Friday, 22nd August 2014

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News & Reports

Numis upgrades Henry Boot to 'buy'

Fri 22nd Aug 14, 09:4

Numis Securities has upgraded Henry Boot from 'add' to 'buy' after the housebuilder said on Friday that full-year results would beat forecasts.

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Asia: Stocks mostly higher ahead of Jackson Hole

Asian stock markets closed mostly higher on Friday with Tokyo being the only exception, though indices remained rangebound ahead of the Jackson Hole symposium of central bankers. 17 minutes ago

Cable: No clear support until 1.6250-1.6260

Digital Look technical analysts pointed out on Friday that they expect a possible rebound in the Cable to at least 1.6690-1.67. 59 minutes ago

The euro rebounds against the dollar after recent dive

The Euro/Dollar plunged on Monday, Tuesday and Wednesday moving down from 1.34 to 1.3254 but finally managed on Thursday to close in the black. 1 hour ago

FX round-up: 1.6558 is the level to watch for in cable

Euro/dollar was granted a reprieve ahead of Fed Chair Janet Yellen's speech on Friday at the Jackson Hole economics symposium. 2 hours ago

Europe open: Stocks mixed in early trading

The main European equity benchmarks were all trading in a mixed fashion in the early going despite the fresh record highs reached overnight on Wall Street and ahead of speeches from several global policy makers this afternoon at Jackson Hole, Wyoming, at the US Federal Reserve's annual economics symposium. 2 hours ago

Scottish independence may put financial system at risk, HSBC says

HSBC chairman Douglas Flint said on Friday that Scottish independence would leave the country's financial system in a dangerous state and prompt "capital flight". 1 hour ago

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