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London open: UK stocks gain ahead of BoE’s Super Thursday UK stocks gained ahead of the Bank of England’s so-called Super Thursday which includes the central bank’s policy decision, meeting minutes and Inflation Report. The BoE’s Monetary Policy Committee is once again projected to vote 8-1 on maintaining the benchmark rate at 0.5% amid low […]

London open: Stocks drop following declines in Asia, US UK stocks dropped on Wednesday following declines in Asian and US markets. Asian equities closed sharply lower after a sell-off on Wall Street as concerns about falling oil prices continued to weigh on sentiment. Oil prices have been under pressure on the dimming prospect of an […]

London open: BP drags stocks into the red after posting annual loss The FTSE 100 dropped on Tuesday, led by BP after the oil major reported its worst annual loss in 20 years amid a slump in oil prices. BP’s shares tumbled after it posted a full year loss of $6.5bn (£4.53bn), reflecting write-downs and […]

London open: Stocks decline on weak Chinese data, falling oil prices The FTSE 100 opened lower on Monday after disappointing Chinese manufacturing data and a continued slump in oil prices. The official purchasing managers’ index for manufacturing fell to 49.7 in January from 49.7 the previous month, missing analysts’ expectations for a reading of 49.6 […]

London open: Stocks advance as BoJ introduces negative interest rates UK stocks advanced on Friday as Bank of Japan unexpectedly decided to introduce a negative interest rate for some deposits that it holds for the nation’s commercial banks. The BoJ said on Friday that a negative interest of -0.1% would only apply to new commercial […]

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 […]