CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider (Saxo Bank). You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.
6 September 2016
Ravi Lockyer
US opinion polls suggest Hillary Clinton is ahead of Donald Trump in key swing US states as the campaign enters its final two months.
ARM Holdings has delisted ahead of its acquisition from Japan’s Softbank.
Redrow reported a 20% jump in revenues to £1.38bn helped by a 17% gain in volumes, partly attributable to “Help to Buy”.
Apple Corp CEO Tim Cook referred to the findings of the EU Commission, that Apple owed Ireland €13bn in back taxes as “political crap”.
UK Purchasing Managers Index rose to 52.9 ahead of expectations of 50 suggesting the UK economic expansion continued post the EU referendum vote.
Morrisons has made significant price cuts to its fresh vegetables, meats and poultry products ranging from 20%-30% – a move that could spark retaliatory action from other UK supermarkets.
Grafton the builders’ merchants flagged uncertain and competitive conditions in the UK alongside pre-tax profits of £62.8m up 8%.
UK ten year gilt yields rose slightly to 0.71% after touching lows of 0.6% during August.
BHP Billiton cut its annual dividend by 76% to 30 cents after reporting a $7.25bn loss.
Oil prices gyrated after supportive comments at the G8 meeting from Russia and Saudi Arabia, rising at first, but then falling back on lack of detail.