ADVFN News

London open: FTSE flat ahead of UK construction data The FTSE opened flat on Tuesday ahead of a report that is expected to show a slowdown in UK construction activity growth. The Markit/CIPS UK construction purchasing mangers’ index is estimated to fall to 58.8 in October from 59.9 a month earlier. A reading above 50 signals […]

London open: Stocks slide on further contraction in China manufacturing UK stocks dropped after a worse-than-anticipated report on Chinese manufacturing added to concerns about the slowdown in the world’s second largest economy. The official government’s purchasing mangers’ index on manufacturing showed a reading of 49.8 for October, unchanged from the previous month but...

London open: Stocks fall ahead of Eurozone CPI London stocks were in the red on Friday as investors continued to digest a worse-than-forecast slowdown in US economic growth in the third quarter and looked ahead to Eurozone inflation figures. US gross domestic product rose an annualised 1.5% in the third quarter, down from the previous […]

London open: Stocks decline after FOMC hints at December rate hike UK stocks declined on Thursday after the Federal Reserve hinted at the possibility of a December interest rate hike. The Fed decided to keep interest rates unchanged on Wednesday at 0.25%, as expected by analysts, but left the door open to an increase in […]

London open: Shares rebound ahead of Fed’s interest rate decision After an initial stumble, the FTSE 100 on Wednesday reversed the previous day’s slump ahead of the Federal Reserve’s decision on interest rates. London’s top index had fallen into the red on Tuesday following a worse-than-expected slowdown in third quarter UK gross domestic product to […]

London open: Stocks decline ahead of UK GDP London stocks declined on Tuesday ahead of the release of UK gross domestic product data that is expected to show economic growth slowed in the third quarter. GDP, to be released at 0930 GMT, is forecast to ease to 0.6% in the third quarter from 0.7% in […]

London open: Stocks slide ahead of Fed’s interest rate decision London stocks opened the week in the red, reversing gains on Friday after the European Central Bank hinted a further stimulus in December and China cut rates. The People’s Bank of China cut its one-year deposit rate and one-year lending rate by 25 basis points […]

London open: FTSE opens on front foot on ECB stimulus hopes The FTSE opened on the front foot on Friday after European Central Bank president Mario Draghi left the door open to further stimulus. Draghi said the ECB would re-examine its €60bn a month asset purchase programme in December, noting that falling commodity prices and […]

London open: Stocks in the red ahead of ECB decision London stocks were on the back foot on Thursday ahead of the European Central Bank’s policy decision and a slate of economic data. Economists anticipate the ECB will keep interest rates, the deposit facility and the marginal lending facility unchanged at 0.05%, -0.20% and 0.30%, […]

London open: Stocks open lower as investors sift through earnings London stocks opened in the red tracking US markets which closed lower for the first time in three days. With a lack of economic data to drive equities, traders are focusing on earnings from a slate of FTSE 350 companies. Pearson was a top faller […]