22 Jun 2023 @ 19:36
London open: Stocks fall ahead of BoE rate announcement; Ocado surges London stocks fell sharply in early trade on Thursday as investors eyed another rate hike by the Bank of England. At 0905 BST, the FTSE 100 was down 1.3% at 7,460.37. Expectations have grown that the BoE could hike rates by as much as […]
21 Jun 2023 @ 19:37
London open: Stocks fall as inflation sticks at 8.7% London stocks fell in early trade on Wednesday as investors mulled a higher-than-expected UK inflation print, ahead of this week’s Bank of England rate announcement. At 0830 BST, the FTSE 100 was down 0.5% at 7,532.70. Figures out earlier from the Office for National Statistics showed that consumer […]
20 Jun 2023 @ 19:40
London open: Stocks nudge down as investors mull PBOC London stocks nudged lower in early trade on Tuesday as investors mulled the latest policy announcement from the People’s Bank of China and looked ahead to UK inflation data and an expected rate hike from the Bank of England this week. At 0840 BST, the FTSE […]
19 Jun 2023 @ 19:37
London open: Stocks fall amid China concerns London stocks fell in early trade on Monday amid concerns about China’s growth prospects, and as investors eyed another rate hike by the Bank of England this week. At 0900 BST, the FTSE 100 was down 0.3% at 7,616.89. Susannah Streeter, head of money and markets at Hargreaves […]
16 Jun 2023 @ 19:37
London open: Stocks rise after strong US session London stocks rose in early trade on Friday, taking their cue from a solid session on Wall Street. At 0820 BST, the FTSE 100 was 0.3% firmer at 7,647.25, while sterling hit its highest level against the dollar since April 2022 amid expectations of further rate hikes. […]
15 Jun 2023 @ 19:36
London open: Stocks edge down after Fed’s ‘hawkish hold’ London stocks edged lower in early trade on Thursday after the US Federal Reserve left rates unchanged but signalled that two more hikes were on the way later this year. At 0820 BST, the FTSE 100 was down 0.2% at 7,588.73. Richard Hunter, head of markets […]
14 Jun 2023 @ 19:36
London open: Stocks nudge down ahead of Fed; UK economy returns to growth London stocks nudged lower in early trade on Wednesday as investors eyed a policy announcement from the US Federal Reserve, and digested the latest UK GDP reading. At 0825 BST, the FTSE 100 was down 0.1% at 7,587.48. CMC Markets analyst Michael Hewson […]
13 Jun 2023 @ 19:37
London open: Stocks edge up as investors digest jobs data London stocks edged higher in early trade on Tuesday following a positive close on Wall Street, as the latest UK jobs data put pressure on the Bank of England to keep raising interest rates. At 0825 BST, the FTSE 100 was up 0.2% at 7,585.51. […]
12 Jun 2023 @ 19:36
London open: Stocks gain as investors eye US inflation, central bank meetings London stocks rose in early trade on Monday following losses at the end of last week, as investors braced for a week of key rate announcements and the latest US inflation reading. At 0820 BST, the FTSE 100 was up 0.4% at 7,595.63. […]
08 Jun 2023 @ 22:23
London open: Stocks flat amid interest rate worries London stocks were flat in early trade on Thursday, as interest rate worries dented sentiment. At 0840 BST, the FTSE 100 was unchanged at 7,625.87. Richard Hunter, head of markets at Interactive Investor, pointed out that markets in Asia came under some pressure following an unexpected interest rate […]