Tue 2nd Sep 14, 12
UK stock rose for the third straight session on Tuesday after data showed that growth in the British construction sector unexpectedly accelerated last month.
Search news for stories that mention a company:
Show only the stories that interest you with news filter.
Cyclical sectors, such as basic resources and automobiles, were in the lead early as traders chose to focus on the possibility of more dovish rhetoric from the European Central Bank at its policy meeting on 4 September. 24 minutes ago
The agreement to dispose part of Barclays' Spanish operations to Caixabank is a "modest but welcome positive", according to Deutsche Bank which retained a 'buy' rating for the UK bank on Tuesday. 55 minutes ago
Russia has carried out "direct and undisguised aggression" against Ukrainian forces, Ukrainian President Petro Poroshenko said on Monday. 1 hour ago
Asian stocks rose on the back of a hunch that weak Chinese manufacturing data would lead to further economic stimulation. 25 minutes ago
Johnson Service Group has delivered positive first-half results after the acquisition of textile rental business Bourne Services Group. 59 minutes ago
Car hire and pick-up service Uber has been hit by a nationwide ban in Germany, after a court in Frankfurt ruled the company could not operate in the country. 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.
Rectangle chart patterns are a classic form of technical analysis used to determine price pattern, and, when properly applied, they can be one of the most reliable trading indicators.
Rectangle chart patterns originate from a time in the past when charts were prepared by hand on graph paper and it was believed that all price patterns were a repeat of patterns in the past. By recognising a pattern that had previously occurred, analysts used to make a forecast that they expected would ultimately result in a profit.
The moving average convergence divergence (MACD) system is a trend indicator that helps us determine the current trend of the market and its strength.
The MACD indicator uses the difference of the distance between two moving averages, usually the 12 and the 26 period moving averages, to indicate if the market is currently in an uptrend, a downtrend, or moving sideways.
Soft drinks maker Nichols (NICL) has a strong, long-term track record but an unfavourable litigation result has knocked the share price. The underlying business remains strong and the shares provide a steady income.
Nichols has a range of brands that it owns or it licences for the soft drinks market. They include the core brand Vimto, Panda, Sunkist, Levi Roots and Weight Watchers.
Geopolitical tectonic plates are shifting around the world presenting trading opportunities to those observers keen enough to pick up on them. As well as the usual safe haven assets such as gold, the Swiss Franc and Japanese Yen, traders may not miss out on the opportunities presented by somewhat “riskier” assets, such as oil.
Middle Eastern politics are complicated issues, but one does not need to be a scholar in the subject to understand that any kind of moderate to major disturbance is enough to send ripples of tension through the oil market.
Using the easy-to-spot "head and shoulders" pattern we can often fairly reliably predict where a currency pair will go next. In this example we look at the recent movement in the euro versus the Japanese yen.
The euro had been losing ground versus the yen, but after the last visit that the price made to the round number and psychological level of the 136.00, it started heading higher and it is very close to touching the 138.00 again.