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Two big uptrends in the gold market occurred in the years 1971–1980, during which gold went up by two thousand two hundred percent. Also, from 1999 to 2011, the value of gold increased by a whopping seven hundred and sixty percent. In between the two uptrends, the gold market experienced two downtrends, one from 1981 […]

London open: Stocks flat as investors digest inflation data London stocks were little changed in early trade on Wednesday as investors mulled the latest UK inflation data. At 0910 GMT, the FTSE 100 was flat at 7,849.51, while the pound was 0.4% firmer against the dollar at 1.2333. Figures released earlier by the Office for National […]

London open: FTSE nudges lower as Ocado tumbles London stocks nudged lower in early trade on Tuesday as the latest UK jobs data showed that wages grew at their fastest pace in more than 20 years in the three months to November, adding pressure on the Bank of England to hike rates. At 0910 GMT, […]

Cryptocurrency taxes are complex, but one only needs to know three pieces of information, which are the date, quantity, and price of the cryptocurrency asset that one sold. The amount one ought to pay in tax can be deduced from these three pieces of information. Things become more complicated when one is exchanging, earning, loaning, […]

London open: Stocks edge up as FTSE nears record highs London stocks nudged higher in early trade on Monday, heading towards a new record high, but the session could be fairly quiet as US markets are closed for Martin Luther King day. At 0900 GMT, the FTSE 100 was up 0.1% at 7,852.38. Susannah Streeter, […]

London open: Stocks gain after better-than-expected GDP London stocks rose in early trade on Friday after a better-than-expected UK GDP reading, as investors eyed the release of key US bank earnings. At 0825 GMT, the FTSE 100 was up 0.4% at 7,824.44. Data out earlier from the Office for National Statistics showed that the economy unexpectedly grew […]

London open: FTSE rises amid deluge of retail updates, ahead of US inflation London stocks rose in early trade on Thursday as investors eyed the latest US inflation data and waded through a deluge of retail updates. At 0845, the FTSE 100 was up 0.5% at 7,766.50. Oanda market analyst Craig Erlam said the US inflation […]

London open: FTSE edges up as JD Sports rallies, Sainsbury’s falls London stocks edged higher in early trade on Wednesday, taking their cue from a positive session on Wall Street after US Fed chair Jerome Powell refrained from saying anything about rate policy in a speech in Sweden. At 0820 GMT, the FTSE 100 was […]

London open: FTSE edges lower as investors eye Powell speech London stocks edged lower in early trade on Tuesday as investors eyed a speech by Federal Reserve chair Jerome Powell. At 0850 GMT, the FTSE 100 was down 0.3% at 7,703.26 Victoria Scholar, head of investment at Interactive Investor, said: “After the FTSE 100 closed above […]

London open: Stocks edge up as heavily-weighted miners rally London stocks edged up in early trade on Monday, with sentiment boosted by China reopening hopes and last week’s US non-farm payrolls report. At 0835 GMT, the FTSE 100 was up 0.2% at 7,712.42. Victoria Scholar, head of investment at Interactive Investor, said: “The FTSE 100 is […]