Aug 04 2023 @ 04:36
London open: Stocks edge higher with U.S. jobs data in focus London stocks were trading on a slightly mixed note, even as investors waited on the release of the latest monthly non-farm payrolls report in the States. Ahead of that, as of 0848 BST, FTSE 100 was edging up 0.02% to 7,531.61, while the second-tier […]
Aug 03 2023 @ 04:36
London open: Stocks retreat ahead of BoE London stocks were trading lower as investors waited on the Bank of England’s latest policy decision at noon. Economists were divided among those anticipating a 25 basis point interest rate hike to 5.25% and those who thought it would raise by 50bp. The latter was a possibility due […]
Aug 02 2023 @ 04:37
London open: U.S. government debt downgrade catches traders on the hop London stocks dropped at the start of the session after a downgrade of the U.S. government’s long-term credit rating caught traders on the hop. Fitch lowered the credit rating from AAA to AA+, saying that: “the repeated debt-limit political standoffs and last-minute resolutions have eroded […]
Aug 01 2023 @ 04:36
London open: Stocks nudge up as Diageo, HSBC rally London stocks nudged higher in early trade on Tuesday as investors eyed the latest reading on the UK manufacturing sector and mulled results from the likes of BP, HSBC and Diageo. At 0850 BST, the FTSE 100 was up 0.1% at 7,709.82 . The S&P Global/CIPS manufacturing PMI for July is at […]
Jul 31 2023 @ 04:36
London open: Stocks edge down; Marshalls slides on profit warning London stocks edged lower in early trade on Monday as investors mulled the latest Chinese manufacturing data and news of further measures from authorities in China to boost consumption. At 0915 BST, the FTSE 100 was down 0.2% at 7,676.16. Victoria Scholar, head of investment […]
Jul 28 2023 @ 04:37
London open: Stocks edge up as investors mull BoJ shift; StanChart rallies London stocks edged higher in early trade on Friday as investors mulled a policy shift from the Bank of Japan and results from the likes of NatWest, Standard Chartered and IAG. At 0825 BST, the FTSE 100 was up 0.2% at 7,705.18. Earlier, the BoJ maintained negative […]
Jul 27 2023 @ 04:54
London open: Stocks edge up amid earnings avalanche London stocks edged higher in early trade on Thursday as investors mulled the latest policy announcement from the Federal Reserve and waded through an avalanche of earnings. At 0910 BST, the FTSE 100 was up 0.2% at 7,692.61. Steve Clayton, head of equity funds at Hargreaves Lansdown: “The […]
Jul 26 2023 @ 04:36
London open: Stocks steady amid raft of earnings, ahead of Fed London stocks were steady in early trade on Wednesday as investors waded through a raft of earnings and looked ahead to the latest policy announcement from the Federal Reserve. At 0835 BST, the FTSE 100 was flat at 7,688.60. The Fed is widely hike […]
Jul 24 2023 @ 04:40
London open: Stocks start week on a mixed note London stocks began the week on a mixed note, after a lacklustre session on Wall Street to close out last week. The FTSE 100 was trading 16 points lower at 7,648.07, although the second-tier index was edging up by 0.01% to 19,217.76. Ipek Ozkardeskaya, senior analyst […]
Jul 19 2023 @ 04:36
London open: Housebuilders pace gains as inflation eases more than expected London stocks rallied in early trade on Wednesday, with housebuilders pacing the gains after data showed a bigger-than-expected decline in consumer price inflation, easing pressure on the Bank of England to keep hiking rates. At 0900 BST, the FTSE 100 was up 1.2% at […]