Market and Economics

Market overview: Lower than expected unemployment claims

Posted on: 23 May 2013 by Polly York

1330: Initial weekly unemployment claims dropped by 23,000 to 340,000, versus the 346,000 expected by the consensus. The...

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Grexit no longer as likely, says Citi economist

Posted on: 23 May 2013 by Polly York

Citigroup Chief Economist Willem Buiter has changed his mind and no longer expects Greece to exit the euro imminently....

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ECB needs to do more as PMI signals Q2 Eurozone recession, says Markit

Posted on: 23 May 2013 by Polly York

Eurozone private sector activity hit a three-month high in May, but still remained 'deep in contraction territory', acco...

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Spanish hotel stays take a hit in April

Posted on: 23 May 2013 by Polly York

Overnight stays in hotel estabilishments in Spain have fallen 11 percent on a year-on-year basis for the month of April,...

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London midday: Rally runs out of steam after Bernanke comments

Posted on: 23 May 2013 by Polly York

Markets tumbled by around two per cent on Thursday morning as investors chose to take profits in the aftermath of commen...

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Asia: Nikkei plunges over seven per cent

Posted on: 23 May 2013 by Polly York

Japan's Nikkei suffered its biggest one-day drop in two years on Thursday as an unexpected contraction in Chinese manufa...

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Spain sees borrowing costs tick higher at bond auction

Posted on: 23 May 2013 by Polly York

The Spanish Treasury has returned to the sovereign debt market and found that its borrowing costs have ticked higher on ...

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Market overview: Halfords, St James’s Place fall sharply on FTSE 250

Posted on: 23 May 2013 by Polly York

1020: The FTSE 100 has now lost nearly two per cent on the day as heavy falls in the banking and mining sectors reflect ...

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Europe open: Fed comments and Chinese manufacturing data weigh

Posted on: 23 May 2013 by Polly York

Global equities drop, Nikkei-225 down 7 per cent, Fed comments and Chinese manufacturing data weigh, Unicredit CEO calls...

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Market overview: UK GDP expanded 0.3 per cent, as expected

Posted on: 23 May 2013 by Polly York

0930: Britain's gross domestic product expanded by 0.3 per cent in the first three months of the year, as expected and '...

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Latest News

Retailers – It’s Not What You Do…..
23 May 2013

halfs

It still isn’t getting any easier to detect a consistent trend in the retail sector. Halfords... Read more

JPMorgan fined by British watchdog
23 May 2013

A wealth management division of JPMorgan Chase has been fined 3.08m pounds by the Financial Con... Read more

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