Moving Markets today: FTSE 100 in red to begin the year but oil rises January 3, 2024 Moving Markets Today: Asia Stocks Mirror Wall Street Decline, Apple at Seven-Week Low, Oil Prices Rise; Focus Shifts to Fed Minutes, U.S. Jobs Report, and Eurozone Inflation
Will gold continue to shine in 2024? December 29, 2023 Safe havens have never been more in demand and nowhere has this been better embodied than in gold’s performance in 2023.
Sterling could climb to $1.35 despite Bank of England interest rate cuts December 28, 2023 Lower rate expectations tend to hit currencies as it suggests investors will receive a lower rate of return on their investments, but this morning the pound climbed above $1.28 - its highest level since early August.
UK recession forecasts will send ‘chill’ for workers, shopworkers union boss warns December 28, 2023 “It is a disgrace that many are struggling to make ends meet and do not get the respect they deserve. They need a government on their side.”
Wall Street drifts higher as a strong year for markets winds down December 28, 2023 Wall Street drifted to a slightly higher close as trading remained light during the holiday-shortened week. The subdued activity in the market with two trading days left in the year is capping off a broader rally to a strong finish. The S&P 500 is coming of its eight straight winning week and is hovering just [...]
‘Expect volatility’: How will sterling perform in 2024? December 21, 2023 Traders around the world are dialling back their expectations for where interest rates will sit by the end of 2024.
Oil prices remain under pressure despite Red Sea disruption December 21, 2023 Oil prices remain under pressure.
Wall Street slams the brakes for a rare slowdown following record-setting rally December 21, 2023 Wall Street hit the brakes on its big rally on Wednesday after disappointing profit reports from companies and warnings that the market had simply gone too far, too fast. The S&P 500 slumped 1.5 per cent for its worst loss since beginning a monster-sized rally shortly before Halloween. The Dow Jones Industrial Average dropped 475 [...]
FedEx shares nosedive after dismal results December 20, 2023 Shares of global delivery giant FedEx sank as markets opened on Wednesday after a dismal set of results and outlook.
Land Rover Defender 130 V8 review: Winter warrior December 18, 2023 Off-roading in the Land Rover Defender is glorious. It was V8 heaven, a NASCAR event in the forest. You’ll miss it when it’s gone.