Chinese shares took a dive of over 8% this Monday, as the country’s government failed to go forth with its plan to prop up valuations, casting a thick shadow of doubt over Beijing’s efforts to fend off a deeper crash.
Monday July 27, 2015
German Ifo Business Climate – EUR – 9:00am GMT
Ifo is short for the Munich Institute for Economic Research. This survey is highly respected due to its large sample size and historic correlation with German and wider Eurozone economic conditions.
IBM stock tumbled nearly 6% Tuesday after the tech giant reported that sales declined for the thirteenth quarter straight.
The poor quarterly results, along with a bad report from aerospace company United Technologies, sent ripples across Wall Street. The Dow Jones Industrial Average declined 181 points, or 1%, to 17,919 points.
We are incredibly honored to share that we have been nominated for an award in eight different categories for Shares awards 2015, an annual event celebrating the best of the UK’s financial services industry. Wow!
Right on schedule, Apple has shared its Q3 2015 earnings results reporting revenue of $49 billion and $10.7 billion in profit during the April to June period. Notably, the company’s Q3 period is the first that includes initial Apple Watch sales as the device first launched on April 24th.
On our quest to offer you outstanding trading conditions, we have tweaked our requirements for trade values when it comes to spread betting on shares: we have moved the ticker of the bid/ask price to the left (1, 2 or 3 signs – depending on the share price) for the purpose of calculating the trade value.
The week has been pretty strong week for the technology shares in the U.S. The prices of the securities in the sector were in a mad race for scoring best, since the index USTECH100 rose to 5.46 %, closing the Friday market at 4660 points.
Monday July 20, 2015
Wholesale Trade m/m – CAD – 1:30 pm GMT
The Wholesale Trade measures the change in the total value of sales at the wholesale level, and Canada seems to be doing quite well in this department: the values for this indicator have been increasing since March 2015. Last month’s prediction was 0.3% and the actual (1.9%) – much higher. Since the Wholesale Trade is the leading indicator of consumer spending, retailers are expected to order more goods from wholesalers as they expect consumer sales to increase.