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London open: Stocks jump on the back of Fed minutes, grim times ahead for copper London investors reacted with glee to the gains seen overnight on Wall Street after the release of the last set of Fed minutes which appeared to point to a shallower path for interest rate increases over the coming year, although […]

London open: Stocks jump on ‘dovish’ ECB remarks London’s top-flight index jumped early on Tuesday on the back of dovish comments from the European Central Bank’s chief economist and following strong gains in Wall Street the previous session which saw the S&P 500 bounce back from the prior week’s losses. Nevertheless, the weekend’s tragic events […]

London open: Stocks move higher despite Paris attacks ‘Meme pas peur’, ‘not a bit afraid’, has been the initial reaction of investors to this weekend’s terrorist attacks in Paris. Contrary to pre-market indications, the FTSE 100 quickly moved into the black on Monday morning and as of 0914 GMT, was 0.56% higher at 6,151.07. Meanwhile, […]

London open: US data, more Fedspeak ahead Investors are trying to sort the wheat from the chaff on Friday morning after a barrage of somewhat hawkish Fedspeak on the previous day weighed on markets. That comes as the S&P 500 is down by 2.7% from the intra-day high hit right after the release of the […]

London open: Chinese credit data weigh on stocks News that Chinese banks remained unwilling to lend in October weighed on stock markets across Europe on Thursday, London included. So-called aggregate financing in Asia’s largest economy, the widest measure of new credit, came in at 476.7bn yuan for October, the least in 15 months. At 0905 […]

London open: Employment data, BoE, ECB in focus Ahead of today’s employment figures in the UK and a speech from ECB president Mario Draghi, in London, data pointing to signs of a possible stabilisation in the Chinese economy helped to shore up market sentiment in early trading. As of 08:38 the Footsie was rising by […]

London open: Equity markets nudge higher as earnings lend support Stocks in London nudged a touch higher in early trade following losses in the previous session, as investors took heart from some encouraging earnings. “Despite falls in US and Asian markets the FTSE is trying to push higher thanks largely to Vodafone and National Grid […]

London open: Financials in the lead, homebuilders move lower Financials were leading gains on the Footsie early on Monday, with utilities and homebuilders again bearing the brunt of the selling pressure on the top flight index after Friday´s much stronger-than-expected US jobs report for October. The FTSE 100 was trading up by 0.33% to 6,374.53 […]

London open: All eyes trained on October US jobs report Investors stuck to the sidelines ahead of what some analysts believed would be a make-or-break jobs report for market expectations of a rate hike by the US central bank in December. Ahead of those numbers, as of 08:39 the Footsie was advancing by 7.28 points […]

London open: Investors anxious ahead of MPC’s ‘Super Thursday’ Investors in UK shares were anxious ahead of Thursday’s meeting of the Monetary Policy Committee after remarks by US Federal Reserve chairwoman Janet Yellen on the previous day led traders to push up the odds of a December rate hike across the Pond. As of 0945 […]