Jun 14 2016 @ 04:42
London open: Stocks fall as support for Brexit grows London stocks fell on Tuesday as fears over a possible vote by Britain to leave the European Union continued to drag on investor sentiment. Polls this week have shown a growing support for Brexit ahead of the 23 June referendum, adding to worries about the impact […]
Jun 13 2016 @ 04:23
London open: Stocks fall on Brexit fears UK equities declined on Monday as concerns over a possible Brexit grew ahead of next week’s European Union referendum. The pound fell as low as $1.4159 in early trade, its weakest since 18 April, amid rising fears that Britain could vote to leave the EU in next Thursday’s […]
Jun 10 2016 @ 06:08
London open: Stocks fall on oil price retreat, Brexit fears London stocks fell on Friday as oil prices retreated and uncertainty surrounding the European Union referendum grew. Oil prices dropped after rising earlier this week on continued supply disruptions and government data showing a decrease in US weekly crude inventories. At 0834 BST, Brent crude […]
Jun 09 2016 @ 04:14
London open: Stocks fall as China inflation slows London stocks declined on Thursday as China inflation slowed more than expected in May. China’s consumer price index rose 2.0% year-on-year in May, down from 2.3% growth the previous month, as food prices fell. Analysts had pencilled in a 2.2% increase. The producer price index remained stuck […]
Jun 08 2016 @ 03:51
London open: Stocks fall after disappointing China trade data London stocks fell on Tuesday after China trade data missed expectations and the World Bank cut global growth forecasts. China’s global trade surplus widened to $49.98bn in May from April’s $45.6bn, missing estimates of $55.70bn. Exports fell 4.1%, compared to analysts’ forecast for a 4% drop […]
Jun 07 2016 @ 04:04
London open: Stocks rise as oil prices continue to rally London stocks rose on Tuesday as oil prices continued to gain on supply disruptions in Nigeria and forecasts for falling US crude inventories. Brent crude rose 0.25% to $50.68 per barrel and West Texas Intermediate climbed 0.22% to $49.80 per barrel at 0903 BST. The […]
Jun 06 2016 @ 04:24
London open: Equities rise on rally in mining and oil stocks UK equities rose on Monday, lifted by a rally in mining and oil stocks as crude and copper prices jumped. Anglo American, Rio Tinto and BHP Billiton were the top risers on the FTSE 100 in morning trade as copper prices increased 1.18% to […]
Jun 03 2016 @ 04:45
London open: Stocks rise as Brent reaches $50 per barrel London stocks rose on Friday as oil prices jumped and traders looked ahead to the US non-farm payrolls report. Oil prices gained even as OPEC failed to agree on output levels at Thursday’s meeting in Vienna, after government data showed a drop in US weekly […]
Jun 02 2016 @ 04:27
London open: Stocks gain ahead of OPEC and ECB meetings UK stocks rebounded on Thursday as oil prices jumped ahead of an OPEC meeting and as investors awaited the European Central Bank’s latest policy decision. Brent crude was up 0.91% to $50.18 per barrel and West Texas Intermediate increased 0.81% to $49.41 per barrel at […]
Jun 01 2016 @ 04:04
London open: Stocks fall as OECD warns on global economy UK stocks declined on Wednesday after Chinese manufacturing failed to impress and the Organisation for Economic Co-operation and Development (OECD) issued a warning on the global economy. The official China manufacturing purchasing managers’ index came in at 50.1 in May, unchanged from the previous month […]