Shares in WH Smith top the this morning, trading their best since early Feb, thanks to a well-received Q3 trading statement versus what it reported for the first six months in mid-April. Group Sales +4% YoY compares favourably with flat growth in H1, as does more gross margin improvement thanks to cost savings. Even better…
The strongest factors influencing the direction and momentum of Foreign Exchange (FX) rates are changes in the key interest rates, themselves highly sensitive to macroeconomic data such as inflation and economic growth. Higher interest rates tend to render the currency more attractive (and vice versa) which in turn can result in it strengthening versus other currencies….
What a crazy week on the stock markets. First the markets decide to go haywire over exposure to multiple geopolitical issues, then they decide to rebound and go back to pushing new highs. How are investors supposed to make sense of it all? More importantly, how do traders make money on the stock markets when…
The outgoing week has been filled with excitement and tension for European and UK financial markets. From the panic sell-off on Tuesday, to the nervous consolidation on Wednesday, to the tentative recovery on Thursday and Friday, this week has seen it all. Here’s where the chips fell. As traders returned from a long weekend in both the…
Shares in specialty printing company De La Rue were +4% as the firm reported FY 2018 pre-tax profit nearly doubling, with revenue +7%, after company has sold off 90% of its paper business to private equity firm Epiris in February this year. Despite glowing headline figures, De La Rue’s overall FY profit guidance remained unchanged…
The strongest factors influencing the direction and momentum of Foreign Exchange (FX) rates are changes in the key interest rates, themselves highly sensitive to macroeconomic data such as inflation and economic growth. Higher interest rates tend to render the currency more attractive (and vice versa) which in turn can result in it strengthening versus other currencies….