Dec 02 2015 @ 05:37
London open: Stocks gain ahead of Eurozone CPI UK stocks gained on Wednesday morning ahead of the release of Eurozone data which is expected to show an improvement in inflation. The flash estimate of the Eurozone consumer price index for November is expected to show a 0.2% year-on-year increase, compared to 0.1% in October. Core […]
Dec 01 2015 @ 04:29
London open: Stocks boosted by banks after BoE’s stress test results UK stocks rebounded on Thursday, supporting by banking stocks after the Bank of England’s stress tests showed Britain’s biggest lenders were strong enough to survive another recession. Royal Bank of Scotland, Lloyds Banking Group, Barclays and Standard Chartered were among the top risers on the […]
Nov 30 2015 @ 04:23
London open: Stocks fall on commodity slump UK stocks opened in negative territory on Monday as a commodity slump continued to provide a drag. While the week is set to see a raft of important events – including the European Central Bank’s policy decision and the US non-farm payrolls report – Monday had a slow […]
Nov 27 2015 @ 03:49
London open: Stocks decline on commodities slump UK stocks declined on Friday morning as commodities reversed the previous day’s rally and investors awaited the release of gross domestic product data. Anglo American, Fresnillo, BHP Billiton and Rio Tinto were the top fallers on the FTSE 100 as metal prices dropped albeit copper rose. Oil prices […]
Nov 26 2015 @ 05:30
London open: Mining stocks lead FTSE higher amid lack of data London stocks opened on the front foot on Thursday, led by mining stocks, amid no notable economic data releases as traders in the US took a break for Thanksgiving. Mining stocks including Glencore, Anglo American, Antofagasta and Rio Tinto, topped the FTSE 100 in […]
Nov 25 2015 @ 02:56
London open: Stocks rebound ahead of Autumn Statement UK stocks rebounded on Wednesday ahead of Chancellor George Osborne’s joint Spending Review and Autumn Statement. Osborne is widely expected to announce deep cuts to public sector spending when he kicks off the Autumn Statement at 1130 GMT. He is also tipped to announce possible changes to […]
Nov 24 2015 @ 04:00
London open: Stocks decline ahead of Carney’s testimony, US GDP UK stocks declined on Tuesday morning ahead of Bank of England governor Mark Carney’s testimony to the Treasury Select Committee. Carney and BoE chief economist Andy Haldane will be questioned by the Committee at 1000 GMT on the central bank’s monetary policy stance. Questions are “likely […]
Nov 23 2015 @ 04:34
London open: Mining stocks drag FTSE lower UK stocks opened in the red on Monday, dragged down by mining shares, as investors weighed European manufacturing data and awaited the release of economic reports in the US. Eurozone manufacturing activity rose to a 19-month high in November. Markit’s purchasing managers’ index increased to 52.8 from 52.3 […]
Nov 20 2015 @ 04:20
London open: Stocks flat in light day for economic data London stocks were trading flat on Friday morning following fairly uninspiring sessions in the US and Asia and with remarks from central bankers filling some of the vacuum. As of 08:58 GMT the Footsie was higher by just 0.20 points or 0.0% at 6,330.13. Speaking […]
Nov 19 2015 @ 04:18
London open: Stocks jump on the back of Fed minutes, grim times ahead for copper London investors reacted with glee to the gains seen overnight on Wall Street after the release of the last set of Fed minutes which appeared to point to a shallower path for interest rate increases over the coming year, although […]