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Steady start to trading expected despite Wall Street sell off

With the Dow Industrials closing down 143 points at 12,411, expectations last night were for another weak start on European…

Weekend reading – courtesy of FatProphets

Markets remained upbeat, spurred on by the first rate cut by the Central Bank of China since 2008. The S&P…

Bernanke testimony dampens market mood

The US market fell off its highs, Asian stocks are down overnight and European futures are down because of Ben…

Ithaca Energy doubles North Sea production as Athena field fires up

North Sea oil producer, Ithaca Energy, saw its shares hit £1.10 yesterday. The shares have fallen from over £1.75 in…

Furious Plus shareholders claim management have misled the market

Shareholders in Plus Markets, the embattled junior stock exchange, say they feel misled by the company’s management over its financial…

Is the G7 conference call the start of a eurozone debt resolution?

All eyes are on the emergency G7 finance minister conference call tonight  with Germany pressuring Spain to take emergency aid…

4 charts to consider

Four charts shedding light on:-i) Spain 10-year yields heading towards 7%ii) BRICS are insufficient to hold up the global economyiii)…

key technical levels & MARKET TRENDS

Market Trends Cash prices except Crude Oil (July) S&P 500 EUR/USD Gold Crude Oil Trend Up Down Down Down Buy…

GBP/AUD TECHNICAL OVERVIEW

Good news over the weekend from Greece sent the futures higher this morning and major European indices opened with a…

key ftse technical levels

Cash prices 7th resistance 5820 Previous high 6th resistance 5735 Previous resistance line 5th resistance 5603 61.8% Fib retracement 4th…