Crude Oil has had something of a nightmare start to the New Year in the wake of the failure to pierce above $100 a barrel last month. So far, this may just be a little seasonal wrong footing for traders, helped along by the run up to the latest U.S. inventory numbers and Libya’s supply…
Risers: Next +10.26% Clothing retailer, Next PLC, is currently leading the FTSE 100, up significantly by 10.26% after raising its FY pretax profit forecast due to a bumper Christmas period. Strong online deliveries were the reason for the boost in sales over the festive period and the company has announced a special 50p per share…
Following one of the worst financial crises the word has seen since 1929, the rebound that the US equity markets in particular have seen from the devils number itself – 666 in March 2009 has been pretty impressive. In fact, the current bull market looks to be on course to be one of the strongest…
2014 has gotten off to a less than inspiring start after global headline indices returned gains gathered over the last week or so. Along with European shares, U.S equities declined on January 2nd for the first time since 2008. The S&P 500 surged 30 percent in 2013, finishing the year at an all-time high for the first…
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Today’s blog has been inspired by the following contents of an email which I presumably received on the basis that I am a very important editor of a very important financial publication – Spreadbet Magazine. What is to follow is of interest not only in itself, but also course in the wake of the ongoing…
Risers: New Trend Lifestyle Group +82.61% New Trend Lifestyle Group has appointed Matthew Pau as a Non-executive director. The group has also revealed today, following a recent disposal, Menora Trading Limited is interested in 3,066,667 ordinary shares representing 3.07% of the issued share capital of the company. Urals Energy +7.14% Russian oil group, Urals Energy,…
After its worst performance in more than 30 years, gold began 2014 on a stronger note recouping some 1.5% of its value last night. The buying spilled over into silver and copper, with dealers talking of Chinese demand for commodities in general. Meanwhile, focusing on Europe, regional shares have erased gains seen over the last…
