Inside the City of London’s first residential properties in 10 years February 23, 2023 There’s no need to take the Tube home, a bout of new properties are opening in the City of London To the uninitiated the City of London is unfairly thought of as an endless stream of glass-fronted office blocks from which chaotic workers stream, headlessly going between meetings, their only reward being the Tube journey [...]
Volatility returns to crypto markets and Bitcoin is back over $24k following mixed inflation info February 23, 2023 Bitcoin retraced after the Fed’s mixed messaging of slowing markets with persistent high inflation before rallying again to $24,454.
FTSE 100 close: Wall Street sell off spreads to London pushing premier index further away from 8,000 point mark February 22, 2023 London’s FTSE 100 was drawn into a sell off on Wall Street last night, pushing it further below the 8,000 point threshold today. The capital’s premier index fell 0.59 to 7,930.64 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, slid 0.82 per cent to [...]
Crypto investors look through hawkish Fed minutes to focus on fundamentals February 22, 2023 Experienced crypto investors will be prepared to look through any near-term inflation and interest rate news, says Nigel Green.
FTSE 100 close: Barclays and Lloyds Bank help London index kick off new week in the black February 20, 2023 London’s FTSE 100 kicked off the week with a positive start, led higher by Lloyds Bank and Barclays which both rose ahead of UK banks’ earnings season ramping up. The capital’s premier index nudged 0.12 per cent higher to 8,014.22 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health [...]
ChatGPT might’ve broken the internet – and it could also own anything you create with it February 17, 2023 You could even get sued for defamation for information created by ChatGPT.
Why is the UK economy poised to tumble into a recession and fall behind Europe, US and even Russia? February 16, 2023 Britain avoided a much-tipped recession at the end of last year. Phew. “However, we are not out of the woods yet,” warned Chancellor Jeremy Hunt after last Friday’s GDP figures from the ONS revealed the economy stagnated at the end of 2022, meaning it narrowly avoided the technical recession definition of two consecutive quarters of [...]
US inflation eases for seventh straight month but pace of decline loses momentum in headache for Fed February 14, 2023 US inflation eased for the seventh month in a row in January, but the pace of decline is beginning to level off, official figures out today reveal. The pace of price increases in the world’s largest economy on an annual basis fell to 6.4 per cent, down from 6.5 per cent, according to the US [...]
Gold prices rebound as investors hope for softer US rate rises February 9, 2023 Despite continued rate rises from the US Federal Reserve, gold prices are recovering as other central banks around the world buy-up the precious metal and investors foresee softer rate hikes.
FTSE 100 close: BP propels London index to record high as UK set to swerve recession February 8, 2023 London’s FTSE 100 pumped to a record intraday high today led higher by oil giant BP and investors globally cheering signs that central banks are nearing the end of their interest rate rises. The premier index hit its record intraday high of a shade over 7,925 points at the open in the City today. It [...]