UK FTSE 100 (.FTSE) hit by sell-off as China virus spreads to markets The FTSE 100 suffered a widespread sell-off as markets were unnerved by the spread of a new deadly virus in China. The UK’s main market followed Asian markets downward, shedding 1.2%, or 93 points, to trade near a two-week low at 7,558 […]
UK FTSE 100 (.FTSE) lagging a fairly flat set of European indices through the session to close in the red Shares in veterinary-focused drug maker Dechra Pharmaceuticals slipped after it warned full-year results would be weighted towards the second half following supply problems that hit its first-quarter performance. In an update to the City, Dechra […]
UK FTSE 100 (.FTSE) climbs and pound falls ahead of US and China’s trade deal The FTSE 100 has risen, gaining a boost from the falling pound, ahead of a trade deal between the US and China set to be signed tomorrow. The UK blue-chip index rose 29 points, or 0.4%, to 7,646, as companies […]
UK FTSE 100 (.FTSE) pushes higher as markets rally on cooling global tensions The global markets rallied again on Thursday as tensions between the US and Iran continued to soften. Trading sentiment was increasingly bullish over the future for multinational stock after President Trump clarified on Wednesday evening that he wanted to avoid a full-on […]
UK FTSE 100 (.FTSE) steadies as U.S.-Iran fears ease; Brexit doubts hit midcaps London’s main index recouped almost all its earlier losses on Wednesday as markets hoped flaring tensions between the United States and Iran would not escalate further, while midcaps slipped as worries of a hard Brexit resurfaced. The FTSE 100 .FTSE ended roughly […]
UK FTSE 100 (.FTSE) Edges Higher As US-Iran Concerns Cool London stocks got some respite on Tuesday after worries over heightened US-Iran tensions unnerved traders in the previous session. Wm Morrison Supermarkets was among the top performers in the FTSE 100 despite reporting a dip in sales, while Standard Life Aberdeen fell after receiving ratings […]
UK FTSE 100 (.FTSE) falls and gold hits seven-year high as Iran fears grow Mounting anxiety over the fallout from the US assassination of Iran’s general Qasem Soleimani pushed the UK stock market 1% lower with oil and gold making further advances. The FTSE 100 shed 74 points to 7,548, reversing Friday’s oil-led bounce, with […]
UK FTSE 100 (.FTSE) surged in the first trading session of the new decade Britain’s stock market indexes surged in the first trading session of the new decade, as investors welcomed China’s monetary policy easing and U.S. President Donald Trump set the date for sealing a Phase 1 trade deal with Beijing. The FTSE 100 […]
Will the UK FTSE 100 (.FTSE) smash the 8,000 barrier this year? Some markets watchers think it’s on the cards The FTSE 100 index could smash through the 8000 mark for the first time this year, according to stock market experts. Having risen by 12.1 per cent in 2019 and 39.3 per cent in the […]
UK FTSE 100 (.FTSE) ends 11-day run of growth as traders cash in The London Stock Exchange’s blue chip index ended its Christmas rally of 11 straight days of growth by turning red on Monday – the final full day’s trading in 2019. Analysts and experts predicted the downturn came as investors started cashing in […]
UK FTSE 100 (.FTSE) gains have been supported by a landslide victory for Prime Minister Boris Johnson in the British national election The FTSE 100 .FTSE was up by 0.4%, rising for the seventh straight session. Its gains have been supported by a breakthrough on a U.S.-China trade deal and a landslide victory for Prime […]
City enjoying ‘Boris bounce’ and US-China talks as UK (.FTSE) 100 soars The FTSE 100 soared more than 2% on Monday as investors continued to enjoy the election result and took comfort in the US and China taking the first tentative steps towards a new trade deal. By close of play, it was up 166 […]
UK FTSE 100 (.FTSE) stocks hit record high after Boris Johnson wins Tory landslide Stock markets and the pound rose sharply on Friday after Boris Johnson’s Conservatives secured a resounding general election win. The FTSE 250 index of mid-sized UK firms surged 4 per cent to an all-time high on hopes that Mr Johnson will swiftly […]
UK FTSE 100 (.FTSE) rallies as Trump tweets US close to ‘big deal’ with China The FTSE 100 has followed global stock markets higher after US president Donald Trump tweeted a trade deal with China was ‘very close’. The UK blue-chip index closed 57 points, or 0.8%, higher at 7,273 while in the US, the […]
