Key data this week Bold indicates the most important releases for this symbol. Tuesday 25 August, 6.00 GMT: German quarterly GDP growth (final, Q2) - consensus -10.1%, previous -2% Tuesday 25 August, 6.00 GMT: German annual GDP growth (final, Q2) - consensus -11.7%, previous -2.3% Tuesday 25 August, 8.00 GMT: Ifo Business Climate (August) -…
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FTSE 100 continues heading sideways The FTSE 100 and FTSE 250 once again struggled to find any momentum last week, sinking 1.5% and 0.9% respectively, as both indices continued to track sideways. UK economic data last week showed some improvement in a variety of areas, with positive retail sales growth, plus a marginal gain in…
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House of Fraser sets landlord ultimatum Thursday was a gloomy day for UK stocks, with the FTSE 100 sinking by 1.6% and the FTSE 250 off 0.5%. Asset managers were some of the names dragging the FTSE 100 lower, with Standard Life Aberdeen and M&G both sinking by more than 6%. Miners were down across…
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The result of the first half of 2020 includes a number of records for the Saxo Bank Group, including all time high client assets, record number of trades, record number of new clients as well as a record high growth in the equity trading business. Staff costs and administrative expenses increased 24% YoY as a result of…
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Gary Thomson, Chief Operating Officer at FXOpen UK commented: As the US is home to some of the worlds largest companies, I’m delighted we’re able to give our clients the opportunity to trade these shares as CFDs. We are continually evaluating our product offering to strive to provide the best possible trading conditions. The company…
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British Airways parent leads FTSE 100 higher as travel stocks rebound slightly The FTSE 100 added 0.6% on Wednesday, with International Consolidated Airlines Group leading the way with a 7.6% gain, following a rough few days for UK travel names. The British Airways operator was flagged as a “compelling investment into the next cycle” by…
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McKenzie was named Chief Financial Officer (CFO) of TMX back in 2016, with responsibility for the Company's Corporate Strategy, Corporate Development and Investor Relations functions, as well as Finance. In 2018, he also took on oversight of TMX's Trust and Capital Formation businesses, which includes Toronto Stock Exchange and TSX Venture Exchange. Mr. McKenzie stated:…
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FTSE 100 and FTSE 250 back in lock-step The FTSE 100 and FTSE 250 each fell by 0.8% on Tuesday, with the two indices now at an almost identical year-to-date loss. Both indices have essentially been travelling horizontally, since the beginning of June, failing to build the recovery momentum that American stocks have generated. Between…
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Cloud computing underpins many of the technologies which are being used on a daily basis, including email, video streaming and social media. Cloud services became increasingly important for companies big and small due to this year's lockdown and the sector is forecast to grow 17% worldwide in 2020 as a result. That growth is expected…
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Borussia has been training in their new outfit for almost two weeks, and played their first game in the new season's home jersey against SC Verl (4-0). In December last year, Flatex acquired 9.4% of the Amsterdam-based DeGiro with the remaining 90.6% awaiting regulatory approval. Flatex received that approval last month from DNB and now…
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