UK FTSE 100 (.FTSE) rally fades amid GBP volatility A bullish start to trade today for the FTSE 100 has faded amid a sterling rebound on rumours that Article 50 could be reversed unilaterally. That being said, we have been seeing a period of strength over the past two weeks, and there is a strong chance we […]
UK FTSE 100 (.FTSE) rallies through key resistance level A dovish appearance from Federal Reserve (Fed) chair Jerome Powell yesterday provided a welcome boost for stock markets, with the FTSE 100 rallying back up into the 7059 mark. The ability to break convincingly above that level provides us with a more bullish outlook for the index. With […]
UK FTSE 100 (.FTSE) supported by buyers The spike higher earlier on yesterday was followed by an intraday pullback, but dip buyers came in around 6980, and the FTSE 100 then pushed higher. An area of resistance over the past week has been 7060, so a move above this would be a bullish development. Both 7100 and […]
UK FTSE 100 (.FTSE) briefly breaks crucial swing high The FTSE 100 joined many of the world markets in rallying sharply this morning, after rumours of a breakthrough between the US and China hit Twitter. This has since been rebuffed, causing the FTSE to turn lower. However, that rally through 7059 highlights a potential bullish breakout in […]
UK FTSE 100 (.FTSE) pushing higher after wedge pattern The FTSE 100 is pushing upwards in the wake of a bullish wedge breakout seen yesterday. Upside for global markets in the wake of the US midterm elections has provided European stocks with a bullish impetus, reversing the declines seen throughout the first half of the week. This […]
UK FTSE 100 (.FTSE) turning lower after recent rebound The FTSE 100 is showing signs of a potential bearish shift, with a break below Friday’s low of 7072 providing a strong possibility of a pullback from here. Given the fact that the rebound from late October came from the crucial historical level of 6841, there is a […]
UK FTSE 100 (.FTSE) holds gains Despite morning predictions of a negative start, the FTSE 100 has closed out the morning with relatively comfortable gains, up 17 points at 7,043. The positive performance has been bolstered by a strong performance from blue-chip oiler BP, with shares up 3.4% at 553.4p in late morning, after the […]
UK FTSE 100 (.FTSE) Budget does little to inspire markets The FTSE 100 ended higher on Monday as the market from the previous week’s volatility while US stocks started off strongly as the rebound reached across the Atlantic. At the close, the UK blue-chip index was up 95.3 points, or 1.3% at 7,034, taking it […]
UK FTSE 100 (.FTSE) jitters over geopolitical tensions British shares sank fell more than 1 percent to their lowest since March on Tuesday as a broad sell-off hit stocks across Europe, caused by a toxic mix of weak results, jitters over geopolitical tensions, Brexit, Italy’s budget and cooling markets overnight. The FTSE 100, on track […]
UK FTSE 100 (.FTSE) blue-chips back off from winning streak Footsie finished down nearly five points at 7,054. The FTSE 250 tanked lower- shedding almost 136 points at 19,013. The pound fell after inflation data showed it had slowed to its lowest level in 18 months in September. “Pound traders will now turn their attention […]
UK FTSE 100 (.FTSE) PM Theresa May was backed by her cabinet on her current Brexit negotiating stance FTSE 100 closed in positive territory as US shares went higher amid a flurry of earnings and PM Theresa May was backed by her cabinet on her current Brexit negotiating stance. The UK blue-chip index closed around […]
UK FTSE 100 (.FTSE) Brexit talks reach impasse FTSE 100 closed in positive territory – the first rise in four sessions as Brexit jitters appeared to be becalmed for now. Britain’s blue-chip benchmark finished up around 31 points at 7,029. Earlier, Prime Minister Theresa May made a surprise address in the Commons after a weekend […]
UK FTSE 100 (.FTSE) Uncertain future In the coming months, FTSE 100 company share prices could continue to be volatile. The IMF recently released a report which stated that there are risks to global economic growth, with tariffs expected to hurt progress in the coming years. Already, a number of tariffs have been announced by the […]
UK FTSE 100 (.FTSE) rallies sharply after drop into key support The FTSE 100 sold off sharply at the start of the day, with the price falling into the 7446 support level. Given the wider downtrend and recent rally into the 76.4% retracement for the index, a break below 7446 would point towards a potential bearish breakdown […]
UK FTSE 100 (.FTSE) consolidates gains as US markets open higher The Footsie was holding on to gains as US indices opened firmer on Thursday in the wake of US gross domestic product (GDP) data. The S&P 500 was up 3.9 at 2,909.8 and the tech-heavy Nasdaq Composite was 14 points firmer at 8,021; the […]
