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FTSE 100 Index
(IX:
FTSE
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6,803.87
+48.24 (+0.71%)
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/ Updated:
3:00 PM EDT, May 21, 2013
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Better News For The Manufacturing Sector Boosts Stocks
May 01, 2009
Equities regained some of last night’s losses but failed to push on after more re-assuring data from the manufacturing sector both in the US and UK. There’s not a whole lot to say about today so far,...
Read More
category
UK
,
Forex
,
Eurozone
, and 5 more.
from
DailyMarkets.com
All US Stock Indexes Chalk Impressive Gains For April
May 01, 2009
A late pre-mayday slump yesterday (Thursday) saw the US market give back earlier healthy gains as traders worried over the governments heavy handed and ham fisted handling of the Chrysler saga and the...
Read More
category
UK
,
^FTSE
,
^DJI
, and 20 more.
from
DailyMarkets.com
Swine Flu Barely Raises A Sneeze From Stockmarkets
April 27, 2009
Whilst the media is intent on whipping the world into a frenzy over swine flu, the markets have been pretty sanguine. Traders bought the lower levels in equities and forex traders have spent most of...
Read More
category
UK
,
Forex
,
^FTSE
, and 4 more.
from
DailyMarkets.com
UK Shares End The Week On A High
April 24, 2009
A good bid returned to shares with the FTSE (^FTSE) setting the pace. Sterling survived a scare story about its credit rating as an appetite for risk saw the Pound and Euro gain at the Dollar’s...
Read More
category
UK
,
Forex
,
Eurozone
, and 5 more.
from
DailyMarkets.com
No Budget Blues For The UK Stockmarket
April 23, 2009
There was widespread condemnation (even ridicule) of yesterday’s UK budget, but the only market visibly upset by it was the UK bond market. Equities flourished and Sterling improved on yesterday’s...
Read More
category
UK
,
Forex
,
^FTSE
, and 5 more.
from
DailyMarkets.com
Trading the UK Market: Good News Is Wearing Thin
April 21, 2009
The rose-tinted glasses have been replaced by something with a stronger lens. Markets are beginning to see through the haze of ‘good news’ and return to a more risk-averse standpoint. When will we...
Read More
category
UK
,
LLOY/L
,
Forex
, and 6 more.
from
DailyMarkets.com
Lull Before A Storm Of Data
April 20, 2009
There’s little today to get in the way of the current equity rally-unless Bank of America (BAC) upsets the party. FTSE (^FTSE) has re-taken the 100-day moving average and could re-test 4168. In terms...
Read More
category
UK
,
ba
,
^FTSE
, and 16 more.
from
DailyMarkets.com
FTSE Clears Another Hurdle
April 17, 2009
The damn at 4050 burst last night, giving FTSE (^FTSE) a free run at 4100. The journey was made easier by pleasing earnings from Citigroup (C) and GE (GE). In contrast to previous days, higher...
Read More
category
UK
,
^FTSE
,
GE
, and 4 more.
from
DailyMarkets.com
Another Day In The Sun For Shares
April 16, 2009
Shares took heart from better than expected earnings from JP Morgan (JPM), and the fact that the FTSE (^FTSE) is consistently finding support on any sell off. Sterling took a breather after its recent...
Read More
category
UK
,
Eurozone
,
^FTSE
, and 5 more.
from
DailyMarkets.com
Wells Fargo Earnings Gives Shares An Easter Boost
April 09, 2009
Better than expected earnings from Wells Fargo (WFC) gave shares an Easter lift. The unwinding of risk aversion saw the S&P test 850 and gold drop below its key 100-day moving average. It’s a right old...
Read More
category
UK
,
^FTSE
,
External Research
, and 8 more.
from
DailyMarkets.com
Is There Still Life In The Equity Bounce?
April 07, 2009
Glasses were definitely half-full last week as all news was good news. Equities finished the month on a high, confining the safe-haven trades to the waste bin. As quarter-end re-balancing goes, last...
Read More
category
UK
,
^FTSE
,
^DJI
, and 7 more.
from
DailyMarkets.com
Stock Market Winning Streak Snapped
April 07, 2009
Former Deutsche bank star banking analyst Simon Mayo (now with French house Calyon) put a dampener on financials yesterday by voicing his concerns that Geithner’s new plan may not offer as much hooray...
Read More
category
UK
,
Australia
,
^FTSE
, and 11 more.
from
DailyMarkets.com
Equity Rally Falters
April 06, 2009
Equities lost ground as the Dow (^DJI) dropped below 8000 and the FTSE (^FTSE) failed to hold 4000. Gold collapsed through key support levels to hit $865. The shortened week, light on economic data, is...
Read More
category
UK
,
^FTSE
,
^DJI
, and 6 more.
from
DailyMarkets.com
Mergers And Acquisitions Explained - Part 3
April 01, 2009
Following on from Part I (overview of M&A) and Part II (mechanics and process of M&A), it’s now time to look out for where we’re going to see some M&A action in the near future. It’s true to say that...
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category
UK
,
AU
,
^FTSE
, and 21 more.
from
DailyMarkets.com
Stocks, US Dollar React To Tim Gethner’s Joke
March 25, 2009
Equities are hanging in there, thanks in part to better than expected economic data. Sterling tumbled after the UK government struggled to sell bonds, and the Dollar crashed on Geithner comments before...
