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FTSE 100 Index
(IX:
FTSE
)
6,755.63
+32.57 (+0.48%)
Daily Price
/ Updated:
4:00 PM EDT, May 20, 2013
/
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A Timely Purchase Of Gold
March 19, 2009
There are different ways of devaluing your currency. The Swiss used market intervention; the US used a big boys’ version of the UK’squantitative easing. Gold rallied as the Dollar was smashed for six....
Read More
category
UK
,
^FTSE
,
Switzerland
, and 7 more.
from
DailyMarkets.com
Friday’s Market Recap: Stocks Gain For The 4th Straight Day
March 13, 2009
Friday’s trading marked the fourth day of continual gains as investors further regain confidence in the Nation’s banking industry since Citigroup (C) and JP Morgan (JPM) announced a profitable first...
Read More
category
FCHI
,
^n225
,
^FTSE
, and 17 more.
from
DailyMarkets.com
My Trades On The FTSE And The EUR/GBP Currency Pair
March 12, 2009
Equities and the Euro pushed aside appalling industrial production numbers from Germany. The Dow (^DJI) returned above 7000 and gold made a shining comeback, adding $20 to its price. Patience paid off...
Read More
category
UK
,
^FTSE
,
GE
, and 8 more.
from
DailyMarkets.com
Equities Pause For Profit Taking After Dow Briefly Hits 7000
March 11, 2009
The equity rally coughed and spluttered a bit; the Dow (^DJI) briefly hit 7000, but profit taking took prices lower and FTSE (^FTSE) failed to hold above 3700. The curse of the early gym continued...
Read More
category
UK
,
^FTSE
,
^DJI
, and 6 more.
from
DailyMarkets.com
Have Equities Bottomed Out?
March 11, 2009
Hi, and welcome to this week’s edition of “I Wish I’d Written This Yesterday”. My original theme was The Markets Haven’t Bottomed But They’re Overdue A Bounce. The bounce is no longer overdue! A day’s...
Read More
category
UK
,
Australia
,
^FTSE
, and 9 more.
from
DailyMarkets.com
Happy Equities Send Gold Below $900
March 10, 2009
Gold fell below $900 as equity traders took their happy pills. However, even a return of risk appetite was unable to boost Sterling. On a day of mixed fortunes my biggest frustration was in missing the...
Read More
category
UK
,
Commodities
,
Forex
, and 6 more.
from
DailyMarkets.com
Anticipating A Stock Market Rally Soon On Possible Change To Mark-To-Market Accounting Rules
March 08, 2009
US equity markets surged in the final 30 minutes of the Friday session as traders figured a possible “positive surprise” in news over the weekend might catch them short. The February US Jobs Report at...
Read More
category
UK
,
RIMM
,
LLOY/L
, and 28 more.
from
DailyMarkets.com
My FTSE Trade Pre-Release Of US Payrolls Report
March 06, 2009
Once again, the US payrolls data failed to live up to the hype. After fears of 1 million job losses, an in-line number of 651,000 suddenly seemed OK. And no-one noticed that the unemployment rate had...
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category
UK
,
Eurozone
,
^FTSE
, and 4 more.
from
DailyMarkets.com
Shares Fall On GM Bankruptcy Fears
March 05, 2009
In the event, both interest rate decisions were as exciting as watching Scotland play rugby. Currencies wobbled and gold rallied as equities headed lower on fears that GM (GM) would go bust. Another...
Read More
category
UK
,
^FTSE
,
GM
, and 7 more.
from
DailyMarkets.com
Stocks Stage Global Rally On Reports That China Will Double Its Planned Stimulus
March 05, 2009
Stocks surged yesterday (Wednesday) after it was revealed that Chinese Premier Wen Jiabo would announce new stimulus measures on top of the $585 billion (4 trillion yuan) package introduced in...
Read More
category
UK
,
Australia
,
^FTSE
, and 10 more.
from
DailyMarkets.com
Death Spiral - The Sequel
March 03, 2009
Back in September and October last year, the markets crashed on the collapse of Lehman Brothers. Th governments of the world decided that it would not let that happen again, so now we have round after...
Read More
category
UK
,
LLOY/L
,
AIG
, and 7 more.
from
DailyMarkets.com
S&P Breaks 700; FTSE Dips Below 3500
March 03, 2009
The slide in equities continued with the S&P 500 (^GSPC) dropping below 700. FTSE (^FTSE) stuck a toe through 3500, but still profit-taking in gold continued. My best trade of the day was a ‘carried...
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category
UK
,
^FTSE
,
External Research
, and 6 more.
from
DailyMarkets.com
Gold Market Update: Oracle Of Omaha Warns Of “Onslaught Of Inflation”
March 02, 2009
Gold rose sharply in Asia and was up by more than $10 per ounce before trading even commenced on the TOCOM - it rose from $941.60/oz to nearly $960/oz but has given up some of those gains in early...
Read More
category
AIG
,
^n225
,
^FTSE
, and 8 more.
from
DailyMarkets.com
FTSE Plunges On HSBC’s Huge Rights Issue
March 02, 2009
The FTSE (^FTSE) has plunged over 3% this morning on news of HSBC’s (HBC) huge rights issue. Together with more bad news from America and Government dithering over Lloyds Banking Group, it has been a...
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category
UK
,
^FTSE
,
Stocks
, and 3 more.
from
DailyMarkets.com
The Land Of The Sinking Sun
February 27, 2009
As the world lurched from credit crunch to a full blown economic recession, Japan’s status has transformed from a non-toxic safe-haven to an export-dependent crippled economy. What went wrong? The Rise...
