The UK Economy

Malaysian JV Plexus Products (Asia) Sdn Bhd Wins First £0.9M Well Order Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering has secured a purchase order with Talisman Malaysia Limited, which is a part of REPSOL Group (MC:REP), the integrated global […]

Study on Gonka Deposit and Taurus Extension Hummingbird Resources (AIM:HUM), has announced the results of a Desktop Study on the Gonka deposit, located 5km south of the proposed Yanfolila Gold Project plant in Mali, prepared for the Company by DRA Projects. Gonka is not currently included in the Yanfolila Definitive Feasibility Study and the results […]

Survey Results Confirm High Grade Ilmenite Mineralisation Extends into Shallow Marine Environment FinnAust Mining, the AIM listed exploration company with projects in Greenland, Finland and Austria, has announced results from the bathymetry (depth) and seismic profiling survey as well as the extensive sea floor sampling programme at the Pituffik Titanium Project in Greenland. The initial...

Barclays shares (LSE:BARC) have been trending strongly downwards for several months and this is supposed to continue this year. A trend might last longer than what most people think, and as a result of this it is possible that the price would continue going south and south. The ADX period 14 is above the level […]

The USD/JPY dropped by roughly 500 pips last week, testing the demand level at 116.50. The massive drop was partly due to the perceived weakness in USD, and the bearish movement might continue this week, targeting the demand levels at 116.00 and 115.50. In view of this, long trades are not recommended until it is […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair was engaged in a smooth bullish run last week, moving upwards 420 pips before the bearish retracement that was seen on Friday (February 5, 2016). The bearish retracement could be taken as a sale in the context of an uptrend, for the […]

FTSE 250 stock (FTSE:MCX) has plunged massively while the market remains volatile. The massive plunge has resulted in a bear market, which would hold out for this year. 4 EMAs are used for this strategy and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the […]

BP has reported its results for the full year and fourth quarter of 2015. Underlying replacement cost profit for BP’s full year was $5.9 billion, compared with $12.1 billion reported for 2014, down 51%. The underlying result for the fourth quarter was $196 million compared with $2.2 billion for the fourth quarter of 2014. Underlying […]

Completion of Infrastructure Upgrades at Shoats Creek Field Northcote has announced the completion of the planned infrastructure upgrades at the Shoats Creek Field in Louisiana. Following the completion of the infrastructure upgrades, which have been inspected and approved by the State, the field is fully equipped to support production from the LM#20 well as well […]

Publication of Prospectus, Readmission to Trading on the London Stock Exchange and Placing Highlands Natural Resources announces that on 28 January 2016 it published a prospectus relating to the acquisition from Diversion Technologies LLC of an interest in 75 per cent. of certain patent and know how rights associated with ‘DT Ultravert’, a well stimulation […]