Tue 9th Feb 16, 16:23:36
(ShareCast News) - The contact information of more than 10,000 employees of the US Department of Justice and the Department of Homeland Security was dumped online this week, with an anonymous pro-Palestinian hacker being blamed for the attack.
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(ShareCast News) - Banks dragged the main European stockmarket indices lower again on Tuesday, with investors cautious amid on-going concerns over global growth and the possibility that tensions in some credit markets might be feeding-through into stocks. 42 minutes ago
(ShareCast News) - Wall Street's main stockmarket gauges were treading water on Tuesday, following the steep losses seen in the previous session and ahead of a key speech from Fed chair Janet Yellen scheduled for the next day. 2 hours ago
(ShareCast News) - Footage emerged on Tuesday of a particularly hairy incident at London City Airport, as Storm Imogen moved through the capital. 1 hour ago
(ShareCast News) - The dollar headed lower on Tuesday, reversing the previous session's gains while the yen jumped on safe haven demand following turbulence in the equities market. 4 hours ago
(ShareCast News) - Global central banks should stop issuing notes of high denomination, such as the £50, $100 and 500 notes, in order to tackle crime, according to a banking sector veteran. 5 hours ago
(ShareCast News) - Randgold Resources was the subject of a couple of ratings changes on Tuesday following the gold miner's annual results the previous day. 2 hours ago
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“A gold mine is a hole in the ground with a liar standing on top of it”
On 5 February I celebrated 43 years working in financial services, writes Paul Fellerman. This gave me cause to reflect on why I chose this career path.
I did not realise it at the time but in many ways it was an odd choice given that I have been accused of being a control freak, and as we all know one cannot control markets. The reality is that I wanted to learn how to make money.
Typically, before each Chinese New Year gold is given to others to welcome good fortune. However, there is no guarantee that the price of gold around the world will rise.
When looking at a chart of gold purchased from 2005 to 2014 you will see a gradual increase in purchasing over these years.
International trade is the lifeblood of the global economy, allowing nations to reap the benefits of their comparative advantage in an increasingly competitive environment.
Each day, billions of dollars in capital, goods and services are transported across the globe to consumers and producers.
Often recently when we see a drop in the price of crude oil the FTSE 100 index follows it lower.
Historically there is no correlation between oil and stocks but from time to time the FTSE and oil move in the same direction.