Read More
category
^n225
,
^FTSE
,
External Research
, and 8 more.
from
DailyMarkets.com
My Forex Trades On GBP/USD This Morning
February 26, 2009
After a shaky start Sterling won back much of yesterday’s (Wednesday) losses. And after an equally shaky start gold remained shaky. It’s amazing that with so much news around I’m struggling to get to...
Read More
category
UK
,
Forex
,
^FTSE
, and 3 more.
from
DailyMarkets.com
Doom: A Crowded Trade?
February 24, 2009
You don’t need to try hard to imagine an abyss opening up beneath the markets. It’s hard to see any reason to be cheerful at all, with the likes of George Soros predicting no visible end to the bear...
Read More
category
UK
,
Australia
,
^FTSE
, and 13 more.
from
DailyMarkets.com
Fabric Of The Investment Landscape May Be Fraying Somewhat
February 24, 2009
Another day, another dump in equities. Hard as it is to believe, the sense that the (financial) world is coming to an end is becoming almost commonplace. While such resignation is perhaps the stuff of...
Read More
category
^FTSE
,
External Research
,
Contributor
, and 6 more.
from
DailyMarkets.com
Japanese Yen Losing Its “Safe Haven” Appeal?
February 24, 2009
World equities: starting with another 3.4% drop in the US’s DJIA (^DJI), the UK’s FTSE (^FTSE) closing at 11/2008 lows, the German DAX (^GDAXI) at 2004 lows, the French CAC (^FCHI) at 2003 levels, and...
Read More
category
UK
,
FCHI
,
^n225
, and 9 more.
from
DailyMarkets.com
Trading Opinion For The Week Ahead
February 22, 2009
Friday’s meltdown in the DOW (^DJI) and S&P (^GSPC) suggests that the recession has a way further to go yet. Stocks and shares may recover first, but the end does not seem to be insight yet. Still most...
Read More
category
UK
,
^FTSE
,
^DJI
, and 10 more.
from
DailyMarkets.com
Disaster Capitalism?
February 20, 2009
The report today (Friday) is that a very gloomy week has taken a decided turn for the worse; and I am not talking about the mist and fog covering the City of London today. The DOW (^DJI) closed down at...
Read More
category
^FTSE
,
^DJI
,
USA
, and 4 more.
from
DailyMarkets.com
Stocks Are Unsettled Ahead Of Option Expiry
February 19, 2009
Equities attempted a half-hearted rally ahead of tomorrow’s (Friday) options expiry. Sterling had a storming morning, but ran out of puff this afternoon. I’ve been wary of trading the FTSE index...
Read More
category
UK
,
Eurozone
,
^FTSE
, and 4 more.
from
DailyMarkets.com
Stocks Remain Under Pressure
February 18, 2009
After pausing for breath, and a spot of lunch, the bears resumed their mauling of equity markets. The Dow (^DJI) fell below 7500 and FTSE (^FTSE) failed to gain a foothold above the 4000 level. Now, I...
Read More
category
UK
,
Forex
,
^FTSE
, and 5 more.
from
DailyMarkets.com
Gold Higher As Stocks Plunge
February 17, 2009
That’s more like it. The equity bears are having a picnic; the S&P 500 (^GSPC) is currently below 800 and gold has plugged $1000 into its Sat Nav. My only trades today have been in GBP/USD; the first...
Read More
category
UK
,
^FTSE
,
External Research
, and 7 more.
from
DailyMarkets.com
The Yo-Yo Euro
February 10, 2009
Whilst the world waits on superhero Geithner, the Euro has been the main mover-in both directions. Meanwhile, some of the gloss has come off Sterling’s rising star. As Alanis Morissette once said,...
Read More
category
UK
,
Forex
,
Eurozone
, and 6 more.
from
DailyMarkets.com
Risk, Reward And Being Very Long
February 10, 2009
Is the market setting itself up for another substantial tumble? Quite possibly. But I’ve been busy going long on equities. That might seem strange given I’m bearish about the prospects for the next 6...
Read More
category
UK
,
BK
,
ba
, and 11 more.
from
DailyMarkets.com
Forex Trading: GBP/USD Breaks Resistance
February 09, 2009
The GBP/USD has broken through the key resistance level of 1.4889 and ran up to a session high of 1.4939. This pair open the market on a weak note Sunday as risk aversion ran the table as the US noted...
Read More
category
UK
,
Forex
,
Eurozone
, and 4 more.
from
DailyMarkets.com
Not Enough Job Losses To Hurt The UK Stock Market
February 06, 2009
An appetite for risk is back on the table with high-flying equities and even buying of the Euro. Boy, I’ve had a busy day; fitting in an annual visit to the dentist, a quick gym session and coping with...
Read More
category
UK
,
Forex
,
Eurozone
, and 6 more.
from
DailyMarkets.com
British Pound Collapses
February 02, 2009
Once again the message from the top is “Sell Sterling”. Forget all the overseas debt, Gordon Brown wants us to keep selling the Pound. This morning traders obliged, ripping 450 pips of the GBP/USD...
Read More
category
UK
,
LLOY/L
,
^FTSE
, and 8 more.
from
DailyMarkets.com
Ireland’s Woes Hit The Euro
January 30, 2009
The Euro took another pasting as Moodys joined Standard & Poors in putting Ireland’s AAA credit rating on negative watch. The rating agency also warned that the credit quality of other European...
Read More
category
UK
,
LLOY/L
,
^FTSE
, and 9 more.
from
DailyMarkets.com
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