FTSE 100 live: London takes fright as Powell testimony scares off blue chip investors March 9, 2023 London’s main index took another step back on Thursday as a second day of testimony in front of Washington lawmakers by Federal Reserve chair Jerome Powell largely stuck to the hawkish tone of the previous day. The FTSE 100 was last at 7,868.64, down 61.28 points or 0.77 per cent while the FTSE 250 which includes [...]
FTSE 100 close: Wall Street sell off tames London index after Powell rate warning March 8, 2023 London’s FTSE 100 was tamed today by a sell off that gathered pace in Wall Street last night after US Federal Reserve chair Jerome Powell signalled outsized interest rate rises could be back on the menu. The capital’s premier index squeezed out a 0.13 per cent gain to close at 7,929.93 points, while the domestically-focused [...]
Hugh Jackman, 54 shares 6,000 calorie diet as he trains for Wolverine March 8, 2023 Hugh Jackman might be 54 but he’s taking no shortcuts as he trains to play Wolverine again. Jackman is “bulking” by eating food that’s heavy with protein ahead of filming for the third instalment of the Deadpool franchise which starts later this year. Taking to Twitter, Jackman shared a photo of a collection of carefully [...]
Crypto markets respond to latest US inflation numbers March 8, 2023 The price of Bitcoin was falling from $22,012 this morning, while Ethereum is valued at $1,554 as crypto markets respond to interest rate news.
FTSE 100 close: Powell interest rate warning drags London index into the red March 7, 2023 London’s FTSE 100 was muted today as investors sweat over whether Fed chair Jerome Powell’s warning that US interest rates will stay higher for longer means other central banks will follow suit. The capital’s premier index closed 0.13 per cent lower at 7,919.49 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned [...]
Federal Reserve chair Powell warns of ‘higher than expected’ rate peak and steep hikes to stun inflation March 7, 2023 The US Federal Reserve is prepared to heap more pressure on the world’s largest economy by returning to steep interest rate hikes to contain inflation, its chief warned today. Jerome Powell, chair of the Fed, said the world’s most influential central bank is “prepared to accelerate rate hikes” if the pace of price increases in [...]
Sleepy crypto markets as Fed Chair heads to Congress March 7, 2023 Bitcoin is trading for $22,422 this morning, up by a barely noticeable 0.13% as markets continue to move sideways.
Stick or twist: Silver investors await speech from Fed chief before making moves March 6, 2023 Silver investors are seemingly waiting for Federal Reserve chairman Jerome Powell testimony to Congress later this week.
A decentralised world brings economic efficiency, economic proficiency, stability, and peace of mind – Part 1 March 6, 2023 In a two-part series, Dr Chris Kacher examines and explains how a decentralised world could work - part one is about the metaverse.
Food shortage: Tesco, Sainsbury’s, Asda, Lidl and Morrisons warn salad will not be on the menu for ‘a few weeks’ March 1, 2023 Brits are being advised to avoid salads for the next “few weeks” as supermarkets have kept restrictions in place on tomatoes, peppers, cucumbers and lettuce. Reports of adverse weather conditions in the Mediterranean has forced Tesco, Sainsbury’s, Asda, Morrisons and Lidl into restricting the sale of produce. This comes after social media users took to [...]