Financial markets
Yesterday's mixed performance in global stock markets was led by London's financial sector, which rallied on the back of strong performances in British Treasury notes and U.S. Treasury bonds. The Financial Times 100-share index climbed 27.9 points to 3,305.9, while Frankfurt'
Financial markets
The Halifax Building Society has introduced its first guaranteed equity bond, providing investors with a low-risk opportunity to participate in the stock market while protecting their initial investment. This move follows a growing trend among building societies and financial institutions offering similar products, which give investors a chance to benefit
Financial markets
Concerns about inflation and interest rates sent the North American stock markets sharply lower yesterday, with the Dow Jones industrial average experiencing its biggest single-day drop since February. The market's focus on interest rates was underscored by the U.S. benchmark 30-year Treasury bond climbing to its highest
Financial markets
The New York stock market faced significant declines, shedding 35.18 points or 0.9 percent, as the Dow Jones industrial average closed at 3,887.46. The Toronto Stock Exchange (TSE) also suffered, with the TSE 300-stock composite index closing down 28.89 points at 4,378.39. This
Financial markets
The Canadian bond market experienced a significant decline yesterday, with prices falling across various bond issues. The decline was attributed to concerns over the upcoming federal budget and selling pressure from foreign investors. The Canadian dollar also slipped to near seven-year lows, further contributing to the market's nervousness.
Personal finance
Investors seeking a high income from distribution bonds must be cautious, warns the David M Aaron Partnership, as these single-premium investment bonds distribute dividends but come with a risk to capital. Millions of pounds are being poured into such bonds, mainly by income-seeking investors. Distribution bonds invest in a mixture
Personal finance
As local and overseas investment markets served up spectacular returns in 1993, leading fund managers and financial advisers are warning investors to tone down their expectations for 1994. Market pundits predict a year or two of low inflation, low interest rates, and lower investment returns. Fund managers and advisers are
