News

Stability Now Key For Future Of Cryptos

Bitcoin was hailed as a revolutionary, game-changing financial tool when the P2P currency was first launched in 2009. Since then we’ve seen huge fluctuations in its market price. Take 2011, for example: starting the year at a lowly $0.30 per Bitcoin, in June it had risen to a relatively whopping $31.50. In the next three […]

Is The Nasdaq Set For A Bounce?

The Nasdaq 100 index (which houses the stock and share prices of blue-chip technology companies) is currently experiencing its worst quarter for a decade. Over the last two months, the tech index has shown a loss of 12%. It’s rare for any index to plummet this dramatically so quickly. However, not everyone believes the situation […]

Investment And Wealth Management Awards 2018

The Financial Times conduct the Investment And Wealth Management Awards each year, recognising the best of the best. From managers, to brokers and online platform operators, the awards are a sought after accolade for many in the financial services industry. So where did the gongs go this year? Best Forex Shortlisted for the award of […]

FTSE Oil Sector Struggles Continue

Friday wasn’t the best day for oil on the FTSE 250, which itself rose a meagre 0.02% to 18,533.01, up 3.01 points. The majority of the biggest fallers in the index were companies that derived their revenue from the production, development, exploration or sale of oil. Consolidated Fall In fact, of the ten biggest fallers […]

Pound Stabilises After Brexit Turbulence

After the worst fall in two years, the pound has finally stabilised following the political turbulence of the past week. Brexit Deal Turmoil After Prime Minister Theresa May announced her Brexit plan, the cabinet support she claimed to have crumbled with the resignations of Dominic Raab and Esther McVey. As a result, the UK-focused shares […]

Retailers Closing 14 Shops A Day According To PwC

During the first half of this year, approximately 2,700 retail shops have been closed, according to accountancy firm PwC. This is the equivalent of 14 shops a day. UK retailing is under huge pressure across the board. Online Impact Fashion and electrical stores have suffered the most, due to the preponderance of people buying these […]

Sterling Wobbles Versus USD

Sterling drops against the dollar After the news that the cabinet agreed to the draft Brexit agreement, it looked as if the pound would do well. It started off by gaining ground against the dollar by rising 0.22% to $1.3018, and it had lessened its drop against the euro to €1.1484. However, this was short-lived […]

Broker News: New App At Forex.com And Etoro Slash Crypto Spreads

Two pieces of good news for traders this week. US traders have a new mobile based application to take advantage of at Forex.com and perhaps more excitingly for crypto traders, eToro are cutting crypto currency spreads by half. EA Mobile App US traders at Forex.com can download a new mobile app which opens up a […]

Spotify Sees Sudden Drop

Spotify’s share price dropped dramatically on Friday, making the company now worth less than $24bn in the hugely volatile streaming market. The music streaming service, which makes its primary profits through licensing music, streaming numbers, advertising and subscriptions, has now reached its lowest share price since the company floated on the New York Stock Exchange […]

BHP Sued For Billions

The Samarco Dam disaster in Brazil has just come back to bite BHP Billiton with a new lawsuit. The multi-billion pound claim is thought to be one of the largest suits ever filed in British legal history. Dam Collapse Located in southeastern Brazil, the Samarco iron ore mine suffered a catastrophic dam burst in 2015, […]

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