UK FTSE 100 (.FTSE) lower as oil majors and Asia-exposed financials fell on China growth worries London’s exporter-heavy FTSE 100 inched lower on Monday as oil majors and Asia-exposed financials fell on China growth worries and as the pound strengthened, while a 72% slump in Tullow Oil single-handedly dragged down midcaps. The blue-chip index was […]
UK FTSE 100 (.FTSE) trades slightly lower amid sterling strength The FTSE 100 is trading down with just one week left before the UK goes to the polls in the general election on 12 December. The political parties enter their final week of campaigning, with the Conservatives leading in the polls. At 8.40am, the FTSE […]
UK FTSE 100 (.FTSE) optimism around the British election supports the mid-cap index London’s FTSE 100 ended a four-day losing run on Wednesday as a report that the United States and China were moving closer to a trade deal lifted demand for risky assets, while optimism around the British election supported the mid-cap index. Markets […]
UK FTSE 100 (.FTSE) reverses, global markets fall as US hits Brazil and Argentina with steel tariffs The FTSE 100 tumbled to a 10-day low after shedding 0.8% in the wake of US president Donald Trump ramping up his global trade war by reinstating tariffs on steel imports from Brazil and Argentina. The blue chip […]
UK FTSE 100 (.FTSE) trades lower on renewed US-China trade fears, Virgin Money soars The FTSE 100 is trading lower as President Donald Trump signed into law a bill that favours the Hong Kong protestors. President Trump’s signing of the Human Rights and Democracy Act is likely to stir tensions with China just as the […]
UK FTSE 100 (.FTSE) hits four-month high as Trump says China deal close The FTSE 100 has rallied to a four-month high after Donald Trump said the US was in the ‘final throes’ of trade negotiations with China. The UK blue-chip index rose 37 points, or 0.5%, to 7,440, its highest level since early August. Trump […]
UK FTSE 100 (.FTSE) pushes higher The powerful move higher continues in the FTSE 100, as the index clears the 7405 high from 18 November and targets 7440. Previous attempts to clear this level have run out of steam, but a daily close above this level targets 7560 and 7650. The price has been able […]
UK FTSE 100 (.FTSE) higher on renewed hopes an initial Sino-U.S. trade deal may be clinched this year Britain’s FTSE 100 rose on Monday on renewed hopes an initial Sino-U.S. trade deal may be clinched this year while further signs the Conservatives are set to win an election next month drove mid-caps to their highest […]
UK FTSE 100 (.FTSE) Investors focus on Brexit While the Dow Jones and DAX 30 look to economic data, the UK equity index will likely keep its eye on the political landscape. With Boris Johnson enjoying a comfortable lead, it looks as though the Prime Minister will retain control after the December 12 general election. […]
UK FTSE 100 (.FTSE) trade worries and global uncertainty continued to weigh FTSE 100 index closed in the red on Thursday as Wall Street stocks also tumbled as trade worries and global uncertainty continued to weigh. The UK’s index of leading shares closed down around 31 points at 7,231 with defensive stocks making up the […]
UK FTSE 100 (.FTSE) falls in broad-based sell-off on trade fears The FTSE 100 has fallen into the red amid a broad-based sell-off after US president Donald Trump said he would hike tariffs if no trade deal is reached with China. The UK blue-chip index fell 73 points, or 1%, to 7,251, with only a […]
UK FTSE 100 (.FTSE) rallies on election hopes and China stimulus Election hopes continued to support UK shares as the FTSE 100 rallied, helped by safety technology company Halma (HLMA) soaring to the top of the index. The blue-chip index jumped 96 points, or 1.3%, to trade at 7,403 as prime minister Boris Johnson and […]
UK FTSE 100 (.FTSE) investors wait for another trade deal update The FTSE 100 index closed higher after a fairly subdued session on Tuesday with US stocks happy to consolidate around recent record levels awaiting more news on trade talks. At the close, the UK blue-chip index was up 18.39 points, or 0.3% at 7,388.08, […]
UK FTSE 100 (.FTSE) reaching new peaks on hopes that the US and China may sign a provisional trade deal this month to end the lengthy wrangling FTSE 100 index closed up as US shares hit new record highs, including the Dow Jones Industrial Average. Shares stateside are reaching new peaks on hopes that the […]
