Oct 17 2016 @ 04:07
London open: Stocks lower as Gilt yields hit post-Brexit high Stocks started the session moving lower as the yield on the benchmark 10-year Gilt set another post-Brexit high. At 0822 BST, the FTSE 100 was trading 0.46% or 32.72 points lower at 6,980.72 and the yield on the 10-year Gilt was up by eight basis […]
Oct 14 2016 @ 10:13
London open: Stocks rise after China steps out of deflation in September Stocks in London started higher following the release of Chinese inflation data which analysts and economists termed encouraging and ahead of a spate of third quarter earnings reports from several of the largest US lenders due out later in the day. As of […]
Oct 13 2016 @ 05:05
London open: Stocks in the red as miners drop on China data Equity markets in London fell in early trade as miners took a hit from uninspiring Chinese data, and after the latest Federal Reserve minutes suggested a December rate hike was on the cards. At 0830 BST, the FTSE 100 was down 0.8% to […]
Oct 12 2016 @ 04:13
London open: Stocks little changed; pound gains ground versus dollar London stocks were little changed in early trade following downbeat sessions in the US and Asia, while the pound gained back some ground against the dollar. At 0830 BST, the FTSE 100 was down 0.1% to 7,062.23. Sterling, meanwhile, was up 1.3% versus the dollar […]
Oct 11 2016 @ 03:47
London open: Stocks edge higher as pound drifts lower Stocks in London started lower but quickly moved back into the black following gains in the previous session. As of 0819 BST the FTSE 100 was up by 18.81 points or 0.26% to 7,115.87. On a light day for economic data, all eyes were on central […]
Oct 10 2016 @ 04:15
London open: Stocks little changed; William Hill rallies on merger talks Stocks in London were little changed in early trade, struggling for direction amid a lack of fresh catalysts, although deal news helped to keep things interesting. At 0830 BST, the FTSE 100 was down 0.1% to 7,040.08, while the pound was off 0.4% versus […]
Oct 07 2016 @ 03:36
London open: Shares rise as pound continues to slide lower A shockingly large drop in the value of the pound overnight gave shares a boost at the start of trading, although some traders were left scratching their heads regarding the implications of the sudden moves in foreign exchange markets. At 0830 BST the Footsie was […]
Oct 06 2016 @ 05:10
London stocks were flat in early trade, with investors likely to be reluctant to make any bold moves as the focus shifts to Friday’s non-farm payrolls release. At 0910 BST, the FTSE 100 was down 0.1% to 7,024.38 points. Meanwhile, oil prices slipped back as investors booked some profits after prices rallied overnight on the […]
Oct 05 2016 @ 04:32
London open: Stocks edge lower alongside fresh pound weakness Stocks in London began the session slightly weaker, tracking losses overnight on Wall Street on the heels of some ‘hawkish’ Fedspeak and with the monthly US non-farm payrolls report looming ever-larger on the horizon. As of 0813 BST the FTSE 100 was trading down by 15.84 […]
Oct 04 2016 @ 04:42
London open: Stocks rise as weaker sterling boosts FTSE Stocks in London rose in early trade as the weaker pound benefited exporters in the FTSE 100. At 0830 BST, the index was up 1% to 7,055.59 as the pound continued to suffer on the back of Prime Minister Theresa May’s pledge to trigger Article 50 […]