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London open: Stocks and sterling tentatively climb as EU referendum voting begins London stocks and the pound both moved higher on Thursday morning as polling stations opened for the UK referendum on EU membership, following a late tilt towards the Remain campaign in polls overnight. The FTSE 100 climbed around 28 points or 0.45% to […]

London open: Housebuilders lead FTSE higher on Brexit confidence London stocks inched up on Wednesday morning as polls showed the EU referendum remained too close to call, though rallying housebuilding and financials stocks indicated investors were confident a Brexit will be avoided. The FTSE 100 was 0.09% higher at 6,232.19 just before 0900 BST, though […]

London open: Stocks edge lower ahead of Yellen speech London stocks began the session trading slightly lower following a surge on the previous day, ahead of a key speech from US central bank chair Janet Yellen scheduled for later in the session, with the pound trading at its early May highs. As of 08:10 BST […]

London open: Stocks surge after latest poll results Stocks in London surged at the start of trading, alongside the largest gain the pound in three months, with investors taking their cue from strong gains in Asia as Brexit polls showed the Remain campaign was in the lead. As of 08:43 BST the FTSE 100 was […]

London open: Stocks gain as banks and oil recover London stocks edged up on Friday as finance stocks recovered and oil prices bounced back from declines throughout most of the week. “Of course as those pre-referendum fears really ramp up next week that could change, but for now the FTSE appears to be settling into […]

London open: Stocks fall as Fed and BoJ leave policy unchanged UK equities declined on Thursday as the Federal Reserve and the Bank of Japan left policy unchanged. The Fed left interest rates unchanged at 0.25% to 0.50%, as expected, while Chair Janet Yellen struck a fairly dovish note and conceded the upcoming UK referendum […]

London open: Stocks rise ahead of UK jobs data, Fed rate decision London stocks rebounded on Wednesday ahead of UK jobs data and the Federal Reserve’s interest rate decision. The UK jobs report at 0930 BST is expected to show employers added 60,000 jobs in the three months to April, compared to 44,000 in the […]

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 […]

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 […]

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 […]