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London open: Equities fall ahead of BoE’s ‘Super Thursday’ UK equities were in the red ahead of the Bank of England’s ‘Super Thursday’ of announcements which includes the policy decision, meeting minutes and Inflation Report. The central bank announces its latest policy measures at 1200 BST and is expected to keep interest rates at 0.50% […]

London open: Stocks fall as oil prices reverse gains London stocks fell on Wednesday as oil prices reversed gains in the previous session and as investors awaited industrial and manufacturing data. Oil prices fell as Canadian oil sand production was expected to gradually ramp up following forced closures due to wildfires. Brent crude dropped 1.3% […]

London open: Equities gain as investors digest China data UK equities gained on Tuesday as official data showed Chinese inflation held steady and producer price deflation eased in April. China’s consumer price index rose 2.3% year-on-year in April, unchanged from the previous month and in line with analysts’ estimates. Food prices, particularly pork price inflation, […]

London open: Stocks rise as oil prices rally London stocks rose on Monday as oil prices rallied after data showed China’s crude imports rose last month. China’s crude imports jumped 7.6% in April compared to a year ago, marking the third consecutive month that crude imports exceeded 40 million tonnes. At 0851 BST Brent crude […]

London open: Stocks fall ahead of US non-farm payrolls report London stocks slid on Friday with investors taking a cautious approach ahead of the US non-farm payrolls report later. The non-farm payrolls report at 1330 BST is expected to show US employers added 200,000 jobs in April, compared to 215,000 in March. The unemployment rate […]

London open: Stocks rise ahead of UK services PMI London stocks rose on Thursday after a mixed session in Asia as investor weighed a report on China services activity and awaited UK data. Stocks in Asia were lower outside of Shanghai as a report showed a slowdown in China services growth. The Caixin services purchasing […]

London open: Stocks fall amid slate of company news UK stocks slid on Wednesday as investors waded through a plethora of corporate announcements. Sainsbury’s shares fell after the supermarket reported a 13.8% drop in full year underlying pre-tax profit to £587m as sales declined and the group grappled with the industry price war and ensuring […]

London open: Stocks fall after disappointing Chinese manufacturing data London stocks fell on Tuesday after Chinese manufacturing data came in weaker than anticipated, fuelling concerns about the world’s second largest economy. China’s official manufacturing purchasing managers’ index dropped to 50.1 in April from 50.2 in March, missing economists’ estimates of 50.4...

London open: Stocks fall as investors wade through earnings UK stocks declined on Friday as investors sifted through corporate earnings from a batch of FTSE 100-listed companies. Royal Bank of Scotland’s shares were in the red after reporting a first quarter £968m loss, more than double the loss the same period a year ago. The […]

London open: Stocks fall after FOMC and BoJ policy decisions London stocks dropped on Thursday after the Federal Reserve left the door open to an interest rate hike in June and the Bank of Japan decided against fresh stimulus. The Federal Open Market Committee kept interest rates unchanged at 0.25% to 0.50% on Wednesday following […]