|
||||||||||
|
Inflation fell less than expected in August to 1.6 per cent after rising fuel off set a decline in utility and food bills. The Consumer Prices Index (CPI) measure of inflation – the labour Government’s preferred measure – fell from 1.8 per cent in July and below the 1.4 per cent expected by analysts. Retail Prices Index [...] Wall Street ticked higher in early trades as the latest report on jobless claims turned out to be better than expected and retail sales improved. The Dow Jones was up 62.13 points at 8,801.15 at midday in New York, the S&P; 500 was up 8.57 at 947.72, and the Nasdaq was up 11.48 at 1,864.56. A Labor [...] Lots of positives in the global markets this morning. Firstly we have seen the Nationwide House price index survey show a surprise bounce as the average house price rose 1.2% in May- this is the strongest monthly gain for 19 months. Although this is a good indicator that the severe downturn in the property market may [...] Markets foundered today as the United Nations condemned North Korea’s nuclear test and investors awaited more clues about the health of the world economy. Tensions on the Korean Peninsula showed no signs of easing after the UN Security Council criticized North Korea’s test of a nuclear bomb as a “clear violation” of international bans. But the [...] Overnight the UK government has hinted it may look to sell a portion of the debt it has taken on in the nationalised UK banking sector. Over in the US the feel good factor continues as the Treasury Secretary Geithner adds to the Growing Belief that we have turned the corner. This, added to bullish [...] Another day and more record lows for GBP/euro are currently at all time lows. This cross is trading in uncharted territory and is struggling to find support with many expecting to see parity before the year is out. However, UK retail sales just out at better than expected levels (0.3% versus -0.6%) should lend support [...] Where does Loans Calculators start? Well, following the recent positive trend in consumer confidence (which, as pointed out in previous posts, is seemingly just on the back of lower oil and petrol prices) the market was jolted back to the dreadful reality of the manufacturing and retail sectors with very weak data and further job [...] In terms of volumes and liquidity left us trading very tight ranges yesterday and with tradition dictating an early close today in the US equity markets and with a lot of the rest of the workforce extending the holiday into the weekend, we are destined for another quiet one. There is also very little data [...] Oil hit 6 month highs yesterday as the developing news story of the week, the capture of 15 British Sailors by Iran, continues to threaten supply. The price of Light Sweet Crude rose to $66 per barrel and Brent Crude to $67 per barrel. Iran is the world’s 4th largest exporter of oil and although [...] Interest rates in the UK strengthened on expectations that an inflation report released today will show consumer price in the U.K. held near the highest in 10 years last month. The U.K. currency cancelled out a three-day losing run against the euro following strong data released in the UK yesterday morning, most notable of all [...] Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
|
||||||||||
|
As you would expect from an ethical company which is passionate about providing an excellent customer service, our website meets the W3C Organisation's requirements for good website design and accessibility standards. You can check our current pages for yourself by clicking on these logos:
|
||||||||||
