Scheduled economic news most likely to move markets today China – consumer price data UK – manufacturing, trade balance and industrial production data due at: 09:30 (BST) UK – GDP – Gross Domestic Product figures due at: 09:30 (BST) Germany – bond auction U.S. Fed’s chair Powell speech due at:Read More →
The U.S. earnings season is almost upon us and this data will likely move markets more so than usual My dilemma is what the Fed will do regarding interest rates in either of these ‘what if scenario’s…‘ And the dilemma is… First – What if we see weaker than expectedRead More →
In June the price of gold hit a six year high and trickled above $1,400 Amid growing fears of an interest rate cut leaving savers with even lower returns and with concerns that the stock market is slowing, more and more investors are turning to gold as a safe haven.Read More →
There is no quick fix to debt I’ve been there. I’ve lived it. I hate it. I never want to go back there again. Debt can spiral out of control, taking you down to the darkest depths of despair. It slowly eats away at your life! Don’t let it! YouRead More →
Stock markets update Thursday 4th. July 2019 U.S. stock markets closed. NIKKEI – closed at: 21702 FTSE 100 – closed at: 7603 DAX – closed at: 12630 DOW – futures settled at: 26992 S&P 500 – futures settled at: 2999 U.S. indices open again at 23:00 (BST) Investors are bettingRead More →
Bitcoin trading ban? The Financial Conduct Authority (FCA) wants to stop retail customers from buying financial instruments that are tied to cryptocurrencies such as Bitcoin. The value of cryptocurrencies can be extremely volatile, which could potentially leave traders who invest in derivatives of crypto currencies with significant losses. Financial ConductRead More →
Sterling The value of sterling slipped Wednesday 3rd. July 2019 after the Bank of England warned that a global trade war and a no-deal Brexit were growing risks to the UK’s economy and may require a response. FTSE 100 The FTSE pushed up to touch 7620 in intra-day trading asRead More →
Bitcoin cryptocurrency volatility update Bitcoin volatility continues. The cryptocurrency fell to a low of around $9,800.00 on Tuesday (2nd. July 2019), that’s approximately a $4,400 drop from its most recent high of $14,200 (26th. June 2019). Bitcoin started its plummet on Wednesday, crashing nearly $2,000 in minutes as a problemRead More →
The price of gold per ounce slipped back after U.S. and China agreed to resume trade talks. Safe-havens are in less demand as equity markets received a lift from the trade truce agreed Saturday 29th. June 2019 between President Trump and President Xi Jingping at the G-20. GOLD: $1,390.00 atRead More →
Inflation data for the United Kingdom, United Sates and European Union United Kingdom current inflation figure: 2.1% – Target 2% Previous inflation figure 17th July 2019 was 2% Latest inflation figure 2.1% – data released 14th August 2019 United States current inflation figure: 1.8% – Target 2% Previous release 11thRead More →