This is not as dramatic and as myopically self interested as it looks. Nor is it beyond reason… Yesterday’s allergic reaction to the devaluation of the Yuan is a reminder of how much investors have to keep in mind and how impossible it is to do that. We live in an ocean of connected facts…
The Chinese saga is only getting started, as the country surprises the markets with ever more desperate measures. After spending almost $150 billion trying to contain a stock market collapse and declaring short selling as “malicious”, China is now devaluing its currency by the most in 20 years, as exports dropped 8.3% in July. While…
– The FTSE 100 closed the day at 6,664.54, a decline of 71.68 points. – The FTSE 250 fell by 93.92 points to finish at 17,666.96. – The FTSE All Share dropped by 34.87 points to 3,638.94. – The FTSE AIM All Share finished at 754.26, a rise of 0.74 points. After yesterday’s inflation news,…
– The FTSE 100 closed the day at 6,731.84, an increase of 13.35 points. – The FTSE 250 rose by 91.00 points to finish at 17,746.83. – The FTSE All Share climbed 9.15 points to 3,671.29. – The FTSE AIM All Share finished at 752.87, a fall of 0.30 points. Chinese inflation picked up in…
It may be an exaggeration to claim that the current pension deficits of UK companies are entirely the result of the monetary policy action followed by the BoE, but it is not that far from the truth. In March 2011 the total deficit on the books of FTSE 350 companies was £20 billion. One year…
– The FTSE 100 closed the day at 6,718.49, a fall of 28.60 points. – The FTSE 250 tumbled 90.01 points to finish at 17,655.83. – The FTSE All Share slipped 15.63 points to 3,662.14. – The FTSE AIM All Share finished at 753.17, a rise of 0.61 points. The Office for National Statistics has…
In its first triple release, dubbed “Super Thursday” – a triple bill of data comprising the MPC monetary policy decision, the minutes from the decision and the inflation report – the Bank of England kept its main interest rate unchanged at 0.5pc. While the decision was widely expected, there are a few points that are…
– The FTSE 100 closed the day at 6,747.09, a decrease of 5.32 points. – The FTSE 250 fell by 29.24 points to finish at 17,745.84. – The FTSE All Share slipped 3.44 points to 3,677.77. – The FTSE AIM All Share finished at 752.56, a fall of 3.58 points. The latest minutes from the…
– The FTSE 100 closed the day at 6,752.41, a rise of 65.84 points. – The FTSE 250 climbed 40.65 points to finish at 17,775.08. – The FTSE All Share rose by 30.46 points to 3,681.21. – The FTSE AIM All Share finished at 756.14, a rise of 1.05 points. London shares rallied after US…
– The FTSE 100 closed the day at 6,686.57, a decrease of 2.05 points. – The FTSE 250 climbed 64.32 points to finish at 17,734.43. – The FTSE All Share rose by 1.61 points to 3,650.75. – The FTSE AIM All Share finished at 755.09, a rise of 3.48 points. London shares put in a…
