We would love to hear your thoughts about our site and services, please take our survey here.
Stock exchanges in Europe traded mixed on Tuesday as investors eyed the latest update on consumer confidence in Germany, the region's largest economy.
The DAX added 0.10%. The Euro Stoxx 50 was flat. London's FTSE 100 was down 0.07%. The CAC 40 grew 0.07%.
The euro gained 0.13% compared to the dollar to sell at 1.08511 at 7:55 am CET. The pound rose 0.15% against the greenback, trading at 1.26554 at the same time.
Baha Breaking News (BBN) / AB
Stock exchanges in Europe traded mixed on Tuesday as investors eyed the latest update on consumer confidence in Germany, the region's largest economy.
The DAX added 0.10%. The Euro Stoxx 50 was flat. London's FTSE 100 was down 0.07%. The CAC 40 grew 0.07%.
The euro gained 0.13% compared to the dollar to sell at 1.08511 at 7:55 am CET. The pound rose 0.15% against the greenback, trading at 1.26554 at the same time.
Baha Breaking News (BBN) / AB
The Daily Telegraph (Questor share tips): BUY Shanta Gold.
“Gold miners may be about to shine.”
Possibly subscription only:
https://www.telegraph.co.uk/money/investing/questor-costain-low-priced-stock-bright-future/
Gold currently $2171.60
The Times: Retail sales in Britain have started to stabilise after ten consecutive months of decline, according to an industry survey
Possibly subscription only:
https://www.thetimes.co.uk/article/hope-for-retailers-as-sales-start-to-stabilise-w6h2s8vr0
Most major European stock exchanges traded down in the premarket on Monday as investors digested last week's central banks' decisions. The Bank of England (BoE) opted to keep the key interest rate unchanged, while the Swiss National Bank (SNB) unexpectedly reduced its key interest rate by 25 basis points to 1.50%.
The DAX fell 0.08% at 8:00 am CET, while the CAC 40 declined 0.35% simultaneously. The FTSE 100 dipped 0.16% at the same time. The Euro Stoxx 50 was flat. The euro was down 0.24% against the dollar at 7:15 am CET, selling for 1.06541. The pound traded 0.27% lower versus the greenback and went for 1.23900 at the same time.
Baha Breaking News (BBN) / RR
Happy Monday y’al
Most major European stock exchanges traded down in the premarket on Monday as investors digested last week's central banks' decisions. The Bank of England (BoE) opted to keep the key interest rate unchanged, while the Swiss National Bank (SNB) unexpectedly reduced its key interest rate by 25 basis points to 1.50%.
The DAX fell 0.08% at 8:00 am CET, while the CAC 40 declined 0.35% simultaneously. The FTSE 100 dipped 0.16% at the same time. The Euro Stoxx 50 was flat. The euro was down 0.24% against the dollar at 7:15 am CET, selling for 1.06541. The pound traded 0.27% lower versus the greenback and went for 1.23900 at the same time.
Baha Breaking News (BBN) / RR
Happy Monday y’al
Gold currently $2164.84
Good to hear from you Goldgnome.
I was beginning to think we’d lost you.
Centamin is cutting a positive path to prosperity all be it at slow pace but recovery nonetheless.
Happy Saturday
United Kingdom's retail sales volumes saw an annual drop of 0.4% in February, the Office for National Statistics (ONS) said in its report published on Friday.
Compared to the previous month, the figure remained unchanged. Department stores and clothing and footwear stores experienced the strongest growth, while automotive fuel and household goods stores registered the sharpest decline. On the other hand, online sales registered the largest increase since July 2023.
In the three months to January, retail sales volumes declined by 0.2% compared to the previous such period.
Baha Breaking News (BBN) / JJ
European stocks traded mixed premarket on Friday amid the publication of more economic data and after the most recent interest rate decisions from the Bank of England (BoE) and the Swiss National Bank (SNB).
At 8:00 am CET, the DAX and the FTSE 100 were flat, while the CAC 40 fell 0.20%, and the pan-European Euro Stoxx 50 decreased by 0.42%.
The euro and the British pound were down 0.24% and 0.23% against the dollar at 8:00 am CET, selling for $1.08329 and $1.26291, respectively.
Baha Breaking News (BBN) / JG
Happy Friday y’al
Enjoy your weekend.
European stocks traded mixed premarket on Friday amid the publication of more economic data and after the most recent interest rate decisions from the Bank of England (BoE) and the Swiss National Bank (SNB).
At 8:00 am CET, the DAX and the FTSE 100 were flat, while the CAC 40 fell 0.20%, and the pan-European Euro Stoxx 50 decreased by 0.42%.
The euro and the British pound were down 0.24% and 0.23% against the dollar at 8:00 am CET, selling for $1.08329 and $1.26291, respectively.
Baha Breaking News (BBN) / JG
Happy Friday y’al
Enjoy your weekend.
Gold currently $2170.05
Financial Times: The Bank of England governor Andrew Bailey yesterday signalled that its Monetary Policy Committee was edging closer to cutting borrowing costs as it held interest rates at 5.25%.
The Times: The FTSE 100 rose to its highest level in nearly 11 months, as global equity markets rallied on the prospect of interest rate cuts in the coming months by Britain, America and Europe.
The Times: Activity across the UK’s private sector has grown steadily this month, showing further signs that the economy has climbed out of a ‘brief recession’.
