I had a theory that I wanted to test. It was the idea that weather might affect the attitude of traders in London and New York. For example, if it was raining we might expect the day to be more lacklustre than if it was sunny. I wondered if there was any kind of correlated…
– The FTSE 100 closed the day at 6,696.28, an increase of 27.41 points. – The FTSE 250 rose by 156.40 points and finished at 17,677.40. – The FTSE All Share grew by 17.51 points to 3,652.79. – The FTSE AIM All Share finished at 751.16, a rise of 0.99 points. Lloyds Banking Group (LLOY)…
While everyone is concentrating in Greece and the actions taken by the US Federal Reserve, Emerging Markets are collapsing silently. The cracks in the developing economies are deeper than most realise and the risk of a 1997-like currency crisis may catch many by surprise in a not-so-distant future. Instead of achieving a strong financial position,…
I was talking to a friend about mortgage rates the other day and they were wondering what would happen to interest rates. The short answer is the same as it is in the US. So how likely is it that US interest rates will rise? Increasingly likely I would say. Which in turn would lead…
– The FTSE 100 closed the day at 6,675.76, an increase of 44.76 points. – The FTSE 250 rose by 23.13 points to finish at 17,535.94. – The FTSE All Share grew by 20.29 points to 3,638.74. – The FTSE AIM All Share finished at 749.92, a rise of 0.76 points. Intercontinental Hotels (IHG) boosted…
– The FTSE 100 closed the day at 6,631.00, an increase of 75.72 points. – The FTSE 250 rose by 124.92 points to finish at 17,512.81. – The FTSE All Share grew by 38.41 points to 3,618.45. – The FTSE AIM All Share finished flat at 749.16. Tullow Oil (TLW) will not pay an interim…
– The FTSE 100 closed the day at 6,555.28, an increase of 50.15 points. – The FTSE 250 rose by 120.33 points to finish at 17,387.89. – The FTSE All Share grew by 25.56 points to 3,580.04. – The FTSE AIM All Share finished 1.39 points higher at 749.16. The UK Economy grew by 0.7%…
Eugene Fama has spent his life collecting evidence and theorising markets’ rationality. He believes that even if there are some naive investors in the market, who just trade for the sake of it, there is at least one group of informed investors that will drive prices to fundamental values and eliminate any price distortions. Under…
– The FTSE 100 closed the day at 6,505.13, a decrease of 74.68 points. – The FTSE 250 fell by 231.55 points to 17,267.56. – The FTSE All Share sank 41.43 points to 3,554.48. – The FTSE AIM All Share finished 7.16 points lower at 747.76. The Chinese stock market saw its biggest falls since…
– The FTSE 100 closed the day at 6,579.81, a fall of 75.20 points. – The FTSE 250 fell by 119.99 points and finished at 17,499.11. – The FTSE All Share sank 8.47 points to 3,631.05. – The FTSE AIM All Share finished 1.36 points lower at 754.92. Lonmin (LMI) shares tumbled 17.88% to 62p…
