A warning from the Bank of England about the UK’s debt levels has sent sterling plummeting to a five-month low against the euro. The pound dropped as low as €1.1016 - the lowest level since April In the meantime, the pound dropped as low as $1.6134 - its lowest against the US Dollar in almost [...]
Posted to
Finance
on 09-21-2009
Filed under: All Financial News, Economy News, Bank of England, fall, Investment News, Debt News, warning, dollar, currency, euro, pound, Dow Jones, Quarterly Bulleting, markets
The Dow Jones index rose today on the back of positive economic data and followed gains seen over the last week. In seven out of the last eight days, the Dow Jones has risen. By mid-session in New York, the index gained 0.6% to 9,737.3 points with European shares rising in response.
London’s FTSE 100...
Posted to
Finance
on 09-16-2009
Filed under: All Financial News, Economy News, US, Ben Bernanke, shares, rise, retail sales, consumer prices, data, positive, economic, trade deficit, Dow Jones
The chief executive of financial bookmaker IG Group has called the recent stock market gains a "false rally".
Posted to
Comment
on 03-27-2009
Filed under: dow jones, ftse 100, ig group, Tim Howkins
The American economy may still be in the grips of what could prove to be the deepest recession since the Great Depression but consumers appear to be feeling a little bit more content about their lot.
Posted to
Comment
on 03-27-2009
Filed under: US, markets, dow jones, S?P 500, consumer spending, bear rally, consumer sentiment, Nasdaq, American economy