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European investors smiled with optimism today after a statement from the US FOMC suggested yesterday that stimulus measures would continue until the labour markets shows a significant improvement and also refused to provide a timetable for winding down stimulus measures.  Although officials failed to provide any new information, the fact that officials did not indicate…

Today is a big day over and above it seeing the publication of  Spreadbet Magazine’s August edition. Apparently it is “National Orgasm Day” (true!) and it is not a marketing ploy by Ann Summers to highlight the miseries of faking it (not that Mrs Mir would know this!). But at least as far as second…

As a result of global central bank policy, the rich got richer, and the poor kept on getting poorer, even though as we predicted the global political powers would, at least superficially, seek to enforce policies that aimed to reverse this wealth redistribution from the poor to the rich (a doomed policy as the world’s…

By Ben Turney We’ve just heard that US GDP in the last quarter grew by 1.7% against a projected figure of 1.1%. Even though the unexpected gain was negated by Q1’s downward revision of 0.7% to 1.1%, this number is still fairly decent. Of course when I say “decent” I don’t mean by historical standards,…

Global markets continued to push forward today, but marginally, as key resistance levels impacted any substantial gains.  Updates from Diageo and Tullow captivated investors’ confidence in the equity markets and research notes which showed that UK-listed companies’ earnings seem to be beating European companies’ earnings for this quarter also provide bulls with further ammunition.  The…

Yesterday’s news of a £5.8 billion pound rights issue from Barclays, which it announced alongside its interim results, reminded UK investors that we are far from out of the woods where this crucial sector of the UK economy is concerned.  Barclays has decided to raise capital through a heavily discounted issue of new shares and…

The Chinese experiment is over—at least that’s what some in the financial media are saying. Well, guess what? It’s not over, but there will be hurdles along the road for China, as the country struggles to drive its domestic consumption and make sure the economy doesn’t tank.  The reality is that what happens in China…

Chinese stocks extended monthly gains during the Asian session overnight helped by property shares which rallied on speculation the government may loosen property curbs. However, the majority of other Asian markets declined ahead of the US economic growth data and the conclusion of a Federal Reserve policy meeting later today.  Early figures this morning showed…