UK FTSE 100 (.FTSE) BoE in Focus, Election Polls Highlight Commanding Conservative Lead ollowing the largely weekly gain in 9-months for the FTSE 100, the index has seen a marginal pullback to be among the underperforming indices this week. A slight recovery in the Pound curbed further gains for the index as focus turns towards the UK […]
UK FTSE 100 (.FTSE) knocked by trade war fears The FTSE 100 suffered its biggest drop in almost a month yesterday as a series of heavyweight falls and fears that progress in US-China trade war talks may be stalling dragged on the blue-chip index. It closed the day down 82.40 points at 7,248.38, after its […]
UK FTSE 100 (.FTSE) investors in Britain in a cautious mood as UK heads for election London stocks slipped on Tuesday as the prospect of a December general election put investors in Britain in a cautious mood, while heavyweight BP slid on lower profits. Market losses accelerated after a Reuters report that a “phase one” […]
UK FTSE 100 (.FTSE) On the Rise London’s exporter-heavy FTSE 100 jumped along with its European counterparts on strong French manufacturing data, while a sharp rise for AstraZeneca after a 2019 forecast upgrade and a slide in sterling amid Brexit woes also lent support. The blue-chip index climbed 0.9% to a near one-month high, taking […]
UK FTSE 100 (.FTSE) hits one-month high; Brexit tussle bogs down midcaps Shares in domestically-focused UK firms eased on Wednesday as votes in parliament kept investors guessing on the final timing and shape of Britain’s withdrawal from the European Union, while the blue-chip FTSE 100 touched a near one-month high. The FTSE 100 climbed 0.7%, […]
UK FTSE 100 (.FTSE) all eyes on Brexit showdown in Westminster The FTSE 100 closed up 48.85 points at 7212.49 and the pound was at $1.29. In company news, Premier Inn owner Whitbread – which sold off Costa Coffee last year – has posted lower half-year profits as it said it was weighed down by […]
UK FTSE 100 (.FTSE) steady after Boris Johnson’s bid to hold new Brexit vote rejected The British pound traded flat on Monday after U.K. Prime Minister Boris Johnson was denied the possibility of trying to get his Brexit deal pushed through Parliament after a vote was frustrated over the weekend. The pound GBPUSD, +0.0231% flattened […]
UK FTSE 100 (.FTSE) outlook remain consolidatory and where the bulk of their respective indicators are neutral While the pound has been experiencing significant volatility, the FTSE 100’s movement has been relatively more sedate and range-bound, finishing lower for the week and undoing the week before’s gains. Both daily and weekly outlook remain consolidatory and […]
UK FTSE 100 (.FTSE) closes in red as Brexit talks continue FTSE 100 index closed in the red Wednesday as the strengthening pound hit the British blue-chip benchmark and its dollar earning members, while the Brexit clock continues to tick down. Footsie closed down 43.7 points at 7,167. Its midcap cousin and more UK focused […]
UK FTSE 100 (.FTSE) shares stumble as Brexit optimism fades A turbulent day on London’s markets meant that FTSE-listed stocks and sterling took a hit yesterday after optimism about a Brexit deal had buoyed traders at the end of last week. Companies exposed to the UK’s domestic economy were particularly affected as last week’s euphoria […]
UK FTSE 100 (.FTSE) and pound subdued The FTSE 100 index ended lower on Monday, weighed down by recent gains from the pound on Brexit deal hopes although the UK currency slipped back, while US stocks were only modestly higher in thin trade on Columbus day as China/US trade deal optimism cooled. At the close, […]
Amid Brexit deal hopes, UK Plc outshines UK FTSE 100 (.FTSE) Hopes that Britain will seal a Brexit deal saw unloved London-listed companies with exposure to the domestic economy rise more than blue-chip stocks on Friday, for the first time since May, in a major reversal of fortunes. JP Morgan’s UK domestic plays index that […]
UK FTSE 100 (.FTSE) breaks lower from rising wedge formation The FTSE 100 slumped lower yesterday, with the index falling sharply from a rising wedge formation. This is in line with the wider bearish trend in play since late July. We have seen the price attempt to regain ground overnight, yet that is likely to be a […]
UK FTSE 100 (.FTSE) lower after Brexit talks stall The FTSE 100 index ended in the red on Tuesday as the pound sank after Brexit talks stalled between the UK and EU. At the close, the UK blue chip index fell 54.7 points at 7,143.15, a 0.8% decline, and the pound lost 0.7% against the […]