Read More
category
UK
,
Forex
,
Eurozone
, and 6 more.
from
DailyMarkets.com
A Timely Purchase Of Gold
March 19, 2009
There are different ways of devaluing your currency. The Swiss used market intervention; the US used a big boys’ version of the UK’squantitative easing. Gold rallied as the Dollar was smashed for six....
Read More
category
UK
,
^FTSE
,
Switzerland
, and 7 more.
from
DailyMarkets.com
Friday’s Market Recap: Stocks Gain For The 4th Straight Day
March 13, 2009
Friday’s trading marked the fourth day of continual gains as investors further regain confidence in the Nation’s banking industry since Citigroup (C) and JP Morgan (JPM) announced a profitable first...
Read More
category
FCHI
,
^n225
,
^FTSE
, and 17 more.
from
DailyMarkets.com
My Trades On The FTSE And The EUR/GBP Currency Pair
March 12, 2009
Equities and the Euro pushed aside appalling industrial production numbers from Germany. The Dow (^DJI) returned above 7000 and gold made a shining comeback, adding $20 to its price. Patience paid off...
Read More
category
UK
,
^FTSE
,
GE
, and 8 more.
from
DailyMarkets.com
Equities Pause For Profit Taking After Dow Briefly Hits 7000
March 11, 2009
The equity rally coughed and spluttered a bit; the Dow (^DJI) briefly hit 7000, but profit taking took prices lower and FTSE (^FTSE) failed to hold above 3700. The curse of the early gym continued...
Read More
category
UK
,
^FTSE
,
^DJI
, and 6 more.
from
DailyMarkets.com
Have Equities Bottomed Out?
March 11, 2009
Hi, and welcome to this week’s edition of “I Wish I’d Written This Yesterday”. My original theme was The Markets Haven’t Bottomed But They’re Overdue A Bounce. The bounce is no longer overdue! A day’s...
Read More
category
UK
,
Australia
,
^FTSE
, and 9 more.
from
DailyMarkets.com
Happy Equities Send Gold Below $900
March 10, 2009
Gold fell below $900 as equity traders took their happy pills. However, even a return of risk appetite was unable to boost Sterling. On a day of mixed fortunes my biggest frustration was in missing the...
Read More
category
UK
,
Commodities
,
Forex
, and 6 more.
from
DailyMarkets.com
Anticipating A Stock Market Rally Soon On Possible Change To Mark-To-Market Accounting Rules
March 08, 2009
US equity markets surged in the final 30 minutes of the Friday session as traders figured a possible “positive surprise” in news over the weekend might catch them short. The February US Jobs Report at...
Read More
category
UK
,
RIMM
,
LLOY/L
, and 28 more.
from
DailyMarkets.com
My FTSE Trade Pre-Release Of US Payrolls Report
March 06, 2009
Once again, the US payrolls data failed to live up to the hype. After fears of 1 million job losses, an in-line number of 651,000 suddenly seemed OK. And no-one noticed that the unemployment rate had...
Read More
category
UK
,
Eurozone
,
^FTSE
, and 4 more.
from
DailyMarkets.com
Shares Fall On GM Bankruptcy Fears
March 05, 2009
In the event, both interest rate decisions were as exciting as watching Scotland play rugby. Currencies wobbled and gold rallied as equities headed lower on fears that GM (GM) would go bust. Another...
Read More
category
UK
,
^FTSE
,
GM
, and 7 more.
from
DailyMarkets.com
Stocks Stage Global Rally On Reports That China Will Double Its Planned Stimulus
March 05, 2009
Stocks surged yesterday (Wednesday) after it was revealed that Chinese Premier Wen Jiabo would announce new stimulus measures on top of the $585 billion (4 trillion yuan) package introduced in...
Read More
category
UK
,
Australia
,
^FTSE
, and 10 more.
from
DailyMarkets.com
Death Spiral - The Sequel
March 03, 2009
Back in September and October last year, the markets crashed on the collapse of Lehman Brothers. Th governments of the world decided that it would not let that happen again, so now we have round after...
Read More
category
UK
,
LLOY/L
,
AIG
, and 7 more.
from
DailyMarkets.com
S&P Breaks 700; FTSE Dips Below 3500
March 03, 2009
The slide in equities continued with the S&P 500 (^GSPC) dropping below 700. FTSE (^FTSE) stuck a toe through 3500, but still profit-taking in gold continued. My best trade of the day was a ‘carried...
Read More
category
UK
,
^FTSE
,
External Research
, and 6 more.
from
DailyMarkets.com
Gold Market Update: Oracle Of Omaha Warns Of “Onslaught Of Inflation”
March 02, 2009
Gold rose sharply in Asia and was up by more than $10 per ounce before trading even commenced on the TOCOM - it rose from $941.60/oz to nearly $960/oz but has given up some of those gains in early...
Read More
category
AIG
,
^n225
,
^FTSE
, and 8 more.
from
DailyMarkets.com
FTSE Plunges On HSBC’s Huge Rights Issue
March 02, 2009
The FTSE (^FTSE) has plunged over 3% this morning on news of HSBC’s (HBC) huge rights issue. Together with more bad news from America and Government dithering over Lloyds Banking Group, it has been a...
Read More
category
UK
,
^FTSE
,
Stocks
, and 3 more.
from
DailyMarkets.com
The Land Of The Sinking Sun
February 27, 2009
As the world lurched from credit crunch to a full blown economic recession, Japan’s status has transformed from a non-toxic safe-haven to an export-dependent crippled economy. What went wrong? The Rise...
Read More
category
^n225
,
^FTSE
,
External Research
, and 8 more.
from
DailyMarkets.com
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