UK FTSE 100 (.FTSE) drifting lower The FTSE 100 has been drifting lower in the wake of a rally into the 61.8% retracement and 200-day simple moving average (SMA) on the four-hour chart. This looks to be part of a wider retracement, and thus we could turn lower once more from either the 61.8% or 76.4% Fibonacci […]
UK FTSE 100 (.FTSE) shares lagged their European peers on a trade war relief rally UK shares lagged their European peers on a trade war relief rally on Thursday, after better-than-expected UK retail data boosted the pound which acts as an accounting drag on their foreign revenues. While analysts had expected a strong spring and […]
UK FTSE All Share (.FTAS) Stronger crude prices boost FTSE Stronger crude prices and a rallyin tobacco stocks gave a boost to Britain’s top share index onWednesday, while a profit warning hit energy provider SSE. The FTSE 100 .FTSE ended up 0.55 percent at 7,313.36points, having hit its lowest point in five months in theprevious […]
UK FTSE All Share (.FTAS) Trade tensions, sterling weigh on FTSE 100 The FTSE 100 has been in decline throughout the past two weeks, with the recovery in the pound denting confidence in UK-listed stocks. We have been consolidating this week, with the index failing to break below Friday’s low thus far. A fall below the 7256 […]
UK FTSE All Share (.FTAS) falling after early gains The FTSE 100 managed to rally into another intraday higher high this morning, continuing the recovery/retracement phase that has been in play over the past two trading days. This points towards the potential for further upside, with the continued creation of higher highs and higher lows key to […]
UK FTSE All Share (.FTAS) 100 nudges higher ahead of key Brexit reports The U.K.’s main stock index rose modestly on Wednesday, as global investors turned their attention to the minutes from the Federal Reserve’s latest meeting scheduled to be released after European markets had closed. Attention remained fixed on Brexit developments, in particular the […]
UK FTSE All Share (.FTAS) snaps 3-day winning streak The FTSE 100 UKX, -0.34% ended down 0.3% at 7,565.70 after spending much of the session bobbing between positive and negative territory. The index is down 1.6% so far this year. Overall, the bias in prices is: Sideways. By the way, prices are vulnerable to a […]
UK FTSE All Share (.FTAS) closes firmly higher FTSE 100 closed higher, joining other global indices, as traders became seemingly less worried about US/China relations. The UK blue-chip benchmark closed up over 58 points at 7,556, while its mid-cap cousin added almost 142 points at 20,462. Overall, the bias in prices is: Downwards. Note: this […]
UK FTSE All Share (.FTAS) suffered a fifth consecutive day of decline Miners Drag FTSE Lower Despite Turkish Fears Receding Despite opening in the black as the Turkish Lira rebounded and fears of contagion receded, the FTSE steadily moved lower across the session, dragged down by the miners; not even a weakening pound was sufficient to lift […]
UK FTSE All Share (.FTAS) ends lower as lira crisis continues The U.K.’s main stock index closed in negative territory Monday, joining a global downdraft that has been attributed to worries about Turkey’s precarious financial condition. The FTSE 100 .FTSE closed down 0.3 percent broadly in linewith its European peers. The (lira) currency’s travails and […]
UK FTSE All Share (.FTAS) bad news for UK stocks If the direction of travel persists, the FTSE 100 and the pound could soon be positively correlated for the first time since December 2016 – bad news for UK stocks, as sterling slumps to a near one-year low. Investors who poured money into FTSE 100 […]
UK FTSE All Share (.FTAS) supported by oil stocks; HSBC eases U.K. stocks fell modestly on Monday as the U.S.-China trade tensions showed little sign of easing and investors factored in a greater chance of a no-deal Brexit. The U.K. appears set to crash out of the EU without a Brexit deal due to the […]
UK FTSE All Share (.FTAS) pessimism eases among UK’s biggest companies The FTSE 100 is the UK’s leading stock market index. It is also a global index with more than three-quarters of profits coming from outside the UK. Unlike the FTSE 250, which is the more UK-focused index, the fortunes of the FTSE 100’s largest […]
UK FTSE All Share (.FTAS) touching one-week lows Britain’s top share index slid onThursday, touching a one-week low as shares in heavyweightcyclicals dropped, though Rolls-Royce was a standout gainerafter its results. The blue chip FTSE 100 .FTSE index ended the session down1 percent at 7,575.93 points, accelerating losses after the Bank of England raised interest […]
UK FTSE All Share (.FTAS) sees downbeat start to August amid trade worries U.K. equities ended the session lower on Wednesday, on the back of worries that Washington may consider increasing proposed tariffs on Chinese imports, which particularly weighed on mining stocks. The FTSE 100 UKX, -1.24% ended the session 1.3% lower at 7,652.91 points. […]