UK FTSE 100 (.FTSE) holds firm after defending 7000 The FTSE 100 continued to rally on Friday, building on Thursday’s recovery from 7000. If this marks a low, then intraday dips should continue to find buyers with an initial target of 7200 and then 7300. The bullish view remains in place unless the price drops back below […]
UK FTSE 100 (.FTSE) posts biggest drop for over 3 years as global growth, trade wars, Brexit, Trump worries create perfect storm The FTSE 100 index recorded its biggest one-day drop for more than three years as fears over the state of the US and global economies amid trade war concerns and intensifying Brexit worries created the perfect […]
UK FTSE 100 (.FTSE) endured its worst day since the Brexit vote Panicked traders wiped £63bn off the FTSE 100 as Britain’s blue chip index endured its worst day since the Brexit vote amid a global stock market sell-off. The FTSE 100 fell by 238 points, or 3.23pc, in its biggest drop since January 2016 […]
UK FTSE 100 (.FTSE) modestly lower as a slight rally by sterling outweighed the benefit from an early bounce by US stocks The FTSE 100 index ended modestly lower on Monday as a slight rally by sterling outweighed the benefit from an early bounce by US stocks. At the close, the UK blue chip index was […]
UK FTSE 100 (.FTSE) Exporters Enjoy Pound Drop In a week that saw the Pound post its largest fall against the greenback since the beginning of August, UK exporters have been among the notable beneficiaries as the FTSE 100 outperforms its major counterparts. Alongside this, the index had been further underpinned following a shift in […]
UK FTSE 100 (.FTSE) closes higher despite slew of profit warnings London’s markets were strange to say: it’s rare of late to see movements so distinctly driven by individual stories, and less by broader trends. Either way, conditions were ideal for the FTSE, which touched its highest level since the start of August but couldn’t […]
UK FTSE 100 (.FTSE) Impeachment threat hits stocks The FTSE 100 has fallen into the red, weighed down by political storms on both sides of the Atlantic, as US Democrats launched an impeachment inquiry into president Donald Trump and prime minister Boris Johnson faced anger over his suspension of parliament was judged unlawful. The UK […]
UK FTSE 100 (.FTSE) finishes weaker as pound rises on UK Supreme Court ruling The FTSE 100 index closed lower on Tuesday as the pound jumped higher following news the UK Supreme Court had ruled that prime minister Boris Johnson’s prorogation of Parliament was unlawful. At the close, the UK blue chip index was off […]
UK FTSE 100 (.FTSE) keenly awaits Fed rate decision FTSE 100 closed a shade lower, while US stocks were down, ahead of the closely watched Fed interest rate decision due within the next couple of hours. “The mood today has been one of cautious optimism, as the US central bank are tipped to lower interest […]
UK FTSE 100 (.FTSE) advances on hopes of monetary stimulus UK blue-chips edged higher on Wednesday,buoyed by hopes of monetary stimulus from central banks as economic growth slows due to a prolonged trade war, while signs of a thaw in U.S.-China trade dispute also lifted sentiment. The FTSE 100 .FTSE was 0.4% higher by 0713 […]
UK FTSE 100 (.FTSE) stocks are subdued after mixed US jobs report FTSE 100 closed in positive territory on the day and over the week after a mixed US jobs report on Friday. The UK’s premier share index closed 11.17 points higher, at 7,282.34. Over the week as a whole, a busy one if you […]
UK FTSE 100 (.FTSE) weighed by a strengthening pound as Brexit deal hopes lifted the UK currency FTSE 100 closed lower on Thursday weighed by a strengthening pound as Brexit deal hopes lifted the UK currency. The UK’s blue-chip index finished down 75.79 points at 7,128.18 The midcap FTSE 250 lost 2.43 to stand at […]
UK FTSE 100 (.FTSE) All eyes on Fed minutes FTSE 100 closed higher midweek as traders awaited the publications minutes from last month’s US Federal Reserve meeting. Traders hope the tone from the US monetary policy committee meeting will be towards a further easing of interest rates, rather than a tightening of policy, which is making […]
UK FTSE 100 (.FTSE) gains reverse as fears of further political turmoil in Italy rise It was a day of two halves for both currency and equity traders in the UK after the FTSE 100 reversed early gains to end 0.9pc lower at 7,125 points. The mid-cap FTSE 250 also slipped, ending 0.5pc lower at […]
