– The FTSE 100 closed the day at 5,923.55, a decrease of 35.31 points. – The FTSE 250 fell by 151.40 points to finish at 16,462.76. – The FTSE All Share dropped by 21.24 points to 3,267.38. – The FTSE AIM All Share finished at 720.44, down by 6.28 points. Outsourcing specialist Mitie (MTO) said…
Central banks have been so fixated on fighting inflation that they have killed it completely. Now they have the reverse problem and need to find ways of generating it again. But, at a time when interest rates are already near zero, central banks need to jump into the unknown world of unconventional measures where quantitative…
– The FTSE 100 closed the day at 6,109.01, an increase of 147.52 points. – The FTSE 250 rose by 285.34 points to finish at 16,799.87. – The FTSE All Share climbed by 75.11 points to 3,361.43. – The FTSE AIM All Share finished at 732.87, up by 3.98 points. A report from Capital Economics has…
– The FTSE 100 closed the day at 5,961.49, a decrease of 70.75 points. – The FTSE 250 fell by 145.32 points to finish at 16,514.53. – The FTSE All Share dropped by 36.93 points to 3,286.32. – The FTSE AIM All Share finished at 728.89, down by 2.22 points. Budget retailer Poundland (PLND) said…
Bill Gross from Janus Capital (ex:PIMCO) has heavily criticised central banks for failing to foresee the consequences of conducting a zero interest rate policy (ZIRP) for too long. They’re destroying “the savings function of capitalism, which is a necessary and in fact a synchronous component of investment”, as “accustomed to Taylor Rules and Phillips Curves,…
– The FTSE 100 closed the day at 6,032.24, an increase of 96.40 points. – The FTSE 250 rose by 129.87 points to finish at 16,659.85. – The FTSE All Share climbed by 46.95 points to 3,323.25. – The FTSE AIM All Share finished at 731.38, up by 0.87 points. Brewer Diageo (DGE) warned that…
– The FTSE 100 closed the day at 5,935.84, a fall of 172.87 points. – The FTSE 250 fell by 363.33 points to finish at 16,529.98. – The FTSE All Share dropped by 89.21 points to 3,276.30. – The FTSE AIM All Share finished at 730.51, down by 9.31 points. Soft drinks firm AG Barr…
– The FTSE 100 closed the day at 6,108.71, an increase of 4.60 points. – The FTSE 250 fell by 57.42 points to finish at 16,893.31. – The FTSE All Share dropped by 0.17 points to 3,365.51. – The FTSE AIM All Share finished at 739.82, down by 2.27 points. Telecommunications outfit Inmarsat (ISAT) has…
Is there anybody who still believes the FED will hike rates this year…? The next? With the latest developments in mind, I dare to say the FED may be closer to another round of QE or even to setting negative rates than to a rate hike. Yesterday’s FOMC meeting and policy announcement not only kept…
– The FTSE 100 closed the day at 6,104.11, a decrease of 82.88 points. – The FTSE 250 fell by 92.72 points to finish at 16,950.73. – The FTSE All Share dropped by 39.85 points to 3,365.68. – The FTSE AIM All Share finished at 742.09, up by 1.36 points. The US Federal Reserve decided…
