ADVFN News

London open: Stocks rise as pound drops on Barnier’s Brexit criticism London stocks rose in early trade on Monday, helped along by a weaker pound amid growing concerns about Brexit, as investors kept an eye on global trade developments and looked ahead to the latest manufacturing data. At 0830 BST, the FTSE 100 was up […]

Brexit represented an astonishing event in Forex markets, perhaps the most important one over the last three decades. Traders were totally surprised to see the Sterling plunging soon after the victory of ‘Leave’ at the Brexit referendum. Very few of them knew how to react to the collapse. Now, two years later, hard times for […]

London open: Stocks drop amid trade concerns but Whitbread surges on Costa sale London stocks fell early on Friday as trade concerns resurfaced, with US President Trump threatening to pull out of the World Trade Organization, but Whitbread was a bright spot as it agreed to sell its Costa coffee chain for £3.9bn. At 0835 […]

London open: Stocks drop as pound holds above $1.30 London stocks fell in early trade on Thursday despite a positive session on Wall Street, as the pound traded back above $1.30. At 0830 BST, the FTSE 100 was down 0.5% to 7,526.36, while the pound was up 0.1% against the dollar and the euro at […]

The Malta Blockchain Summit continues to raise the bar with the legendary John McAfee confirmed as a top speaker for the November show. The Malta Blockchain Summit is taking place at the InterContinental in St Julian’s, Malta, and brings with it four conferences and a massive, sold-out expo floor. Highlights include a Hackathon, an ICO […]

London open: Stocks nudge up amid US-Mexico optimism; focus shifts to Canada London stocks nudged higher in early trade on Wednesday amid ongoing optimism about the US-Mexico trade deal, with the focus shifting to Canada. At 0830 BST, the FTSE 100 was up 0.1% to 7,628.21, while the pound was 0.1% higher against the dollar […]

This week, I heard that Goldman Sachs has managed to replace 70% of their traders with Artificial Intelligence based systems and is now recruiting more programmers than traders for its offices. Wow! Let that sink in for a moment – if such an established institution is doing that then the rest are not far behind! […]

London open: Stocks rise as US and Mexico reach trade deal London stocks rose in early trade on Tuesday, tracking gains in the US, where the S&P 500 and the Nasdaq hit record highs and the Dow broke above 26,000 for the first time since February after the US and Mexico reached a new trade […]

London open: Stocks flat ahead of bank holiday weekend; Shire rallies on FDA approval London stocks were flat as a pancake in early trade on Friday ahead of the bank holiday weekend, with all eyes still on US-China relations and Fed chairman Jerome Powell’s speech at the Jackson Hole symposium. At 0825 BST, the FTSE […]

London open: Stocks flat amid US-China tit-for-tat; CRH rallies on results London stocks were flat in early trade on Thursday, with the US-China trade war very much in focus as they implemented 25% tariffs on $16bn worth of each other’s goods, as talks between the two in Washington were set to continue. At 0840 BST, […]