NewsItaly In Recession Again?
Recent predictions that Italy was moving towards economic success and renewed growth have proved false as the country is now back in recession. Italian government statistics published on 31 January 2019 showed reductions to levels of investment, high unemployment and public debt totalling around 130% of GDP. These alarming stats should cause any European investor […]Euro Sinks And Other Forex Notes From Last Week
Forex traders found the euro was heading for its biggest drop in four months in the week ending 8th February, mainly due to ongoing debate between Italy and the EU regarding Italian budget plans. Eventually, the euro managed to consolidate its position to a two week low, with large buying orders at the $1.13 mark […]Online Retailer Amazon Suffers Shock Slump In Growth
While the UK high street is struggling to generate sales, Amazon sales are continuing to grow. In the three months of trading up to January, Amazon saw sales increase to $72.4 billion up by 20%. Their profits also increased to $3 billion, up 63%. These impressive figures are higher than analysts had predicted. However, Amazon […]IG US – IG Group Review US Options With New Broker
IG US Review – IG Group to relaunch broker brand in United States. On 1 February 2019, the UK-based IG Group officially announced the launch of its United States subsidiary, IG US. IG stated they would head back into the US market last year, and will be the first broker to enter the US market […]Ryanair Profits Warning Sends Shares Plummeting Again
Investors would probably do well to avoid the airline sector for the time being, as the past few months have been quite rocky. The Irish budget airline Ryanair is no exception and in mid-January the company issued a profits warning which caused a further reduction in its share price. Ryanair Profits Warning Ryanair shares peaked […]Should You Speculate On The Geothermal Market?
Traders should always have their eye on the future, and one market which has attracted a lot of interest in recent times is the geothermal sector. In this news item, we take a look at this industry and assess its merits. The geothermal market refers to alternative forms of energy which use the earth’s heat. […]Global Concern Chinese Economy Falters
If you looked at the market exchange-rate basis in 2018, you’d notice 16% of the global economy could be accounted to China. Therefore, it has been hard for many brands to ignore the vital importance of the Far Eastern country. However, for investors and businesses, the important figure to note is economic growth. For the […]MSCI Offer No Deal Brexit Prediction
Global stock market indices provider MSCI has issued a gloomy update to its forecasts for UK share prices in the event of a no deal Brexit in March 2019. Stress tests carried out by the company’s risk management team took into account two of the Bank of England’s disruptive and disorderly Brexit scenarios alongside their […]Revenue Forecast For First Quarter Hurts Apple
Apple Inc. cut its revenue forecast for the first time in two decades. The recent downturn was mostly due to reduced sales in China which have caused a slump for Asian suppliers and lower stock pricings on Wall Street. Tough Times For Tim Cook’s Apple In a letter to investors, Apple’s CEO Tim Cook stated […]US Government Shutdown Wreaking Havoc On American Stocks
As the government shutdown now being colloquially known as the ‘Trump Shutdown’ continues into its nineteenth day, American traders and stock market investors are warning about the President plunging the economy into ‘chaos’ and sending stock markets falling dramatically. Top Democrats Nancy Pelosi and Chuck Schumer met with the President and Vice President before Christmas […]Older Posts