Markets


Comey says he was sacked because of Russian Federation investigation
- June 09, 2017

Rep. Eric Swawell (D-CA) said that Comey's testimony supports the idea that Trump tried to have Comey shut down the investigation into former national security advisor Michael Flynn . "My judgment was I need to get that out into the public square", he said. "No, no. Next question", the president said. After his public testimony this morning, former FBI Director James Comey also met in a closed hearing with Senators. (more...)
London attacker's mother says he was radicalized in Britain
- June 09, 2017

Butt, 27, was a British citizen born in Pakistan who was known to security services, while Italian authorities said they warned the United Kingdom that 22-year-old Zaghba was a "possible suspect". A video shows the attackers rushing towards the police marksmen and trying to kill them, with armed officers opening fire and shooting them dead in defence of their own lives and the lives of others. (more...)
UAE to jail, fine Qatar sympathisers
- June 09, 2017

Saudi Arabia has said Qatar needs to cut ties with the Palestinian Islamist group Hamas in the Gaza Strip, and the Muslim Brotherhood in Egypt, if it wanted to end its isolation. " Qatar hosts one of the largest US military bases in the region", CNN reported . Qatar denies the accusations. Meanwhile, Turkey's parliament approved sending troops to an existing Turkish base in Qatar as a sign of support. (more...)
Macron Invites Putin to France, Challenges Him on Syria and 'Fake News' Macron Invites Putin to France, Challenges Him on Syria and 'Fake News'
- June 09, 2017

Fresh from talks with his Western counterparts at a North Atlantic Treaty Organisation meeting in Brussels and a Group of Seven summit in Sicily, Mr Macron was hosting the Russian President at the sumptuous 17th century palace of Versailles outside Paris yesterday. (more...)
Eurozone growth at 2-year high but ECB set to hold fire Eurozone growth at 2-year high but ECB set to hold fire
- June 09, 2017

However, for Draghi there were no visible divisions at the Governing Council's meeting. Meeting was one for the history books. Draghi has been going out of his way to describe the current economic upturn as a result, to a great extent, of the bank's policies. (more...)
IShares Govt Bond 1-3yr UCITS ETF EUR (CE31.L)
- June 09, 2017

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. An RSI reading over 70 would be considered overbought, and a reading under 30 would indicate oversold conditions. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. A CCI reading above the +100 level would suggest that the stock is overbought and possibly primed for a correction. (more...)
Police identify two men behind London terrorist attacks
- June 09, 2017

The disclosure raises questions about the police's judgment and increases pressure on Prime Minister Theresa May , who three days before a national election is facing criticism for overseeing cuts to police during her years as interior minister, Reuters noted. (more...)
Comey says Trump fired him to undermine FBI Russia investigation
- June 09, 2017

How did the investigations begin? In a statement , The Times said , "Neither the F.B.I., nor Mr. Comey would comment or elaborate on what Mr. Sens. Patrick Leahy , D-Vt., and Al Franken, D-Minn., have asked the Federal Bureau of Investigation to check into the possibility of a third encounter at an April 2016 Trump campaign event that Sessions and Kislyak attended. (more...)
Pound dives on fears United Kingdom election may produce no clear victor
- June 09, 2017

The UK currency was down around 2.3 per cent at around $1.26 against the USA dollar and had lost 2.1 per cent against the euro to trade at over 88p sterling . "At this stage, there is no obvious way a formal, stable coalition government can be constructed, and therefore there is a high likelihood of a potentially prolonged period of uncertainty over who will be prime minister", said John Wraith, a strategist at UBS. (more...)
US Sees Crude Output Breaking 48-Year-Old Record in 2018 US Sees Crude Output Breaking 48-Year-Old Record in 2018
- June 09, 2017

Why did the API report that crude supply fell nearly 5.0 million barrels and the EIA reported an increase? Prices on Tuesday pared gains to close up 1.7 percent after the American Petroleum Institute was said to report stockpiles of the motor fuel increased by 4.08 million barrels last week. (more...)
German Industrial Production Growth Tops Expectations
- June 09, 2017

