Aug 08 2023 @ 05:40
London open: Shares make muted start as China data hits miners It was a subdued start for UK equity indices on Tuesday as weaker-than-expected economic data out of China dragged mining stocks into the red. Poor UK retail sales figures also dampened sentiment in the market, with the FTSE 100 trading 0.1% lower at 7,546.65 […]
Aug 07 2023 @ 05:51
London open: Stocks dip at the start of the week Stocks in London were trading slightly lower on Monday following a negative close to trading on Wall Street the week before. Last Friday, a mixed U.S. non-farm payrolls had seen stocks on the other side of the Pond finish modestly lower. “In essence there was […]
Aug 04 2023 @ 08:57
Worldcoin is a cutting-edge digital identification platform with the goal of giving people all around the world an easy way to confirm their human identity and set themselves apart from bots and AI systems. Sam Altman, the mind behind ChatGPT, co-founded the platform with Tools for Humanity. Altman’s engagement, which is intriguing, brings to light […]
Aug 04 2023 @ 05:36
London open: Stocks edge higher with U.S. jobs data in focus London stocks were trading on a slightly mixed note, even as investors waited on the release of the latest monthly non-farm payrolls report in the States. Ahead of that, as of 0848 BST, FTSE 100 was edging up 0.02% to 7,531.61, while the second-tier […]
Aug 03 2023 @ 05:36
London open: Stocks retreat ahead of BoE London stocks were trading lower as investors waited on the Bank of England’s latest policy decision at noon. Economists were divided among those anticipating a 25 basis point interest rate hike to 5.25% and those who thought it would raise by 50bp. The latter was a possibility due […]
Aug 02 2023 @ 05:37
London open: U.S. government debt downgrade catches traders on the hop London stocks dropped at the start of the session after a downgrade of the U.S. government’s long-term credit rating caught traders on the hop. Fitch lowered the credit rating from AAA to AA+, saying that: “the repeated debt-limit political standoffs and last-minute resolutions have eroded […]
Aug 01 2023 @ 05:36
London open: Stocks nudge up as Diageo, HSBC rally London stocks nudged higher in early trade on Tuesday as investors eyed the latest reading on the UK manufacturing sector and mulled results from the likes of BP, HSBC and Diageo. At 0850 BST, the FTSE 100 was up 0.1% at 7,709.82 . The S&P Global/CIPS manufacturing PMI for July is at […]
Jul 31 2023 @ 05:36
London open: Stocks edge down; Marshalls slides on profit warning London stocks edged lower in early trade on Monday as investors mulled the latest Chinese manufacturing data and news of further measures from authorities in China to boost consumption. At 0915 BST, the FTSE 100 was down 0.2% at 7,676.16. Victoria Scholar, head of investment […]
Jul 28 2023 @ 05:37
London open: Stocks edge up as investors mull BoJ shift; StanChart rallies London stocks edged higher in early trade on Friday as investors mulled a policy shift from the Bank of Japan and results from the likes of NatWest, Standard Chartered and IAG. At 0825 BST, the FTSE 100 was up 0.2% at 7,705.18. Earlier, the BoJ maintained negative […]
Jul 27 2023 @ 05:54
London open: Stocks edge up amid earnings avalanche London stocks edged higher in early trade on Thursday as investors mulled the latest policy announcement from the Federal Reserve and waded through an avalanche of earnings. At 0910 BST, the FTSE 100 was up 0.2% at 7,692.61. Steve Clayton, head of equity funds at Hargreaves Lansdown: “The […]