News & Reports

London close: Bernanke's dovish tone sparks surge late on

Wed 22nd May 13, 17:12

Benjamin Chiou

After a relatively subdued start on the FTSE 100, stocks surged in afternoon trade as comments from the Chairman of the Federal Reserve pushed the index to fresh 13-year highs.

News search

Search news for stories that mention a company:

Show only the stories that interest you with news filter.

Today's Market Reports

Free company reports

Lloyds to sell further share in St James Place

Lloyds Banking Group said it planned to sell a further 15 per cent of its stake in wealth manager St James's Place to swell its equity capital 500m pounds. 2 hours ago

Bodycote CEO reduces stake by 200,000 shares

A round-up of the biggest director deals today so far. 3 hours ago

Results Round-up

Corporate travel services firm Hogg Robinson reported flat full year profit in what it described as a resilient performance in testing conditions. 3 hours ago

Europe close: Bernanke warns against tighter monetary policy

Bernanke backs monetary stimulus; BoE's Carney points to deep challenges in Europe 3 hours ago

FTSE 250 movers: Britvic climbs on strong interims

Soft drinks firm Britvic leapt on the back of a strong set of interim results, after an improved underlying performance across the business, although it did caution on market conditions remain challenging. 3 hours ago

Broker snap: Lloyds to meet capital targets, but Investec still cautious

Lloyds moved to reassure markets on Wednesday by playing down concerns about new tough capital requirements, but Investec still rates the stock as a 'sell'. 3 hours ago

News Sections

Click on the links to browse our main news sections.

Free Guides and Reports

News provided by Digital Look

Disclaimer: This news feed is provided by Digital Look Ltd. BullBearings Ltd do not necessarily share the views expressed within the stories. The stories are for general information purposes only and not a solicitation or personal reccomendation to deal. BullBearings Ltd accepts no liability or responsibility for any of the content contained in the information provided by Digital Look Ltd.

Traders' views

A with most currencies as we stand...”it’s all about Bernanke!”

By Ishaq Siddiqi

Earlier this week we heard from the Reserve Bank (of Australia) and post those (RBA) minutes, which tended to confirm what most had suspected (that the strength of AUD was a pivotal factor in what was an otherwise close decision to cut interest rates).

The all-important policy guidance at the end of the minutes reveals that the RBA opted to use “some” (the “some” comment is a repeat from a couple of weeks ago) of the scope afforded by the low 1Q CPI print and the benign inflation outlook, to lower the cash rate. 

Are the Equity markets too confident to ignore geo-political risk and war?

By Ronnie Chopra

The markets seem to be extending their highs in recent days with no concern about the continuing threat of war in the Middle East.

This morning, news that Israeli and Syrian forces have exchanged fire across the ceasefire line in the occupied Golan Heights was largely ignored by the financial markets. 

Sharp fall in silver today – fallen to levels not seen since September 2010

By Ronnie Chopra

This morning silver fell to levels not seen since September 2010 as commodity prices slumped overnight in Asia and this extended in early London trading. Although here is plenty of physical buying from China, India and the Middle East – there is heavy computer ETF selling.

A strong dollar and outperforming equity markets have shifted investor’s attention to more risky assets with silver suffering.

Has the dollar rallied too far, too quickly?

By Ishaq Siddiqi

Despite general US data thus far this week coming in a little softer, the dollar retains a bid tone, as US risk markets keep on posting new highs despite much speculation on whether USD may have rallied a little too far, too quickly.

Today we await CPI numbers and US data including housing, jobless claims and the Philly Fed.)

Will the yen fall again?

By Zoe Fiddes

The depreciation of the Japanese yen has been an ongoing process for many months now, and recent developments have contributed to its continued decline. However, upcoming data might change the direction upwards.

Japan’s currency is once more weakening compared to the US dollar. 

Trading Videos

ETX Capital Daily Market Bite, 22.05.13: European Markets Waiting For Fed Head Bernanke

Please select game...

CLOSE

Which trading game would you like to trade with ?