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London open: Stocks edge lower in quiet trade; consumer confidence rebounds London stocks edged lower in early trade on Friday following a mostly downbeat session in Asia, as investors mulled the latest consumer confidence survey. At 0830 GMT, the FTSE 100 was down 0.3% at 7,465.03. With US markets closed on Thursday for the Thanksgiving […]

London open: Stocks edge up as oil giants rally London stocks edged higher in early trade on Thursday following a positive close on Wall Street, and helped along by a strong showing from oil giants BP and Shell. At 0855 GMT, the FTSE 100 was up 0.2% at 7,485.89, with the session likely to be quiet as US […]

London open: Stocks edge up ahead of Autumn Statement London stocks rose in early trade on Wednesday, but gains were muted as investors eyed the Autumn Statement. At 0820 GMT, the FTSE 100 was up 0.2% at 7,499.76. Chancellor Jeremey Hunt is due to deliver his statement at around 1230 GMT, after Prime Minister’s Questions. […]

London open: FTSE nudges lower after borrowing figures London stocks nudged lower in early trade on Tuesday as investors mulled the latest UK borrowing data ahead of this week’s Autumn Statement. At 0825 GMT, the FTSE 100 was down 0.1% at 7,485.70. Figures released earlier by the Office for National Statistics showed that public borrowing came in […]

BTCUSD faces resistance at $37400.00 after the October 2023 surge. Following the October 2023 financial landscape shift, a notable surge in buying momentum is evident, marked by a significant increase. However, this upward trend faced a hurdle as market conditions pushed prices to a critical supply zone at $37400.00. This shift impacted market dynamics. The […]

London open: Stocks edge down as Ashtead, Compass slide London stocks edged lower in early trade on Monday, dragged down by heavy losses for the likes of Ashtead and Compass, as investors looked ahead to the Autumn Statement this week. At 0830 GMT, the FTSE 100 was down 0.3% at 7,480.66. Sarah Coles, head of personal finance at Hargreaves […]

London open: Stocks rise despite disappointing retail sales London stocks gained in early trade on Friday as investors shrugged off disappointing UK retail sales figures. At 0830 GMT, the FTSE 100 was up 0.5% at 7,448.57. Data released earlier by the Office for National Statistics showed that retail sales unexpectedly fell in October as wet weather and […]

ETHUSD has begun a retracement to the downside as the market becomes overbought. This came after a rapid increase in the price of Ethereum over the past few weeks. After a bounce off the $2137.00 resistance, the bears stormed the market, causing a clear pullback. Prior to the current uptrend, the previous uptrend occurred about […]

London open: Stocks little changed; Burberry tumbles on sales warning London stocks were little changed in early trade on Thursday as investors paused for breath following recent gains on the back of softer-than-expected UK and US inflation data, with Burberry under the cosh after a sales warning. At 0900 GMT, the FTSE 100 was up just 0.1% […]

London open: Stocks rally after UK inflation data London stocks rallied in early trade on Wednesday as investors welcomed a bigger-than-expected drop in UK inflation. At 0850 GMT, the FTSE 100 was up 1.1% at 7,521.40. Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: “Investors have a spring in their step, as hopes […]