Greece won their second bailout earlier today after European governments reached an agreement with private investors, along with dipping into the European Central Bank profits to shield the nation from default. Greece were awarded aid in the amount of 130 billion euros, taking the total sum received by debt-stricken nations (Greece, Portugal and Ireland) to [...]
U.S job claims dropped by 13,000 to 348,000 in the week ended February 11th, which signals that an improvement in the labor market will boost the economy. This news also benefited the stocks market as confidence rose that the U.S expansion is moving in the right direction amidst the European crisis and the slowdown in [...]
A large boost in the German automotive industry helped German stocks achieve a new six-month high as Greek political leaders announced that terms for austerity measures have been reached, clearing the path for the nation to cut its debt.
Mercedes-Benz cars and trucks reported higher than expected fourth-quarter earnings resulting in the Daimler rising 4.6 percent. [...]
There has been a huge increase in multi-asset fund formations over the last two years, with many financial advisors predicting that investors will turn to these outlets as safe and alternative investments. The desire for spreading investment risk, along with achieving low interest rates have been the main driving point in these fund formations. Multi-asset [...]
Japanese stocks rebounded today after European markets took a turn for the better, even after Standard and Poor downgraded France and eight other European nations. The Nikkei 225 Rose 0.8 percent, while the broader Topix advanced 0.6 percent. On the European end, the Stoxx Europe 600 index grew by 0.8 percent after recording three consecutive [...]
by Andrew Wood
Wherever there is abuse of a system or facility it is always the minority of irresponsible people who spoil the advantages and pleasant effects for the majority.
Qualified Recognised Overseas Pension Schemes (QROPS) appear to be no exception. Since the introduction of QROPS there have been a band of cowboys looking to make a [...]
Even though the U.S has experienced a gain in everything from manufacturing to consumer confidence and jobs, traders are still not eager to give up treasury investments. Benchmark 10-year yields are set to increase to 2.6 percent by the end of 2012, an increase from 1.88 in 2011 as growth beings to accelerate. It is [...]
U.S stocks and commodities slid and the euro erased an earlier gain as concern grew that Europe’s debt crisis will worsen and lawmakers will fail to agree on plans to cut the American deficit. The Standard & Poor’s 500 Index lost 1.7 percent to close at 1,216.13 in mid-December with losses accelerating as it fell [...]
Happy New Year! Welcome to 2012.
It’s that time of year when many of us say “out with the old and in with the new” but is it really that practical or even possible to achieve this with financial matters? The European debt did not vanish overnight because we turned into a new year; markets did [...]
The current crisis in Europe has created issues affecting confidence for investors all over the world.
Equities have felt the full brunt and have been beaten down to historic lows, making it a good time to look westwards for investment opportunities. Since the beginning of October, US stocks have rallied 14 per cent, having hit [...]
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