ADVFN Daily News

London open: FTSE edges lower; Ashtead rallies after results London stocks nudged lower in early trade on Tuesday, taking their cue from a downbeat session on Wall Street, after a stronger-than-expected ISM print fuelled concerns about the pace of Fed rate hikes. At 0835 GMT, the FTSE 100 was down 0.2% at 7,554.86. Susannah Streeter, […]

London open: Stocks steady ahead of services data London stocks were little changed in early trade on Monday as investors digested a grim outlook from the Confederation of British Industry and eyed the latest reading on the UK services sector. At 0825 GMT, the FTSE 100 was flat at 7,554.96. Investors were mulling the latest data out […]

London open: Stocks fall ahead of payrolls; AJ Bell surges on upgrade London stocks fell in early trade on Friday as investors eyed the latest US non-farm payrolls report. At 0910 GMT, the FTSE 100 was down 0.5% at 7,520.25. Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown, said: “The latest employment report is due from […]

London open: FTSE edges up after Powell comments London stocks edged up in early trade on Thursday following a surge on Wall Street, after Fed Chair Jerome Powell suggested the pace of rate hikes might ease as soon as this month. At 0900 GMT, the FTSE 100 was up 0.2% at 7,586.93. Matt Britzman, equity […]

London open: Stocks edge up despite uninspiring data London stocks edged higher in early trade on Wednesday despite uninspiring Chinese factory data, grim UK shop price inflation and a bleak survey on service sector confidence. At 0840 GMT, the FTSE 100 was up 0.3% at 7,530.94. Figures released earlier by the National Bureau of Statistics showed that […]

Fresh buying orders located the GBP/USD pair Today (Tuesday). This has brought some recovery from yesterday’s dip to a 3-days low. Nevertheless, GBP/USD has retraced a few pips Downwards from its daily height in the first part of the European trading period. As of now, the pair is being bought and sold beyond the 1.2000 […]

London open: Stocks rally amid China easing hopes London stocks rose in early trade on Tuesday, with commodities pacing the gains amid hopes China will ease Covid restrictions. At 0850 GMT, the FTSE 100 was up 0.9% at 7,539.68. Victoria Scholar, head of investment at Interactive Investor, said: “Risk-on sentiment has lifted European equities this morning […]

London open: Stocks fall as China protests dent sentiment London stocks fell in early trade on Monday as sentiment was hit by anti-lockdown protests in China. At 0830 GMT, the FTSE 100 was down 0.6% at 7,439.47. Victoria Scholar, head of investment at Interactive Investor, said: “Rare protests have broken out across major Chinese cities in […]

GBP/USD is facing mild selling pressure around 1.2050 before London open today. GBP/USD is trying to cheer the impetus hopes during the anxiety of main strikes in the United Kingdom and Coronavirus agitations in China. A report from Reuter has it that British public-sector pay won’t be able to match the rising inflation. This is […]

London open: Stocks steady as sterling strengthens London stocks were steady at the open Thursday, underperforming European peers amid a firmer pound, as investors digested the latest minutes from the US Federal Reserve. At 0920 GMT, the FTSE 100 was flat at 7,465.12, while sterling was 0.3% higher versus the dollar at 1.2091. Markets were […]