Gregory Bassett

Gregory previously worked for a leading financial news publication and is now assistant news editor of

By Gregory Bassett On Friday, August 16th, 2013

Dollar’s best weekly performance against yen since early June

The US dollar looks to be on target for its best weekly performance against the Japanese yen since early June, despite yesterday’s slip on the back of concerns for the stability of the US economy with the More...

By Gregory Bassett On Wednesday, August 14th, 2013

German and French GDP expansion leads Eurozone out of recession

France and Germany both saw their gross domestic products expand over the course of the second quarter, with their expansions beating the forecasts of analysts quite comfortably. In doing so, the two financial More...

By Gregory Bassett On Friday, July 26th, 2013

US Stocks make small gains, lead by Facebook

All three of the major indices in the United States closed up after Thursday’s trading session, albeit only slightly. There was plenty of action around the stocks of many household names, including Caterpillar More...

By Gregory Bassett On Tuesday, July 16th, 2013

FTSE 100 snaps winning streak as investors await Bernanke’s testimony

The FTSE 100 snapped its recent run of gains as investors became more cautious ahead of the Federal Reserve chairman, Ben Bernanke, making his testimony to the United States Congress on Wednesday and Thursday. More...

By Gregory Bassett On Monday, July 15th, 2013

FTSE 100 advances with little news

The old saying “no news is good news” rang true once again today on the London stock exchange as UK stocks once again advanced on the back of investors beliefs that central banks, on a global scale, More...

By Gregory Bassett On Friday, July 12th, 2013

FTSE ends the week in the green

The FTSE 100 ended the week with positive results, emerging from a turbulant period of trading to begin what is known as “earnings season” on the right foot. Sentiment has been high since the Federal More...

By Gregory Bassett On Wednesday, July 10th, 2013

Burberry rises, FTSE 100 slips

The FTSE 100 declined on Wednesday as miners finally succumbed to the pressures being applied to their industry by the seemingly endless stream of negative data reports coming out of China. The situation in China More...

By Gregory Bassett On Tuesday, July 9th, 2013

FTSE 100 rises for second successive day, US stocks also advance

The FTSE 100 advanced on Tuesday, clawing back some of its declines over the last month and a half as fears of quantitative easing slowly begin to take a backseat in the minds of investors in the markets appear More...

By Gregory Bassett On Thursday, July 4th, 2013

Rolls-Royce hit by quality concerns

British car maker Rolls-Royce have been hit with the worst type of negative PR possible for a luxury product producer after a damning account of their production methods was given in a US lawsuit. The lawsuit revolves More...

By Gregory Bassett On Thursday, July 4th, 2013

FTSE 100 rallies on Bank of England’s lack of action

The FTSE 100 advanced by 191.8 points, or 3%, ending the day at 6421.7 after the Bank of England announced that it would not be altering the 0.5% interest rate and brushed off claims that a rise in interest rates More...