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London open: Stocks gain as FOMC keeps rates unchanged UK stocks advanced on Thursday after the US Federal Reserve decided to keep interest rates unchanged and struck a more cautious note on its outlook for the global economy. The Federal Open Market Committee voted unanimously to maintain rates at 0.50%, as expected by analysts, amid […]

London open: FTSE flat ahead of FOMC interest rate decision The FTSE 100 was flat on Wednesday as investors braced for the Federal Reserve’s interest rate announcement. The Federal Open Market Committee is expected to keep interest rates unchanged at 0.50% amid worries about risks stemming from the slowdown in emerging economies and falls in […]

London open: Stocks decline following losses in Asia UK stocks continued to decline on Tuesday following losses in Asia as oil prices fell below $30 per barrel. Brent crude fell 2.85% to $29.65 per barrel and West Texas Intermediate dropped 2.9% to $29.48 per barrel at 0856 GMT amid ongoing concerns about an oversupply in […]

London open: Stocks decline as oil prices fall again UK stocks declined on Monday as oil prices slid, reversing Friday’s recovery. Brent crude fell 4.07% to $30.92 per barrel and West Texas Intermediate dropped 3.7% to $31.03 per barrel at 0905 GMT. “As it is we’ve probably seen one of the worst ever starts to […]

London open: Stocks rally on oil price recovery, Draghi’s remarks UK stocks advanced on Friday after oil prices recovered and European Central Bank President Mario Draghi hinted at further stimulus. Oil prices rebounded back above the $30 per barrel level in morning trade. Brent crude jumped 4.45% to $30.61 per barrel and West Texas Intermediate […]

London open: FTSE rebounds after closing in bear market The FTSE 100 rebounded on Thursday after closing in a bear market in the previous session as China’s central bank made an aggressive cash injection into the country’s financial system. London’s top-tier index closed at 5,673.58 on Wednesday, down 3,46% on the day and more than […]

London open: Stocks decline as oil reaches fresh 12-year low UK stocks declined on Wednesday as oil prices reached a fresh 12-year low, falling below $28 per barrel. Brent crude fell 2.8% to $27.96 per barrel at 0853 GMT after the International Energy Agency warned that oil prices will likely slide further this year as […]

London open: Stocks gain as slowdown China GDP fuels stimulus hopes UK stocks rallied as disappointing economic growth data in China fuelled hopes of further stimulus measures. China’s gross domestic product rose 6.8% in the fourth quarter compared to the same period a year ago, weakening from the previous quarter’s 6.9%. Analysts had expected GDP […]

London open: Stocks gain on China measures UK stocks gained on Monday as China’s central bank introduced measures to stem capital outflows. The People’s Bank of China said on Monday it will start implementing a reserve requirement ratio (RRR) on offshore banks’ domestic deposits to restrict speculation on further depreciation of the yuan. Global financial […]

London open: Stocks decline as China enters bear market UK stocks declined on Friday following another loss in Asia as China entered a bear market. The Shanghai Composite Index fell 3.5% at the close, falling more than 20% from its December high, amid concerns about the volatility. The index was also weighed down by a […]