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London open: Standard Chartered and BHP Billiton lead equities lower UK stocks fell on Tuesday, led by declines in Standard Chartered and BHP Billiton following weak financials from both. BHP Billiton dragged mining stocks lower after swinging to a loss for the first time in more than 16 years. The group posted a loss of […]

London open: Miners give stocks a boost amid China stimulus hopes UK stocks gained on Monday, led by mining companies as soft Chinese data raised hopes of further stimulus measures. BHP Billiton, Rio Tinto and Anglo American were the top risers on the FTSE 100 in morning trade, albeit declines in gold and silver prices, […]

London open: FTSE opens flat ahead of UK retail sales, US inflation The FTSE 100 opened flat on Friday investors awaited the release of data on UK retail sales and US inflation. UK retail sales data for January from the Office for National Statistics is expected to reveal a 3.4% increase year-on-year and a 0.7% […]

London open: Stocks decline after China inflation misses forecasts The FTSE 100 was in the red on Thursday as mining stocks declined and China inflation rose less than expected. China’s consumer inflation increased 1.8% year-on-year in January, compared to 1.6% in December. While it marked an improvement on the previous month, it missed analysts’ estimates […]

London open: Stocks gain ahead of UK jobs data London stocks advanced on Wednesday ahead the release of UK jobs data which is expected to show a fall in unemployment. The Office for National Statistics at 0930 GMT is expected to reveal the unemployment rate fell to 5.0% in the three months to December from […]

London open: Stocks edge higher as oil prices rise London stocks gained on Tuesday as oil prices rose and investors looked ahead to UK inflation data. Oil prices advanced in morning trade following reports that Saudi Arabia’s oil minister will meet with his Russian counterpart in Doha later on Tuesday to address the crisis in […]

London open: Stocks jump after China sets higher value for the yuan Stocks jumped out of the gate after China’s central bank set a higher daily reference value for the country’s currency and after that country’s central bank chief, Zhou Xiaochuan, talked about the need for patience in balancing reform, growth and stability, as well […]

London open: Rolls-Royce and banks lead FTSE bounce Led by a relief rally in Rolls-Royce and banking stocks, shares in the UK’s blue chips threw off the negative market sentiment and bounced back strongly after hitting three-year lows the day before. Overnight, US stocks lost more than 1% while in Asia the Nikkei capped its […]

London open: Stocks track declines in Asia as investors digest Yellen speech London stocks fell on Thursday, tracking declines in Asian markets after US Federal Reserve Chair Janet Yellen highlighted her concerns about China’s wailing economy. Yellen said in a prepared speech on Wednesday that financial conditions have become less supportive of economic growth, the […]

London open: Stocks gain ahead of Yellen’s testimony UK stocks rose on Wednesday as investors brushed off concerns about the health of the world’s economy and the state of the banking system. Japan’s Nikkei was down 2.32% as the yen touched 15-month highs, making the country’s exports less competitive. Stocks have fallen to a 15-month […]