The Guardian: Next has said the prices it charges customers are falling, as the fashion and homeware retailer reported bumper profits and pointed to an improving UK consumer backdrop
I wonder how goldgnome is doing, the last time he posted was on February 11th when the share price was 91.5p.
I do hope our Aussy friend is okay!
“Gold miner Centamin (CEY) rose 3.9%, or 4p, to 110p after reporting higher gold production last year and kept guidance on track for this year as the price of the precious metal continues to hit fresh highs. It reached a record of $2,222.39 (£1,741) per ounce on the back of the Fed’s interest rate meeting.”
Gold currently $2180.56
https://citywire.com/funds-insider/news/ftse-flies-2-higher-on-fed-rally-and-as-bailey-primes-bank-rate-cut/a2438809
New car sales rose 10.1% in February compared to the same period last year, the European Automobile Manufacturers’ Association (ACEA) reported on Thursday.
According to the association, the surge, totaling 883,608 units, reflects growing consumer confidence and interest in the automotive sector. Notably, the battery-electric vehicle (BEV) segment maintained its market share at 12%, demonstrating stable growth amidst a dynamic market landscape.
Petrol cars continue to dominate sales, with hybrid-electric models following closely. Diesel vehicles experienced a decline across most major markets, excluding Germany. France and Italy led the growth among the four major EU markets, with registrations up by 13% and 12.8%, respectively.
Baha Breaking News (BBN) / JG
I think the low dividend is a mark of the new management.
I think if they reach the level of having a few hundred million in the bank they will still be reluctant to hand it out in dividend payments.
Martin Horgan repeatedly mentions m&a, I believe he has foresight to making acquisitions which will lead to Centamin’s share price being circa £3 or £4 and even beyond.
Give the surplus cash to the shareholders is history.
Equities in Europe traded higher in the premarket on Thursday after the Federal Reserve's decision to keep the key interest rate the same propelled the Dow Jones Industrial Average to an all-time high close. Investors also prepared for the Bank of England's (BoE) new monetary policy move and the reports on services and manufacturing in Germany, the Eurozone, and Britain.
The DAX gained 0.95% at 8:00 am CET. At the same time, the FTSE 100 advanced by 0.73%. The CAC 40 increased by 0.95%. The Eurostoxx 50 went up by 1.15%.
The euro grew by 0.14% at 7:58 am CET to sell for $1.09371. Simultaneously, the pound sterling rose by 0.06% to go for $1.27933.
Baha Breaking News (BBN) / JR
World market conditions improving continuously
Equities in Europe traded higher in the premarket on Thursday after the Federal Reserve's decision to keep the key interest rate the same propelled the Dow Jones Industrial Average to an all-time high close. Investors also prepared for the Bank of England's (BoE) new monetary policy move and the reports on services and manufacturing in Germany, the Eurozone, and Britain.
The DAX gained 0.95% at 8:00 am CET. At the same time, the FTSE 100 advanced by 0.73%. The CAC 40 increased by 0.95%. The Eurostoxx 50 went up by 1.15%.
The euro grew by 0.14% at 7:58 am CET to sell for $1.09371. Simultaneously, the pound sterling rose by 0.06% to go for $1.27933.
Baha Breaking News (BBN) / JR
Happy numbers day y’al
We really couldn’t ask for better market conditions in which to announce the 2023 earnings.
Asia and Europe both trading higher plus,
Gold currently $2207.77
The price of spot gold continued to surge, breaking new records and surpassing the $2,200 milestone.
The increase was seemingly affected by the earlier Federal Reserve monetary decision to keep the rates unchanged for the fifth meeting in a row. The optimism was also driven by the Federal Reserve Chairman Jerome Powell who noted that the monetary policy easing could occur "at some point of this year."
Gold rose 0.69% at 6:59 pm ET, going for $2,201.56. At the same time, silver advanced 0.24%, selling for $25.64. Meanwhile, simultaneously, platinum gained 0.30%, going for $912.28, and palladium rose 0.31%, selling at $1,000.02.
Baha Breaking News (BBN) / DD
Currently $2206.91
The price of precious metals grew immediately after the Federal Reserve unveiled its monetary policy decision on Wednesday, with the central bank deciding to hold the rates unchanged for the fifth meeting in a row.
The policymakers appeared to be confident in implementing three rate cuts this year which seemed to increase appetite for safe-haven assets.
Silver gained 1.55% to $25.30 per ounce at 2:07 am ET. At the same time, gold rose 0.78% to sell at $2,175.20 per ounce, palladium jumped 1.27% to $989.00 per ounce, and platinum added 0.58% to go for $901.80 per ounce.
Baha Breaking News (BBN) /
Gold currently $2165.10
United States Federal Reserve's Federal Open Market Committee (FOMC) announced on Wednesday, through a statement, that its members have reached a unanimous decision to keep the federal funds rate at a range of 5.25% to 5.50% for the fifth consecutive time.
The central bank backed its decision by noting a further deceleration in inflation while emphasizing that prices still remain "elevated." Additionally, it stated that the economy experienced growth at a "strong" rate, with robust employment figures and a low rate of unemployment.
The Fed reaffirmed that it will closely monitor and evaluate further information in order to determine the most suitable course of action for monetary policy and added that it does not consider "appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably" to the 2% target.
Baha Breaking News (BBN) / RR