UK FTSE 100 (.FTSE) Investors remain cautious The FTSE 100 closed up 72.50 points at 7189.65 and the pound was at $1.21 against the dollar. Investors remain cautious as they continue to juggle a lethal cocktail of US-China trade wars, tensions in Hong Kong, a slowing global economy, uncertainty in Italy and Brexit. Meanwhile, the […]
UK FTSE 100 (.FTSE) investors rushed to sell-off risky assets London’s FTSE 100 was pushed into the red today by several heavyweight stocks that traded without dividend entitlement, while gains in gambling firm GVC and trading platform Plus500 helped the mid-cap index outperform. The FTSE 100 shed 0.3 per cent, as worries of an imminent […]
UK FTSE 100 (.FTSE) tumbled to its lowest in more than two months after the yields on 10-year U.S. and UK government bonds fell Britain’s FTSE 100 tumbled to its lowest in more than two months on Wednesday after the yields on 10-year U.S. and UK government bonds fell below two-year equivalents for the first […]
UK FTSE 100 (.FTSE) higher and US shares headed north too as tensions eased over US/ China trade FTSE 100 closed the day higher and US shares headed north too as tensions eased over US/ China trade. Britain’s blue-chip index clocked off 24.18 points higher at 7,250.90. The mid-cap index FTSE 250 also rose – up […]
UK FTSE 100 (.FTSE) surrendered early gains with Asia-focused shares particularly badly hit by worries over protests in Hong Kong London’s FTSE 100 surrendered early gains on Monday, with Asia-focused shares particularly badly hit by worries over protests in Hong Kong, while tour company Thomas Cook plunged after updating on its recapitalisation plans. The FTSE […]
UK FTSE 100 (.FTSE) threats to the global economy are brewing It is a tough time to be an investor right now. Even a quick glance at the business pages of any newspaper will tell you that threats to the global economy are brewing. Donald Trump’s trade tariffs have sparked a full-blown trade war with China. […]
UK FTSE 100 (.FTSE) higher as trader optimism appeared to bounce back FTSE 100 joined other global indices and headed higher on Thursday as trader optimism appeared to bounce back. The UK index of leading shares closed 87.20 points higher at 7,285. Elsewhere, the mid-cap FTSE 250 added over 196 points to stand at 19,137. […]
UK FTSE 100 (.FTSE) still plenty of investor unease over the state of the global economy FTSE 100 closed higher on Wednesday, reversing yesterday’s loss, but there was still plenty of investor unease over the state of the global economy. Britain’s blue-chip benchmark closed up around 23 points on the day at 7,195. Yesterday, it […]
UK FTSE 100 (.FTSE) falls for 6th straight day London’s FTSE 100 closed sharply lower on Tuesday, its sixth straight session in the red, bringing its losses to more than 5% since U.S. President Donald Trump announced more tariffs on Chinese exports, while poor results sent Rolls-Royce tumbling. The FTSE 100 , which suffered its […]
UK FTSE 100 (.FTSE) enjoying the weak GBP The FTSE 100 has been flying high recently on the weak GBP. For those readers unsure of why the FTSE 100 rises when the GBP weakens here is a quote from part of a post I wrote at the start of the year explaining the relationship between […]
UK FTSE 100 (.FTSE) shares in the red while pound slides to $1.21 Shares closed in the red today after the FTSE 100 posted a 2 per cent rise yesterday. Meanwhile, the pound has continued to slide, and has now hit $1.21 as markets price in a no-deal Brexit. In company news, British Gas owner […]
UK FTSE 100 (.FTSE) surged to its highest in nearly a year Britain’s FTSE 100 surged to its highest in nearly a year on Monday, as shares of Just Eat and London Stock Exchange rallied on deal-related news, while exporter stocks benefited from a weaker pound amid heightened ‘no-deal’ Brexit fears. The main index .FTSE shot up […]
UK FTSE 100 (.FTSE) Bank of England will decide on its interest rate Thursday Like the Fed, the Bank of England will decide on its interest rate Thursday. While no change is expected, the meeting will accompany an inflation report and commentary on the domestic economy. With Boris Johnson recently elected as the new UK […]
UK FTSE 100 (.FTSE) domestic-focused stocks remain out of favor The U.K. stock market has been a precarious place for investors since the referendum on leaving the European Union in mid-2016. Whether or not it gets any better this year largely depends on if the country’s new prime minister delivers on his campaign promises. As […]
