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ADVFN News
ADVFN Morning London Market Report: Tuesday 31 March 2020
Mar 31 2020 @ 04:22
London open: Stocks rise after better-than-expected Chinese data London stocks rose in early trade on Tuesday as encouraging Chinese manufacturing figures helped to boost sentiment. At 0840 GMT, the FTSE 100 was up 1.8% at 5,663.72. Data released earlier showed that China’s manufacturing sector rebounded in March. The official manufacturing purchasing managers’ index rose to […]
ADVFN Morning London Market Report: Monday 30 March 2020
Mar 30 2020 @ 04:48
London open: Stocks in the red as oil prices slide London stocks fell in early trade on Monday as oil prices slid and as the UK coronavirus death toll continued to rise. At 0830 BST, the FTSE 100 was down 1.8% at 5,413.09. Spreadex analyst Connor Campbell said: “After an initial flurry higher the European markets […]
GBPUSD Slides as Boris Johson Contracts Coronavirus
Mar 27 2020 @ 11:02
GBPUSD just saw increased volatility at 11:15 GMT as UK PM, Boris Johnson, just announced over Twitter that he had contracted the new Coronavirus. He said he had a cough and a fever, but he also recorded a video, and in it, he was in good spirits. GBPUSD reacted by declining by 0.79% over 15 […]
ADVFN Morning London Market Report: Friday 27 March 2020
Mar 27 2020 @ 06:29
London open: Stocks drop after three days of gains; housebuilders slump London stocks fell in early trade on Friday following three consecutive days of gains, with concerns about the impact of the coronavirus pandemic continuing to mount after the US overtook China for the most confirmed coronavirus cases. At 0840 GMT, the FTSE 100 was […]
Crude Oil Price Trend Could Turn Higher on Break to March 25 High
Mar 26 2020 @ 12:33
Crude oil prices have stabilized following their drop to 17-year lows earlier this month. However, both the short-term and medium-term trends remain downwards for now. In the background, OPEC is in conversation with a Texas state energy regulator and US shale producers to coordinate oil production cuts. President Trump supports the move as the low […]
ADVFN Morning London Market Report: Thursday 26 March 2020
Mar 26 2020 @ 05:31
London open: Stocks fall ahead of BoE announcement, US jobless claims London stocks fell in early trade on Thursday as nervousness set in ahead of the release of the latest US initial jobless claims and a Bank of England rate decision. At 0830 GMT, the FTSE 100 was down 2.9% at 5,524.65. Neil Wilson, chief […]
ADVFN Morning London Market Report: Wednesday 25 March 2020
Mar 25 2020 @ 05:26
London open: Stocks rise on US stimulus package London stocks rose in early trade on Wednesday as investors cheered news that White House and Senate leaders have agreed a $2 trillion package to help prop up the US economy during the coronavirus pandemic. At 0840 GMT, the FTSE 100 was up 1.4% at 5,524.07. Spreadex analyst […]
ADVFN Morning London Market Report: Tuesday 24 March 2020
Mar 24 2020 @ 05:52
London open: Stocks rise on Asian cues; PMIs in focus London stocks rose in early trade on Tuesday, taking their cue from a positive session in Asia, which was boosted by the Federal Reserve’s latest stimulus announcement. At 0840 GMT, the FTSE 100 was up 3.6% at 5,172.24, while sterling rose 0.9% against the dollar […]
Week ahead: Pandemic keeps markets in turmoil
Mar 23 2020 @ 10:27
Paranoia and fear continued to grip the markets last week as COVID-19 continued to spread, the death toll in Europe escalated dramatically, and economic activity across much of the world was disrupted to an extent unprecedented in the modern era. Asian and European markets closed in the green on Friday after dramatic stimulus packages in […]
ADVFN Morning London Market Report: Monday 23 March 2020
Mar 23 2020 @ 05:14
London open: Stocks plunge again as US stimulus deal stalls; Covid-19 updates roll in It was a bloodbath again in London’s equity markets amid growing concerns about the impact of the coronavirus, with US Senate deadlock over stimulus souring the mood further as investors waded through another deluge of Covid-19 updates. At 0830 GMT, the […]
