30 Mar 2016 @ 20:23
London open: Stocks gain after dovish Yellen speech UK stocks rose on Wednesday as oil prices recovered and the markets assessed dovish remarks from Federal Reserve Chair Janet Yellen. Yellen on Tuesday said the central bank should proceed with caution on raising interest rates amid looming global risks to the US economy, including low oil […]
29 Mar 2016 @ 20:37
London open: Stocks advance as trading resumes after Easter break UK stocks gained on Tuesday as trading resumed following the Easter break and investors shrugged off negative session in Asia. “European markets are opening the shortened trading week on a positive note this morning as traders starting to pour money back into stocks,” said Markus […]
24 Mar 2016 @ 20:35
London open: Stocks edge lower on oil price slump London stocks dropped on Thursday as oil prices continued to slide and as investors awaited the release of UK retail sales figures. Oil prices fell after the Energy Information Administration on Wednesday reported US crude stocks rose by 9.4 million barrels to 532.5 million barrels in […]
23 Mar 2016 @ 21:44
London open: Stocks rebound after Brussels terrorist attacks London stocks rebounded on Wednesday from declines in the previous session when terrorist attacks in Brussels rocked the market. Global equity markets slumped after twin explosions at Zaventem airport and a metro station on Tuesday morning left about 34 people dead and 250 wounded. Extremists group ISIL […]
22 Mar 2016 @ 21:17
London open: Stocks fall after reports of blasts in Belgium UK stocks declined on Tuesday after reports of explosions in Belgium sent ripples through the market. At least 10 people were killed and about 30 injured after two explosions rocked Brussels’ Zaventem airport in the morning. Airport authorities confirmed the explosions, adding that flights had […]
21 Mar 2016 @ 21:18
London open: Mining stocks lead FTSE 100 lower UK stocks declined on Monday, led by mining shares as commodity prices declined. A gauge of miners were the biggest fallers on the FTSE 100 in morning trade including Anglo American, Glencore and Randgold Resources. Gold, silver and copper prices dropped on the Comex by 0.98%, 0.42% […]
18 Mar 2016 @ 20:49
London open: Stocks rise as traders process busy week London stocks gained on Friday as the market mulled over a busy week that included central bank policy decisions, a raft of economic data and the UK Budget 2016. With little on Friday’s economic calendar, investors have been left to digest proceedings earlier in the week. […]
17 Mar 2016 @ 20:35
London open: Stocks rally ahead of BoE policy announcement London stocks rallied on Thursday as investors continued to digest the previous day’s UK Budget and UK jobs data and looked towards the Bank of England’s policy announcement. Chancellor George Osborne revealed the details of the Budget 2016 on Wednesday which included plans to cut corporation […]
16 Mar 2016 @ 21:18
London open: Stocks advance ahead of UK Budget 2016 UK stocks advanced on Wednesday as investors awaited the details of the 2016 Budget. Chancellor George Osborne will set out £4bn in extra spending cuts and announce investment in the UK’s infrastructure when he presents the Budget at 1230 GMT. The Budget will also include a […]
15 Mar 2016 @ 20:56
London open: Stocks decline as oil prices fall UK stocks declined on Tuesday as oil prices continued to fall and mining stocks reversed the previous session’s gains. Oil prices extended losses from Monday as the Organization of the Petroleum Exporting Countries said that global demand for its crude would be less than previously thought in […]