UK FTSE 100 (.FTSE) Boris Johnson to be Next UK Prime Minister The next Prime Minister Boris Johnson will face a tough time from the off with his confirmation as the next Tory Leader likely to be met with more resignations from the Conservative party (Philip Hammond and David Gauke to resign). That said, the […]
UK FTSE 100 (.FTSE) focus turns to central bank meetings and the outcome of the Conservative leadership election The FTSE 100 lost some momentum as Monday’s session drew to a close, with early gains eroded, as focus turns to central bank meetings and the outcome of the Conservative leadership election. The FTSE 100 index closed […]
UK FTSE 100 (.FTSE) stocks weaken as Fed rate cut hopes fade London’s FTSE 100 ended in the red on Monday as markets remained subdued on dampened hopes of a hefty rate cut by the U.S. central bank, while tobacco stocks jumped on Imperial Brands’ buyback and dividend revision plans. UK blue-chip index edged 0.1% […]
UK FTSE 100 (.FTSE) stock index has hit an 11-month high today The UK’s FTSE 100 stock index has hit an 11-month high today, boosted by the growing chances of interest rate cuts, a falling pound, and hopes of a resolution to the US-China trade war. Meanwhile the pound has fallen to its lowest level […]
UK FTSE 100 (.FTSE) rallies into key resistance to negate downtrend The FTSE 100 has managed to rally into the key 7237 resistance level this week, breaking out from the trend of lower highs that have been in place throughout the past fortnight. That move points towards a heightened possibility that we could have further upside to […]
UK FTSE 100 (.FTSE) mood remained wary and dull earnings updates kept a lid on gains Britain’s FTSE 100 ended higher on Wednesday as investors welcomed indications from Washington that it and Beijing could be closer to a trade deal, though the mood remained wary and dull earnings updates kept a lid on gains. The […]
UK FTSE 100 (.FTSE) MPs are back today after the Easter break and cross-party Brexit talks resume The FTSE 100 closed up 0.85 per cent, or 63.19 points, at 7,523.07, lifted by the likes of BP and Royal Dutch Shell, which benefited from rising oil prices. Oil prices have continued to soar to more than […]
UK FTSE 100 (.FTSE) found itself off its six-month highs Shares tumbled as much as 40% at one stage as it said this will knock profit margins, which, together with changes to premium renewal prices and investment in new products, will see underlying pre-tax profits slump up to 42% in 2019-20. It is now pencilling […]
UK FTSE 100 (.FTSE) UK Services PMI marks worst month since Brexit referendum FTSE 100 closed higher while Wall Street shares gained on Wednesday as Brexit rumblings continued. Among top risers on Footsie were big housebuilders on hopes of a ‘softer’ UK departure from the EU. Taylor Wimpey (LON:TW.) was top dog, adding 4.35% to 187.05. Persimmon (LON: PSN) […]
UK FTSE 100 (.FTSE) Lack of Direction The pound fell to a two-week low against the dollar sparking a 0.9% jump in the FTSE 100 as markets woke up to the growing risk of a no-deal Brexit. From yesterday evening sterling has dropped nearly 1% to $1.3138 against the dollar after the Democratic Unionist Party refused to […]
UK FTSE 100 (.FTSE) equities got a lift from the pound’s downturn and from buoyant miners The FTSE 100 made the expected solid start to the week as the pound took a tumble, bolstered as well by strength in commodity plays. in early trading, the blue-chip index was up 56 points (0.8%) at 7,160, with […]
UK FTSE 100 (.FTSE) Outperforms As Pound Falls After UK PMI Concerns over the UK’s economic growth following some subdued service sector data caused the pound to decline on Tuesday, in turn allowing the FTSE 100 to trump its European counterparts. Also supporting the UK headline stock index were gains for bookmaker GVC Holdings, telecommunications firm Vodafone and […]
UK FTSE 100 (.FTSE) miners and financial firms were boosted by reports that China and the United States were nearing a trade deal Britain’s blue-chip index rose on Monday as miners and financial firms were boosted by reports that China and the United States were nearing a trade deal, while Ted Baker tumbled on founder […]
UK FTSE 100 (.FTSE) rising pound as U.K.’s May delays Brexit vote London’s markets struggled on Monday, bucking a positive trend for the rest of Europe’s indexes, after the pound rose and held back the FTSE 100 on the news U.K. Prime Minister Theresa May has delayed a parliamentary vote on her Brexit deal. Heavyweight […]
