FTSE 100 and US stocks slip amid rising coronavirus cases September 18, 2020 The FTSE 100 and US stocks slipped as investors weighed up rising coronavirus cases and the latest decisions by the Bank of England and US Federal Reserve. London’s main stock index fell 0.5 per cent to 6,017 points at 3pm. Mid-cap firms were hit harder, with the FTSE 250 dropping one per cent. Read more: [...]
London Stock Exchange in exclusive talks with Euronext over Borsa Italiana September 18, 2020 The London Stock Exchange has entered exclusive talks with Paris-based Euronext about selling Borsa Italiana, Italy’s only stock exchange, it announced today. It comes as the London Stock Exchange (LSE) tries to win European regulatory approval for its $27bn (£21bn) purchase of data provider Refinitiv. The LSE announced in July that it may sell MTS [...]
Travel stocks hit turbulence amid UK lockdown fears September 18, 2020 Travel stocks took a fresh beating in early trading this morning amid rising fears that the UK could be set for a new nationwide lockdown. British Airways owner IAG led the FTSE 100 fallers this morning, tumbling more than eight per cent. Budget airline Easyjet was also down almost seven per cent, while rivals Ryanair [...]
Oil prices reverse losses as Opec cracks down on over production September 17, 2020 Global oil prices sprung upwards this afternoon after producer group Opec+ said that it would crack down on those countries which did not comply with its record output cuts. Delegates are also planning an extra meeting in October if global oil markets weaken again, further reassuring traders. Worldwide benchmark Brent crude reversed its losses and [...]
FTSE 100 and US stocks slide following central bank announcements September 17, 2020 The FTSE 100 continued trading in the red after the Bank of England announced it would keep monetary policy on hold, while Wall Street opened lower as tech stocks slumped. The blue-chip index dropped 0.7 per cent before inching up marginally to trade down 0.4 per cent after the bank said the economy’s recovery had [...]
Lithium firm makes ‘globally significant’ find in Cornwall September 17, 2020 A Cornish company has found “globally significant” grades of lithium in England’s westernmost county, in what could be a crucial discovery for the country’s battery technology industry. The aptly-named Cornish Lithium, which was founded four years ago, said that initial results from its exploratory work indicated “some of the world’s highest grades of lithium and [...]
FTSE 100 falls but US stocks rise ahead of Fed decision September 16, 2020 The FTSE 100 fell but US stocks opened higher as investors awaited the latest decision from the US Federal Reserve and digested more economic data. London’s main stock index dropped 0.6 per cent to stand at 6,067 points just before 3pm. The FTSE 250 of mid-cap companies fell 0.1 per cent. Read more: UK inflation [...]
FXCM stock baskets offer cream of the crop industry stocks September 16, 2020 | City Talk It’s been months now of lockdown, and with the majority of the world spending more time working from home with CNN, BBC and Bloomberg playing on the TV in the background, it is no surprise there has been a surge in new day traders looking to take advantage of the current market volatility by beginning [...]
Is crypto trading making you overweight? Use a basket September 16, 2020 | City Talk Cryptocurrencies haven’t disappeared like some thought they would. If anything, its appeal as an asset class continues to grow. Customer interest in cryptocurrencies has spiked during all the volatility surrounding the COVID-19 pandemic. Cryptocurrencies are here to stay. So, you want in… but where to begin? There are two questions one needs to answer: how [...]
In 2020, How Can Anyone Afford to *Trade* Amazon’s Stock? September 16, 2020 | City Talk In July 2020, Amazon’s stock was over $3,000 per share. With disposable income at a premium in 2020, how can anyone actively trade this stock? For most retail traders it is just too much money locked up on a daily basis. You could find a broker who allows you to trade a full share with [...]
