FTSE 100 Flops as Sports Direct Dumped by Auditors

Wednesday, August 14: FTSE indices edged higher at the open, following a broadly buoyant Asian trading session and US indices which closed out yesterday firmly in the green. However, relief proved short lived as the FTSE 100 tumbled to more than a two month low after the yield curve on both US and UK government…

Investors Gamble on Plus500

Tuesday, August 13: markets commenced the day on the back foot, following on from an Asian session which saw indices close in the red. The FTSE 100 saw a broad based sell-off early on across healthcare, engineering, travel and insurance sectors as investors continued to digest continuing unrest in Hong Kong and political & economic…

Investors Not Crying for Argentina as Thomas Cook Grounded

Monday, August 12: markets endured another day in the red as investors continue to flee risk assets both in developed and frontier markets. The largest moves could be found in Argentina as news hit the wires that President Mauricio Macri lost a primary vote against socialist candidate Alberto Fernández who secured 47.7% of the primary…

Winning Hands Down

Success for Hargreaves Lansdown Thursday, 8 August: Markets had a day of respite, as the majority of global bourses recovered some losses from the past few days. Towards the end of yesterday’s session on Wall St. their respective bourses reversed heavier losses, and overnight Japan’s Nikkei climbed 0.4%, with the Hang Seng +0.5%. At the…

7th Time Lucky

FTSE ends 6-day losing streak but Wall St. sinks further Wednesday, 7 August: The FTSE endured a volatile session on Wednesday, having endured an early slide which quickly turned into a modest climb of around 0.6%. This was slowly eroded away until a late resurgence to leave the index 0.33% higher, ending a 6-day loss…

Summertime Sadness

Markets & Weather comparably volatile Tuesday, 6 August: After an unsurprisingly rough session on Wall St. yesterday global sentiment had seen little change going into Tuesday’s session for Asian bourses and it was another tough session as the Nikkei (-0.65%) shed alongside the Hang Seng (-0.67%). The main story of the day was unseasonal volatility….