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Blue-chip stocks are the shares of companies that are reputable, financially stable and long-established within their sector. Over time, the companies that are considered blue-chip tend to change, so the exact definition of what is required for blue-chip status can be vague. However, a company that is considered blue-chip will tend to be at or near the very top of its sector, feature on a recognized index, and have a well-known brand.

 

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Brent crude – also referred to as Brent blend – is one of three major oil benchmarks used by those trading oil contracts, futures, and derivatives. The other two major benchmarks are West Texas Intermediate (WTI) and Dubai/Oman, though there are many smaller oil varieties traded as well.

 

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Capital gains are the profits made from the buying and selling of assets. They are made when traders sell assets – like shares or commodities – for more than they originally paid for them. The opposite of a capital gain is a capital loss.

 

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The cable is one of a few slang terms for different currency pairs; in this case, referring to British pound sterling against the US dollar. This may also be shown as GBP/USD or GBPUSD. Occasionally, people also refer to the price of the British pound as cable.

 

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