China surprised everyone for the second day running, slashing the value of its currency against the dollar. There are lots of different explanations. It could be seen as a move to boost falling exports, to prepare for a US interest rate rise or just to give the currency more flexibility to move in the future as growth slows.But the UK, EU and […]
An investor looks at falling stock prices in Hangzhou, eastern China as markets slumped. Photograph: AP
Turmoil has returned to the Chinese stock market as shares suffered their worst fall in eight years, knocking commodity prices and fuelling jitters among investors in London.Following three weeks of relative calm, the Shanghai Composite Index plummeted on Monday, ending down 8.5% at 3725.56 – […]
FinVizStocks are rolling over.Near 2:35 pm ET, stocks were at their lowest levels of the day with the Dow down 300, the S&P 500 down 37 points, and the Nasdaq down 104. The Nasdaq was the day’s biggest loser on a percentage basis, falling more than 2%, while the S&P 500 was down about 1.8% and the Dow was off 1.6%. With […]
China’s stocks look to be falling back down to reality.After an epic rally that saw the Shanghai Composite index climb more than 40% this year and the tech-heavy Shenzhen Composite rise a world-leading 90%, a correction — or maybe worse — looks to be in the works.Last week both indices lost more than 10%, falling solidly into correction territory. But […]
Europe slips lower, Deutsche Bank surges up to 5% – CNBCThe bank said it will appoint John Cryan to become co-chief executive effective July 1, 2015 to replace Anshu Jain who steps down on June 30, 2015.Read MoreDeutsche Bank: Why the dual-CEO system failedThe lender also said co-CEO Juergen Fitschen to remain in his current role until conclusion of annual […]
New prime minister Tony Blair and his wife Cherie outside No 10 in May 1997. Photograph: Martin Godwin
The headlines began warning us months ago of stock-market meltdown should the opposition win control after 7 May. “Shares tipped to fall if Labour wins next year’s general election” the Daily Telegraph announced in October, and some business leaders have echoed the sentiment, […]
Akin Oyedele
Feb. 23, 2015, 2:14 PM
2,900
Most of the world’s largest stock markets are dominated by a few industries.In contrast, the US has the most diverse range of industries that investors can pick from.According to Credit Suisse’s Global Investment Returns Yearbook for 2015, the three largest industries in 42 of the countries in the FTSE all world index make up at […]
Please click on the web link below to read the article and watch my videoInternational Business Times Article link (including link to 4-minute Video)Is today’s society addicted to technology? The benefits of the tech we use on a daily basis are plain to see. But with the pervasive influence of social media applications like Facebook, Instagram and Twitter in everyday […]
Dina Spector
Aug. 27, 2014, 8:38 AM
55
The Crepes of Wrath
European markets are basically flat early Wednesday.
Here’s the scorecard:France’s CAC 40 is down 0.1%.Germany’s DAX is down 0.1%.Spain’s IBEX is up 0.2%Italy’s FTSE MIB is flat.Britain’s FTSE 100 is flat.Asian markets closed flat, with Nikkei’s 225 closing up just 0.09%.U.S. futures are up a hair, with Dow futures up 9 points and […]
Stock Market Bear Tracks Abound In Wall StreetStock-Markets / Stocks Bear MarketAug 26, 2014 – 05:50 PM GMTBy: I_M_VronskyToday’s boundless investor complacency is eerily reminiscent of the unbridled investor euphoria of the roaring 1920’s. And all avid market students remember what happened then…i.e. the 1929 Stock Market Crash.Pervasive investor complacency reigns in Wall Street today…similar to what caused myopic prudence […]
