Commodities: Weaker dollar aids gold and silver buyers
(ShareCast News) – A worse than expected Philly Fed index reading dealt a further blow to US dollar strength today, which has seen gradual weakness since the start of the year as measured by the dollar index (a broad measure of us dollar strength/weakness measured against a basket of currencies) which has seen a fall from 103.210 in January to 94.121 today (1700 BST).
[20 Jul ’17 18:48]
FX round-up: Positive retail sales figures fail to excite GBP traders
(ShareCast News) – Figures released by the Office of National Statistics this morning showed an increase in month-on-month UK retail sales, with a print of 0.6% and year-on-year sales at 2.9%. Both figures beating market forecasts of 0.4% and 2.5%, respectively.
[20 Jul ’17 17:52]
Sir Vince Cable elected unopposed to Lib Dem leadership
(ShareCast News) – Sir Vince Cable has been named the new leader of the Liberal Democrats Party, becoming the oldest leader of the party in its history.
[20 Jul ’17 17:19]
Euro area consumer confidence dips in July
(ShareCast News) – Consumer confidence in the single currency bloc slipped a tad, the European Union’s executive arm said.
[20 Jul ’17 16:34]
London close: Stocks rise as pound retreats after ECB
(ShareCast News) – London stocks continued to push higher, underpinned by a weaker pound after rate-setters in Frankfurt in effect gave the ‘green-light’ to further strength in the euro and on the back of stronger than expected retail sales figures.
[20 Jul ’17 16:28]
Venn Life Sciences revenues edge higher
(ShareCast News) – Contract research organisation Venn Life Sciences said its new financial year “started well” in a trading update on Thursday, with contract wins of 5.7m secured in January and February.
[20 Jul ’17 15:45]
Sales run higher at Science in Sport
(ShareCast News) – Sports nutrition company Science in Sport reported a 28% improvement in sales in its first half on Thursday to £8.27m, in a period the board said consisted of “strong” sales increases and “significant” progress in the execution of its growth strategy.
[20 Jul ’17 15:41]
Reach4entertainment agrees variation on finance with PNC
(ShareCast News) – Media and entertainment company reach4entertainment has agreed a variation of the covenants on its three-year secured asset base facility with PNC Business Credit, it announced on Thursday, which it said reflected the shift in the weighting of its revenues in 2016 and 2017, which affected the 12-month rolling covenant test.
[20 Jul ’17 15:38]
Major dark web marketplaces shut down by US government
(ShareCast News) – US security officials claimed a major victory on Thursday as two of the so-called dark web’s largest marketplaces were shut down.
[20 Jul ’17 15:34]
DS Smith announces successful debt issuance
(ShareCast News) – Following its proposed acquisition of Interstate Resources and associated equity and debt financing back in June, DS Smith has announced a successful debt issuance on Thursday.
[20 Jul ’17 14:59]
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