Monday 23rd April: Weekly technical outlook and review
EUR/USD: Weekly gain/loss: -0.35% Weekly closing price: 1.2285 Shaped by three robust weekly candles back in late 2014, the weekly supply zone priced in at 1.2569-1.2287 has held the EUR/USD captive since late January.
Donald Trump, Sadiq Khan and Elon Musk among Time's 100 most influential people of 2018
(WebFG News) – Time magazine's annual selection of the 100 most influential people on the planet includes Donald Trump, London Mayor Sadiq Khan, and entrepreneurs like Elon Musk and Jeff Bezos.
Week ahead: All eyes on first quarter GDP
(WebFG News) – The focus over the coming week will – easily – be on the first reading on UK gross domestic product for the first quarter, at least according (sort of) to the Governor of the Bank of England.
Paternoster makes £250,000 investment in first for RiverFort partnership
(WebFG News) – Natural resources investor Paternoster Resources announced on Friday that it is to invest £250,000 in a portfolio of income yielding investments arranged by RiverFort Global Capital.
FTSE 100 movers: CRH climbs on US speculation, Reckitt disappoints
(WebFG News) – The FTSE 100 extended its gains thanks to a weaker pound on Friday, though the rise was led by CRH on the back of comments from chief executive Albert Manifold about a possible US listing.
Trump blasts OPEC over 'artificially high' oil prices
(WebFG News) – Global oil prices fell after Donald Trump criticised the Organization of Petroleum Exporting Countries, stating that their “artificially high prices” would no longer be accepted.
Stocks to Watch
Sector movers: Building materials lead gains
(WebFG News) – The building materials sector was the top riser on Friday, with auto parts and household goods the laggards.CRH was the main driver of the rise on the back of a weaker dollar for the US-focused business and comments from chief executive Albert Manifold about a possible US listing.
Hot/Cold Sectors
Wolf Minerals reaches settlement in dispute with GR Engineering Services
(WebFG News) – Specialty metals producer Wolf Minerals updated the market on its ongoing disputes with GR Engineering Services on Friday, which are associated with the EPC contract for the Hemerdon tungsten and tin project in Devon, south west England.
Markets
Wishbone Gold's Honduran processing plant up and running
(WebFG News) – Precious metals firm Wishbone Gold announced on Friday that its Honduran processing plant is now fully operational after having suffered delays from adverse weather conditions last year.
Commodities
Asia report: Semiconductor slide leads markets lower
(WebFG News) – Markets in Asia were sent falling on Friday, taking their lead from a weaker session on Wall Street overnight, with the technology sector leading the declines in the region.
Currencies
DELKOS BREAKING NEWS: 80% probability that GBPUSD will trend up for the next few hours.
The latest EMU Consumer Confidence Flash number has been released as 0.4.
Stocks & Shares
Director dealings: Crest Nicholson chairman offloads 250,000 shares in Friday sale
(WebFG News) – Stephen Stone, executive chairman of housebuilder Crest Nicholson, disposed of 250,000 ordinary shares in the Surrey-based firm on Friday, collecting more than £1.2m in the process.
