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The below stocks have been identified as having potential to register bigger than normal share price moves (up or down) today based on the news cited
UK 100 ( UK 100 Cash), Dow Jones (Wall Street Cash), De DAX (Germany 30 Cash) - The prospect of a higher interest-rate environment in the U.S. continues to course through markets, sending the dollar toward its steepest three-week climb against the yen since 1995. Traders see an increase in borrowing costs in December as a certainty, Treasuries and gold fell. Current Levels 6,826pts, 19,123pts, 10,699pts (Bloomberg)
Barratt Developments (BDEV.L), Taylor Wimpey (TW.L), Crest Nicholson PLC (CRST.L) - London homes are less affordable than ever before. It now costs the average Londoner 14.2 times their annual gross salary to purchase a home - the highest level on record - more than double for the U.K. as a whole. Prices in London have surged 86% since 2009 as the supply of new stock failed to meet demand from domestic home-buyers and overseas investors. Closing prices 473.40p, 147.90p, 443.20p (Bloomberg)
Centamin PLC (CEY.L), Fresnillo (FRES.L), Hochschild Mining (HOC.L), Randgold Resources (RRS.L) - Gold is being tormented by the mighty dollar, with the precious metal sinking to a nine-month low as the prospect for higher interest rates from the US next month. Closing prices 130.90p, 1244.00p, 209.20p, 5680.00p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
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