Tue 4th Aug 15, 17:2
(ShareCast News) - A surprise slowdown in UK construction activity growth and concerns over Greece weighed on sentiment on Tuesday with the FTSE finishing in the red.
Search news for stories that mention a company:
Show only the stories that interest you with news filter.
(ShareCast News) - US government bonds fell as the market returned gains from Monday. A recovery in oil prices added to the selling pressure. 38 minutes ago
(ShareCast News) - Russia has submitted a bid to the UN claiming vast territories in the Arctic, the UK media reported, citing the country's foreign ministry. 1 hour ago
(ShareCast News) - Britain's Serious Fraud Office (SFO) is planning to bring criminal charges against more former bankers for allegedly manipulating the Libor rate, the Wall Street Journal reported on Tuesday. 2 hours ago
(ShareCast News) - Oil benchmarks and metals recouped losses on Tuesday, following a heavy selloff overnight on concerns over the Chinese economy. 5 hours ago
(ShareCast News) - The US Food and Drug Administration has approved the first 3D-printed prescription drug. 2 hours ago
(ShareCast News) - Wealth management group Brooks Macdonald has appointed Andrew Sheperd as its deputy chief executive. 3 hours ago
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.
Although forex trading has made its mark around the world, it’s astounding to see just how quickly the forex market has taken off in China over the last few years.
Forex offers an alternative for Chinese investors who are looking to diversify their portfolios and reduce their exposure to the overinflated local stock markets. There are also significant concerns about the long-term value of the yuan, as China may consider devaluing its currency to remain competitive in European markets as the US dollar soars – forex trading may offer the opportunity to hedge against this risk.
This week it has been difficult to avoid news about the Chinese stock market crash. On Monday the Shanghai Composite Index fell by more than 8% and over the last three months it’s down by more than 30%.
However, is this really all that surprising? I don’t think it is.
We’ve all heard the phrase “markets were extremely volatile today” or similar. But what does volatility actually mean when it’s related to the financial markets?
Volatility is the amount a price can change over a given time period with no regard for direction.
Just before the dawn of 2015, Bullbearings gathered together eight trading experts (plus me) to select some stock tips and top trades for 2015. This is a half-time report, with a top-10 leadboard (someone had two tips) and each tipster giving an update on their chosen recommendation (apart from one who's gone AWOL).
Safe to say, I'm propping up the table and making the rest of them look good - but as I said at the time, picking one share to buy is a notoriously difficult thing to do - especially if you take a speculative punt on a small cap. It's been an unusual year and there's still five months to go...