Series of record finish on the Wall street which we have seen last week, is stimulating the European markets on the first trading day of the week. Asian markets also traded in a positive territory for another day on the back of the Iranian deal which shows that the sanctions could be reduced on Iran and…
Read MoreThe S&P 500 has jumped to a new intra-day record of 1773.5 on the back of strong Q3 earning from Macy’s – the largest American Dept. Store. The index was down in early trade, but reversed this decline following the earnings releases and on expectation of a dovish statement by Janet Yellen tomorrow at 15:00…
Read MoreFollowing the U.S jobs report on Friday Asian stocks fell in fear of the possible Fed tapering plans announced by FED President Ben Bernanke. Investors are cautious about when the possible tapering will start which means that the Fed will also begin to start reducing their bond purchasing scheme. Investors will be monitoring the results…
Read MoreAccording to the U.S unemployment news today at 13:30 GMT, It has reported that a total of 204,000 jobs was created in the month of October. The rate was previously forecasted to be 121,000 but shocked economics and investors when the news broke out. The release date was delayed by a week, it was widely expected that the…
Read MoreThis year’s biggest IPO went off without a hitch yesterday as Twitter shares began trading on the New York Stock Exchange (NYSE) just under 1 hour after normal trading began on the Exchange. Initially Twitter’s stock price was estimated between $17 and $20, revised up during the week to $23 – $25 but on the…
Read MoreBitcoin, launched in 2008, has now traded above $300, an all-time high. This represents a massive 2000% gain for the year to date – the virtual currency was trading at $13.50 on the 1st Jan 2013. The ‘currency’, with roughly 12 million Bitcoin’s in circulation, had reached a high of $264 on 10th April of…
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