Mar 17 2023 @ 06:18
London open: Stocks rise as US banks step in to help First Republic London stocks rose in early trade on Friday, tracking gains on Wall Street after a group of US banks stepped in to help First Republic Bank. At 0820 GMT, the FTSE 100 was up 0.8% at 7,470.68. On Thursday, 11 US lenders deposited […]
Mar 17 2023 @ 03:27
For readers to know which stablecoin is the biggest and most used, a list of the five most popular stablecoins is provided below. Tether (USDT): Market capitalization of about $75 billion USDC (USDC): Market capitalization of about $50 billion Binance USD (BUSD): Market Capitalization of $10 billion Dia (DIA): Market capitalization of $5 billion TrueUSD […]
Mar 16 2023 @ 05:53
London open London stocks rose in early trade on Thursday following a heavy selloff in the previous session, as bank shares recovered after Credit Suisse took a $54bn loan from the Swiss National Bank. At 0845 GMT, the FTSE 100 was up 0.9% at 7,409.47, having closed down a whopping 3.8% on Wednesday, led by banks. Beleaguered […]
Mar 15 2023 @ 06:23
London open: Stocks fall ahead of Spring Budget London stocks fell in early trade on Wednesday as investors eyed Chancellor Jeremy Hunt’s Spring Budget. At 0835 GMT, the FTSE 100 was down 0.3% at 7,617.80. Hunt confirmed ahead of the Budget that energy bills support will be extended for a further three months, meaning the […]
Mar 14 2023 @ 08:11
London open: Stocks fall again; UK jobs data in focus London stocks fell again in early trade on Tuesday, having sold off heavily in the previous session amid concerns about the fallout from the collapse of Silicon Valley Bank, as investors mulled the latest UK jobs data. At 0840 GMT, the FTSE 100 was down 0.5% […]
Mar 13 2023 @ 07:57
London open: Stocks edge lower; HSBC buys SVB’s UK arm London stocks edged lower in early trade on Monday as investors mulled news that HSBC has bought the UK arm of stricken Silicon Valley Bank for a nominal £1, and looked ahead to this week’s Budget. At 0830 GMT, the FTSE 100 was down 0.4% at 7,716.57. The acquisition […]
Mar 10 2023 @ 04:37
London open London stocks slumped in early trade on Friday following heavy losses on Wall Street, as investors mulled better-than-expected UK GDP data and looked ahead to the release of the non-farm payrolls report. At 0820 GMT, the FTSE 100 was down 1.6% at 7,757.56. In the US, the Dow closed 1.7% lower, while the […]
Mar 09 2023 @ 04:38
London open London stocks fell in early trade on Thursday amid another deluge of earnings, as investors continued to digest hawkish guidance from US Federal Reserve chair Jerome Powell on rate hikes. At 0830 GMT, the FTSE 100 was down 0.4% at 7,896.55. Victoria Scholar, head of investment at Interactive Investor, said: “European markets have opened […]
Mar 08 2023 @ 04:45
London open: Stocks fall on hawkish Powell; Admiral slumps on results London stocks fell in early trade on Wednesday, taking their cue from a downbeat session on Wall Street after a hawkish testimony from Federal Reserve chair Jerome Powell. At 0850 GMT, the FTSE 100 was down 0.2% at 7,901.04, as investors waded through a […]
Mar 07 2023 @ 04:58
London open: FTSE steady ahead of Powell testimony London stocks were steady in early trade on Tuesday as investors erred on the side of caution ahead of a testimony by US Federal Reserve chair Jerome Powell. At 0835 GMT, the FTSE 100 was flat at 7,933.95. Susannah Streeter, head of money and markets at Hargreaves Lansdown, […]