ADVFN News

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 […]

London open: Stocks rebound from previous day’s low UK stocks rebounded on Tuesday from the previous day’s slump driven by further evidence of a slowdown in China’s economy. China’s gross domestic product rose 6.9% in the third quarter, down from 7% in the second quarter but better than the 6.8% expected. Industrial production rose 5.7% […]

London open: Investors focus on positives from Chinese data Stocks moved higher at the start of trading as investors chose to focus on the positives from the raft of Chinese macroeconomic data published before the start of trading. As of 09:12 the Footsie was standing higher by 12.85 points to reach 6,390.85, while the Shanghai […]

London open: Stocks open higher on expectations of loose policy by central banks The FTSE opened on the front foot on Friday after gains in the US as sluggish economic data reduced the chances of an interest rate hike by the Federal Reserve this year. Stocks closed higher in the US as data showed consumer […]

London open: FTSE rebounds ahead of US inflation report The FTSE rebounded on Thursday from three days of declines as investors dusted off disappointing data in the previous session. Wednesday saw a worse-than-expected easing in September Chinese inflation. The consumer price index rose 1.6% from a year earlier, slowing down from a 2% increase in […]

London open: Stocks decline as China inflation slows London shares were on the back foot on Wednesday after an easing in Chinese inflation fuelled worries about the country’s weakening economy. China’s consumer price index rose 1.6% in September from a year earlier, slowing down from a 2% increase in August, according to the National Bureau […]

London open: Stocks slide as Chinese imports and exports contract London’s FTSE 100 index declined early on Tuesday after Chinese trade data showed a fall in exports and imports in September, adding to worries about the country’s flagging economy. Chinese exports decreased 3.7% in September from a year earlier in US dollar terms following a […]

London open: Stocks drop as US trading closed for holiday UK stocks dropped on Monday which will prove a quiet day for traders with US closed for a holiday and no major economic data releases. The FTSE opened down 25 points as gains in oil and mining stocks were offset by declines in banking and […]