ADVFN News

London open: Stocks track gains in Asia UK stocks rose on Monday, tracking gains in Asia as an improvement in China’s fixed asset investment offset worse-than-expected industrial production and retail sales figures. China’s fixed-asset investment growth accelerated to 10.2% year-on-year in the January to February period, beating forecasts of 9.5% and compared with 10% the […]

London open: Stocks gain after ECB stimulus boost UK stocks rallied on Friday as investors continued to digest the European Central Bank’s bigger-than-anticipated stimulus package. The ECB took more action than expected on Thursday to help bring inflation back towards the target of just below 2%. The ECB unexpectedly slashed its main interest rate by […]

London open: Stocks gain ahead of ECB policy announcement UK stocks gained on Thursday as Chinese inflation grew more than anticipated and traders braced the European Central Bank’s latest policy announcement. China’s consumer price index rose 2.3% in February from a year ago, beating analysts’ forecasts for a 1.8% increase in line with the previous […]

London open: Stocks rebound ahead of UK manufacturing data London stocks rebounded on Wednesday ahead of the release of UK manufacturing data. Weak Chinese data weighed on equities on Tuesday but the market has turned around as investors await UK manufacturing and industrial reports and weigh an increase in oil prices. Data at 0930 GMT […]

London open: Stocks decline on weak Chinese trade data UK stocks declined on Tuesday as poor Chinese trade data added to worries about the health of the world’s second largest economy. Chinese exports plunged 25.4% in February from a year earlier, marking the biggest slump in more than five years and compared to analysts’ expectations […]

London open: Stocks decline as BIS warns of “gathering storm” in global economy The FTSE 100 was on the back foot on Monday after the Bank of International Settlements (BIS) warned of a “gathering storm” in the global economy. In its latest quarterly report Swiss-based bank BIS said the global economy could spiral downwards as […]

London open: Stocks gain on rally in miners The FTSE 100 started Friday on the front foot as mining stocks rallied on the back of an increase in metal and oil prices. Glencore, Anglo America, Antofagasta, BHP Billiton and Rio Tinto led the gains on London’s top tier index, bolstered by a rise in gold, […]

London open: Stocks drop as China services PMI falls UK stocks declined on Thursday as a report showed Chinese services activity slowed in February. Caixin’s purchasing managers’ index on China services fell to 51.2 in February from 52.4 in January, although remaining above the 50 level that separates an expansion from a contraction. “Of course […]

London open: Stocks gain ahead of UK construction PMI London stocks rose on Wednesday ahead of a report on UK construction that is expected to show growth in sector activity accelerated in February. Markit’s purchasing managers’ index on UK construction, released at 0930 GMT, is expected to rise to 55.0 in February from 50.0 the […]

London open: Stocks rebound as oil prices rally UK stocks rebounded on Tuesday from declines a day earlier as oil prices jumped after Saudi Arabia said it would work with other producers to limit market volatility. Brent crude rose 0.76% to $36.85 per barrel and West Texas Intermediate crude gained 1.14% to $34.14 per barrel […]