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London open: Stocks gain in quiet trade; Burberry out of fashion London stocks rose in early trade on Friday, taking their cue from a positive session in Asia. At 0850 BST, the FTSE 100 was up 0.4% at 8,412.00. Richard Hunter, head of markets at Interactive Investor, said: “Amid broad buying interest the FTSE rose to […]

London open: Stocks edge up as investors mull Nvidia results London stocks edged up in early trade on Thursday as investors mulled results from US chip maker Nvidia. At 0910 BST, the FTSE 100 was up 0.2% at 8,361.37. Commenting on Nvidia’s results, Richard Hunter, head of markets at Interactive Investor, said: “Despite an update which forecast […]

A recent Bloomberg headline highlighted that “over 90% of stablecoin transactions do not involve genuine users,” raising concerns about the legitimacy of transactions within the blockchain ecosystem. The digital asset sector has frequently been under fire for questionable transaction authenticity. For example, last year, the SEC accused Binance.US of artificially inflating its...

London open: Stocks in the black; Bunzl surges on profit upgrade London stocks rose in early trade on Tuesday as traders returned to their desks after the long weekend. At 0845 BST, the FTSE 100 was up 0.6% at 8,375.28. Richard Hunter, head of markets at Interactive Investor, said: “After an extended Bank Holiday weekend, UK […]

London open: Stocks gain as investors eye Powell speech London stocks rose in early trade on Thursday, taking their cue from a positive session on Wall Street, as investors eyed a speech by Federal Reserve chair Jerome Powell. At 0925 BST, the FTSE 100 was up 0.3% at 8,305.44. Powell is due to make a […]

London open: Stocks nudge up after borrowing figures; Fed minutes eyed London stocks nudged higher in early trade on Wednesday as investors mulled UK borrowing figures and looked ahead to the release of the latest Federal Reserve minutes. At 0840 BST, the FTSE 100 was up 0.1% at 8,279.61. Figures released earlier by the Office for […]

London open: Stocks fall as Shell, BP gush lower London stocks fell in early trade on Tuesday, with energy issues in the red as oil prices declined. At 0915 BST, the FTSE 100 was down 0.4% at 8,322.10. Richard Hunter, head of markets at Interactive Investor, said: “The absence of any obvious catalysts also led to […]

London open: Stocks edge lower in quiet trade; Plus500 rallies London stocks edged lower in early trade on Monday, with little in the way of corporate or macro news to move markets. At 0845 BST, the FTSE 100 was down 0.2% at 8,298.41. Patrick Munnelly at Tickmill Group said: “This week’s financial market movements will be influenced […]

London open: Stocks edge down in quiet trade; retail sales in focus London stocks edged lower in quiet trade early trade on Friday as investors mulled the latest UK retail sales data. At 0825 BST, the FTSE 100 was down 0.2% at 8,335.16. Figures released earlier by the Office for National Statistics showed that retail sales bounced […]

London open: FTSE nudges up as investors mull UK GDP London stocks nudged higher in early trade on Thursday as data showed the UK economy grew as expected in the second quarter. At 0845 BST, the FTSE 100 was up 0.1% at 8,291.42. Figures released earlier by the Office for National Statistics showed the economy grew 0.6% […]