Energy production advanced 5.7 percent in April, while construction output decreased 0.1 percent. Official data released on Wednesday showed that factory orders dropped 2.1 percent on a monthly basis in April, reversing a 1.1 percent rise in March. (more...)
World stock markets firm as United Kingdom vote, European Central Bank meeting loom World stock markets firm as United Kingdom vote, European Central Bank meeting loom
- June 09, 2017

The US dollar dipped to 0.9628 Swiss franc from 0.9652 Swiss franc, and it moved down to 1.3457 Canadian dollars from 1.3474 Canadian dollars. In Tokyo , the greenback briefly rallied above ¥109.60 in the afternoon as the benchmark 225-issue Nikkei stock average retook the 20,000 mark at one point on the Tokyo Stock Exchange. (more...)
India's Infosys shares fall on media report of stake sale by founders India's Infosys shares fall on media report of stake sale by founders
- June 09, 2017

Infosys Ltd's shares continued to trade under heavy pressure after weak opening on the bourses today on news report that India's bellwether information technology services company's original founders are looking to sell their entire 12.75% equity stake and sever their all ties with the firm after a bitter feud with the current management over corporate governance. (more...)
General Election 2017: May under pressure as hung parliament confirmed
- June 09, 2017

Others were less generous towards May, and showed a dramatic narrowing between the two parties as their campaigns progressed. He then reiterated "it's pretty clear" Labour won the election. Mr Nuttall's predecessor Nigel Farage said the Brexit project would be "in some trouble" if a Corbyn-led administration took office, and suggested he might return to frontline politics if doubts were raised about the UK's withdrawal from the EU. (more...)
Footage shows last moments of London attack
- June 09, 2017

In a letter posted outside Tuesday, the Ummah Fitness Centre said staff would "help the police in any way we can". - Neighbors in Barking told CNN that they had recognized Butt as one of the three dead attackers from Saturday night. The incident followed murderous strikes in Westminster and Manchester in March and last month respectively, and Ms Dick, whose policing career spans more than 30 years, said the flurry of attacks was "unprecedented in my working life". (more...)
L'Oreal enters 'exclusive' talks to sell The Body Shop L'Oreal enters 'exclusive' talks to sell The Body Shop
- June 09, 2017

Ethical beauty chain The Body Shop was bought by L'Oreal for £652 million in 2006, but has since faced plunging profits amidst increased competition from a new range of ethical beauty brands. Natura said the acquisition would help it take a "decisive step towards internationalisation". Natura fought off a number of other bidders for The Body Group, including private equity group CVC and China's Fosun. (more...)
Shares Seesawing on Volume: Federal Realty Investment Trust (FRT)
- June 09, 2017

Independence Rlty Tr Inc now has $694.14M valuation. It is down 0.00% since June 8, 2016 and is. It has underperformed by 32.32% the S&P500. Systematic Financial Management LP now owns 1,088,135 shares of the real estate investment trust's stock worth $11,752,000 after buying an additional 190,399 shares in the last quarter. (more...)
UK Exit Poll Suggests PM May's Election Gamble Has Backfired
- June 09, 2017

Financial markets were seeming to shrug off a shock United Kingdom general election result, with a hung parliament confirmed on Friday morning but the FTSE 100 looking to begin with a slight rise. Labour leader Jeremy Corbyn called on the Prime Minister to resign, saying she should "go and make way for a government that is truly representative of this country". (more...)
May under pressure after hung United Kingdom results; Brexit dilemma loom
- June 09, 2017

Labour would increase their share from 229 to 266 seats, pointing to a hung parliament - yet another upset in a turbulent year since the European Union referendum in June 2016. May herself had said during her campaign: "It's a fact that if we lose just six seats, we will lose our majority and Jeremy Corbyn will become prime minister", predicting that the Scottish Nationalists and Liberal Democrats would back him. (more...)
Bahrain says it too will jail Qatar sympathisers Bahrain says it too will jail Qatar sympathisers
- June 09, 2017

Trump's call to Qatari ruler Emir Sheikh Tamim bin Hamad Al-Thani, a key USA ally, came as a senior Emirati official said that Gulf Arab states were not seeking regime change in Doha . official said on Wednesday. "Iran is a beneficiary of the crisis in many ways", said Gargash. Other carriers flying to Qatar are also seeing delays, as the UAE is saying they need special permission to fly over its airspace if they're going to Doha . (more...)

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