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Markets
Dow Jones Industrial Average declines further on Friday
The Dow Jones shed another third of a percent to wrap up the trading week.
US NFP jobs figures came in above expectations, but the US Unemployment Rate also…
Amazon stock notches sixth straight gain on Friday
Amazon stock closes 2.94% higher at new all-time high.
November NFP hits well above expectations on Friday.
Amazon is still seeing positive vibes from its…
Allianz pauses talks with Amundi to form €2.8tn asset management giant
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Allianz has paused talks with Amundi and its majority…
NZD/JPY Price Analysis: Pair retreats to 87.50 as losses resume
NZD/JPY fell to 87.48 on Friday, extending its weekly losses.
Indicators are dangerously close to oversold conditions, signaling a potential correction.…
Investment trusts: a 150-year-old industry under siege
It is perhaps no surprise that an industry that has been around for more than 150 years is going to have to battle to remain relevant. Investment trusts were under siege last year…
Swamp Notes: America’s first ‘Bitcoin president’
Donald Trump once called cryptocurrencies a “scam”. He’s long since changed his tune, and now, crypto enthusiasts are hoping he’ll catapult the industry into the financial…
Trust puts ‘multi-manager’ strategy to the test
Making professional investment decisions on the basis of calls on markets, sectors or investment styles is a mug’s game. That is the suggestion of Craig Baker, global chief…
An old strategy is being reinvented on Wall St
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a former investment banker and author of…
Pound Sterling surges against USD despite upbeat US Nonfarm Payrolls
The Pound Sterling climbs to near 1.2800 against the USD after the release of the US NFP report for November.
Investors expect the Fed to cut interest rates…
Canada Unemployment Rate rises to 6.8% in November vs. 6.6% expected
Unemployment Rate in Canada rose at a faster pace than expected in November.
USD/CAD trades in positive territory near 1.4100 after the data.
The…