
Wall Street flat but FTSE ticks up as investors await inflation data June 7, 2021 Wall Street’s main indexes were muted this afternoon as investors stayed on the fence ahead of key inflation data this week, while tech stocks shrugged off a G7 agreement on a new global corporate tax minimum. The Dow Jones Industrial Average and S&P 500 dipped 0.46 and 0.26 per cent respectively by early evening trading. [...]
Wall Street opens higher as jobs report eases inflation concerns June 4, 2021 Wall Street’s main indexes opened higher today after data showed modest US jobs growth in May, easing concerns about an early tightening of monetary policy. The Dow Jones Industrial Average rose 0.3 per cent at the open, while the Nasdaq Composite gained 0.65 per cent. The S&P 500 added 0.5 per cent as it continued [...]
Discounter B&M shares sink despite profit doubling during Covid pandemic June 3, 2021 Discounter B&M shares sink despite profit doubling during Covid pandemic
Relative calm in crypto markets disturbed as Coinbase lets the Doge out June 2, 2021 Bitcoin continues to trade within a very narrow channel between $33k and $38k, currently changing hands at just above $37,000.
Wall Street opens higher while the FTSE 250 closes at a new record June 1, 2021 Wall Street opens higher as FTSE 250 closes at a new record
Heinz sauce making a comeback to the UK with £140m investment June 1, 2021 Kraft Heinz, the food giant behind Heinz and Philadelphia, has tabled plans for a £140m investment in Wigan’s Kitt Green, Europe’s largest food manufacturing facility today. The investment would aim to bring Heinz sauce making back to the UK to bolster its European capacity. In one of the largest post-Brexit investments in the UK, it [...]
UK and US closed today: Trading volumes low after lifeless weekend for cryptos May 31, 2021 European futures indicate a quiet session as both the UK and the US markets are closed for a bank holiday. Trading volume is expected to remain extremely lifeless, while economic numbers out of China and Japan haven’t helped the sentiment as well and it is likely that traders may not support any risker assets today. [...]
Reports: Fed warns Deutsche Bank on compliance failings May 29, 2021 Deutsche Bank bosses in the US are reportedly steeling themselves for sanctions as their compliance processes come under scrutiny from the Fed. According to reports in Bloomberg this morning, the Federal Reserve has written to Deutsche Bank telling them that risk management processes have not sufficiently improved. Read more: Exclusive: Meet the former UBS and [...]