UK FTSE 100 (.FTSE) at near-3-month high British blue-chip shares surged to their highest in nearly three months on Tuesday as heavyweight BP doubled its annual profit and miners rallied on higher iron ore prices while a weaker pound was also supportive. London’s main index .FTSE added 2 percent, extending itswinning streak to six days […]
UK FTSE 100 (.FTSE) rallies back into Fibonacci resistance The FTSE 100 has rallied back into the 7000-mark once more, with the 76.4% Fibonacci retracement coming into play again. The wider downtrend would require a break through 7146 to negate, and until then there is a chance we could turn lower once more. Given we are currently […]
UK FTSE 100 (.FTSE) traders eagerly anticipate Theresa May’s so called “Plan B” Brexit proposal The FTSE 100 struggled for direction on Thursday, while the pound continued to edge higher as currency traders eagerly anticipate Theresa May’s so called “Plan B” Brexit proposal. London’s top flight was off 27.76 points, or 0.4%, at 6,834.92 by […]
UK FTSE 100 (.FTSE) slides as pound rises after Brexit deal rejected The FTSE 100 slid as much as 45 points to 6850, down 0.65% at 9:40am GMT on Wednesday as a stronger pound took its pulled down the share prices of large UK multinationals in the aftermath of Theresa May’s historic Brexit defeat in parliament on […]
UK FTSE 100 (.FTSE) optimism around the continuing trade talks between China and the U.S. helped London markets were up on Wednesday, as optimism around the continuing trade talks between China and the U.S. helped lift stocks. The FTSE 100 has gained 2.6% so far this year, easing investor worries that the falls seen in […]
UK FTSE 100 (.FTSE) 2019 Depends on Brexit, if democracy rules Brexit will be done and the FTSE will rally. Overall, the bias in prices is: Sideways The projected upper bound is: 7,323.87. The projected lower bound is: 6,053.69. The projected closing price is: 6,688.78. Candlesticks A black body occurred (because prices closed lower than […]
UK FTSE 100 (.FTSE) continuining uncertainty over a no-deal Brexit Shares in Britain’s banks are set to remain under pressure in 2019 as uncertainty over Brexit looms ever larger over the City. Analysts say the rally seen in the FTSE 350 bank index after the 2016 referendum on EU membership ran out of steam this […]
UK FTSE 100 (.FTSE) hits its 35th birthday It was in 1984 that T-shirts proclaimed ‘Frankie says relax’ and the song that inspired this sartorial trend (by Frankie Goes To Hollywood) reached the top of the pop charts. It was also the year when the FTSE 100 index of Britain’s biggest publicly listed companies was […]
UK FTSE 100 (.FTSE) halts decline after hitting two-year low The FTSE 100 fell below 6670 in the early hours of the morning, with the index reaching a new two-year low. This continues the bearish trend for the index, pointing towards further downside. However, with the index starting to regain ground off the back of a long-legged […]
UK FTSE 100 (.FTSE) More fund managers expect global growth to weaken The US stock market is clinging onto its gains, with the S&P 500 still up almost 1% today. Oil, though, continues to wallow at 15-month lows as traders anticipate weak demand in 2019. The FTSE 100 is weakening once more after a period of stability […]
UK FTSE 100 (.FTSE) on track for its worst yearly drop since the financial crisis UK shares fell sharply on Monday, as a profit warning from online fashion store ASOS reverberated across Europe and reinforced woes about slow sales during the busy holiday season, adding to a pre-Christmas gloom and worries over Brexit. Opening losses […]
UK FTSE 100 (.FTSE) regains ground, yet further downside looks likely The FTSE 100 is continuing its ascent, in a week that has seen the index enjoy a relatively calm trend despite all the political upheaval. We look likely to continue pushing upwards, but the likeliness is that this is a retracement of the sell-off from the […]
Update: UK Prime Minister May Wins Confidence Vote UK FTSE 100 (.FTSE) Conservative MPs will cast their votes on whether to save Prime Minister Theresa May Between 6pm and 8pm this evening, Conservative MPs will cast their votes on whether to save Prime Minister Theresa May in today’s no confidence vote. The FTSE 100 stock […]
UK FTSE 100 (.FTSE) reports that trade talks between China and the US are going well US stocks got off to a flyer, encouraging the Footsie to cement its position above 6,800. The FTSE 100 was up 122, or 1.82%, at 6,845, while in the US the Dow was up 273 points (1.12%) at 24,693 […]
