FTSE 100 Technical Analysis: Narrowing Range Setting the Table
The FTSE is working on a triangle pattern that points to an eventual breakout; upside favored at this time but will need to wait for further cues.
Japans Tokio Marine probing validity of Greensill insurance policies
TOKYO, March 10 Reuters Japanese insurer Tokio Marine Holdings Inc said on Wednesday it is investigating the validity of insurance policies provided by its Australian unit to speciality finance firm Greensill. Greensill filed for insolvency on Monday after losing insurance coverage for its debt repackaging business and said that its largest client, GFG Alliance, had […]
Just Eat Takeaway.com sees Growth even as Pandemic Eases
Just Eat Takeaway.com expects further growth in 2021 after a surge in business during the COVID19 pandemic helped it meet expectations for fullyear 2020 earnings, the online foodordering and delivery company said on Wednesday. It expects to win market share in Britain in 2021, and achieve revenue growth, despite plans by rival Deliveroo for a […]
Adidas, Telecoms Help European Stocks Eke out Gains
Europes main index hovered near prepandemic highs on Wednesday, as a rise in shares of Adidas after an upbeat sales forecast and gains in telecoms stocks outweighed losses in mining and travel sectors. The panEuropean STOXX 600 index edged 0.2 higher after a rally in technology stocks on Tuesday pushed the benchmark to its highest […]
CHF JPY Up on Reversal Day, CAD Down on Lower Oil
Rates as of 0500 GMT Market Recap Hah! All the graphs I showed yesterday morning about the stock market went in the opposite direction Tuesday as the tech stocks came roaring back. The NYSE FANG index of 10 of the biggest tech stocks Amazon, Apple, Facebook, Tesla etc. was up a whopping 6.4 in one […]
Miners, Energy Drag UK Stocks Lower; Restaurant Group Jumps
March 10 Reuters A decline in mining stocks led British shares lower on Wednesday, while energy stocks tracked a decline in oil prices on expectations of a rise in U.S. inventories. The bluechip FTSE 100 index fell 0.4, with mining stocks, including Rio Tinto, Anglo American and BHP being the biggest drags. oil producers BP […]
Indian Shares End Higher for Third Straight Day
Indian shares notched their third straight session of gains on Wednesday, lifted by Infosys and other heavyweight information technology names, while auto stocks snapped a losing streak. The bluechip NSE Nifty 50 index added 0.51 to close at 15,174.80, while the benchmark SP BSE Sensex advanced 0.50 to end at 51,279.51. The Nifty and Sensex […]
SECs new valuation rule 2a-5 mandates greater pricing transparency
SEC’s new rule 2a-5 is the latest step in a broader push for further transparency and regulation on pricing methodologies and inputs.
India vaccine tracker: 13.1 million doses administered
A total of 13.1 million Covid vaccine doses have now been administered in India, according to data collected by Bloomberg News and Johns Hopkins University.
Singapore’s role in the future of capital
Asia is poised for a surge in capital and investment diversification as the region resets following the pandemic and new investor playbooks reshape the future of capital.