|Bid||0.00 x 68800|
|Ask||178.00 x 34300|
|Day's range||163.25 - 170.00|
|52-week range||100.98 - 186.25|
|PE ratio (TTM)||12.33|
|Forward dividend & yield||N/A (N/A)|
|1y target est||165.83|
LONDON, Dec (Shanghai: 600875.SS - news) 14 (Reuters) - World shares eked out modest gains on Thursday as cautious comments on inflation from the U.S. Federal Reserve gave investors pause on a day packed with central bank decisions in Europe. Both the European Central Bank and the Bank of England left interest rates unchanged as expected, and traders will focus on the ECB's press conference at 1330 GMT for hints on the bank's policy outlook.
Traders are turning their focus to the Federal Reserve's latest policy meeting this week hoping for clues about its interest rate timetable
LONDON, Dec (Shanghai: 600875.SS - news) 7 (Reuters) - The dollar rose to its highest level in two weeks on Thursday over optimism the United States would successfully push through tax reforms, while world shares rebounded after two straight days of losses. The U.S. currency slipped against the safe-haven Japanese yen on Wednesday after U.S. President Donald Trump said he would recognize Jerusalem as the capital of Israel - a move that imperiled Middle East peace efforts and provoked widespread condemnation. The MSCI World Index, which tracks shares in 47 countries, was up 0.1 percent.
IG Group, which provides online stockbroking and trading services to retail investors, also said the nature and timing of potential regulatory changes in Britain and some other key markets remained uncertain. "It remains difficult...to predict what impact regulatory change may have on the Group this financial year and beyond," IG Group said. Britain's financial watchdog, the Financial Conduct Authority, joined other European regulators last year to regulate the 3.5 billion pound financial spreadbetting industry, where it said most retail investors lose money.
Michael Hasenstab, an executive vice president at Franklin Templeton, said strong labour markets, rising wage pressures and a robust economy would put upward pressure on U.S. bond yields next year at a time when global central banks led by China are cutting their U.S. debt holdings. "Expectations that the new incoming Fed chief Powell will strike a hawkish stance is also helping the dollar this week," said Michael Hewson, chief markets strategist at CMC Markets (LSE: CMCX.L - news) in London.
Australian Prime Minister Malcolm Turnbull, a former investment banker, has long resisted Labor opposition calls for a royal commission into banking misconduct, but mounting political pressure forced his ...
The euro held on to its gans against the dollar following healthy European data and on hopes of an end to German political uncertainty
Former investment banker Manjit Wolstenholme, who took over the running of troubled British doorstep lender Provident Financial (Other OTC: FPLPF - news) three months ago, has died suddenly at the age of 53. Wolstenholme, who joined Provident's board in 2007, became executive chairman of the subprime lender in August after Peter Crook, who was its CEO for more than 10 years, stepped down. Provident's Senior Independent Director Malcolm Le May will take over as interim executive chairman, it said in a statement on Friday announcing Wolstenholme's death.
I would dump shares in BT Group plc (LON: BT.A) because this dividend-paying alternative looks to have a strong strategy and bright prospects.
(Reuters) - British financial spreadbetting firm CMC Markets Plc (CMCX.L) reported a 58 percent jump in first-half profit, as increased client trading helped offset challenges from a sector-wide regulatory ...
The chairman of CMC Markets (LSE: CMCX.L - news) , the financial spread-betting firm founded by Peter Cruddas, the former Tory treasurer, is to step down two years after its London flotation. Sky News has learnt that Simon Waugh, who has chaired the company for almost a decade, will retire from CMC (BSE: CMC.BO - news) 's board next month. Mr Waugh, a former Centrica (Frankfurt: A0DK6K - news) executive, will hand the reins to James Richards, who has been a non-executive director of CMC for the last two years, according to a City source briefed on the company's plans.
Carillion (Frankfurt: 924047 - news) 's shares tumbled 34 percent after the British construction company issued its third profit warning in five months and said it was heading towards a breach of debt covenants and would need fresh capital. Carillion is fighting for its survival after costly contract delays and a downturn in new business at the company, which handles major infrastructure projects for the British and other governments. The firm could end up being controlled by creditors, with one analyst predicting a debt for equity swap.
Investors tentatively returned to world stock markets looking for bargains on Thursday, after Europe's longest losing streak of the year and the worst run since March for the top global indices. After five consecutive daily losses on the MSCI (Frankfurt: 3HM.F - news) index of world stocks and seven straight falls in Europe, there was a bounce of sorts.
World stocks were set for their longest losing streak in more than six months on Wednesday as weaker commodities weighed, while the euro hit its highest levels in three weeks. A slide in crude oil prices on worries over the outlook for demand and weaker metals prices weighed on mining and energy stocks across Asia and Europe, which took their cues from the previous day's stock declines in the United States. The UK's top share index, the FTSE 100, declined half a percent while Germany's export-oriented DAX fell 1 percent, weighed down by a stronger euro, which had risen nearly half a percent in European trading hours.
Uncertainty over a U.S. tax reform deal pushed world stock markets further away from recent record highs on Monday, while Britain's pound fell on growing concern about the future of Prime Minister Theresa May. The overall tone in stock markets was defensive after last week's sudden stumble that began with a slide in Japan.
Sterling edged down on Thursday after some chunky gains this week before a Bank of England policy decision that is widely expected to produce the first increase in interest rates in over a decade. With (Other OTC: WWTH - news) a rate hike almost entirely baked into the market, analysts will be keenly watching to see whether BoE Governor Mark Carney signals more rate rises in the coming months, an outcome that analysts say could push the British pound sharply higher, or revert to a more cautious stance. Sterling showed little reaction to a monthly survey of British construction companies released earlier in the day that beat expectations, showing unexpected growth in the sector and further cementing the likelihood of an interest rate hike.