UK FTSE All Share (.FTAS) attempts to break out of its range It was a busy day in corporate news, as updates from FTSE 100 heavyweights BP and Centrica revealed contrasting fortunes. BP has increased its dividend, but Centrica’s household gas and electricity arm was hit by last year’s pre-payment price cap, the loss of […]
UK FTSE All Share (.FTAS) investors brace for possible U.K. rate hike Traders opting to sit on their hands ahead of key policy announcements from two of the main foreign central banks, the Bank of Japan and the US Federal Reserve, scheduled for later in the week and before a keenly awaited decision on interest […]
UK FTSE All Share (.FTAS) shares close to a two-year high ahead of its second-quarter figures Strong US growth figures buoyed investor sentiment further this afternoon with the FTSE 100 extending its end-of-week rally. The blue-chip index gained 48 points, or 0.6%, to 7,712 after the US economy grew at at an annualized rate of […]
UK FTSE All Share (.FTAS) dips ahead of Trump talks The UK’s top share index fell on Wednesday as mining stocks lost ground, with earnings in focus as ITV and Informa issued updates. The blue-chip FTSE 100 index fell 0.7 percent at 7,658.26 points. Mid caps declined 0.5 percent. Trump has been in combative mood […]
UK FTSE All Share (.FTAS) Expected to Open a Little Unchanged The FTSE 100 index UKX, +0.10% rose 0.1% to close at 7,683.97, marking a third straight session in positive territory. Sterling GBPUSD, +0.0307% slumped to an intraday low of $1.2958, hitting its lowest dollar level since early September last year. A weaker pound can […]
UK FTSE All Share (.FTAS) IMF cuts UK growth forecasts The FTSE 100 closed 61.42 points down to 7,600.45, after opening flat, dragged lower by energy and mining companies after a slide in the price of oil and metals. BP and Royal Dutch Shell both fell by about 2 per cent after the price of Brent Crude […]
UK FTSE All Share (.FTAS) recovers, driven by defensives, as trade nerves ebb British shares bounced back on Thursday, driven by financial and consumer stocks, as investor worries eased and another bid for pay-TV firm Sky boosted its stock. The FTSE 100 ended the session up 0.8 per cent at 7,651.33 points, almost recovering all […]
UK FTSE All Share (.FTAS) gains as firms respond to Brexit white paper and Trump arrives in UK The FTSE 100 closed up 59.37 points at 7651.33 and the pound was at $1.32 against the dollar. The Government has finally published its Brexit white paper, prompting one company boss to say the blueprint could ‘accelerate’ […]
UK FTSE All Share (.FTAS) manages modest rise after strong UK economic data Following a whirlwind start to the week with resignations from pro-Brexit politicians David Davis and Boris Johnson, the FTSE 100 nudged 0.2% higher to 7,701 amid robust economic data. The UK economy grew 0.3% in the quarter to May according to the […]
UK FTSE All Share (.FTAS) ends higher, helped by pound’s drop on key U.K. official’s exit Blue-chip stocks in the U.K. finished with sizable gains Monday, helped by the pound’s drop on news of Foreign Secretary Boris Johnson’s resignation, which raises the chance of a formal challenge to Prime Minister Theresa May. At the same […]
UK FTSE All Share (.FTAS) firm as Carney stokes rate hopes U.K. stocks closed higher Thursday, with sentiment across European equities lifted by prospects that a dispute over U.S. and auto tariffs in the European Union may be resolved. However investors remain fixated on the U.S. and China, which are on a collision course to […]
UK FTSE All Share (.FTAS) ends lower as trade tensions keep bubbling away U.K. shares were marginally lower on Wednesday as trade war worries persisted and the pound turned higher in reaction to better-than-expected services sector data. U.K. service sector activity expanded at the fastest pace in eight months in June driven by strong growth […]
UK FTSE All Share (.FTAS) inches higher, Glencore takes a tumble The UK’s top share index climbed on Tuesday following a shaky start to the month, although mining giant Glencore fell after one of its subsidiaries received a U.S. subpoena. The blue-chip FTSE 100 index was up 0.3 percent at 7,571.59 points by 0855 GMT, […]
UK FTSE All Share (.FTAS) in the midst of a bull run Since the FTSE 100 is in the midst of a bull run, sentiment towards defensive stocks is weak. That’s unsurprising, since investors are taking risks and seeking to buy stocks that can offer the prospect of high earnings growth. As a result, there could be […]
UK FTSE All Share (.FTAS) ends down slightly as trade tensions remain in focus U.K. stocks finished slightly lower on Thursday, erasing a bit of the prior session’s rally, as uncertainty over U.S. President Donald Trump’s trade policies on China lingered. What are markets doing? The FTSE 100 index UKX, -0.08% dipped 0.1% to close […]
UK FTSE All Share (.FTAS) climbs as trade war fears subside The FTSE 100 closed up 83.77 points at 7621.69 on hopes US president Donald Trump is rowing back from launching a full-blown trade war. German and French markets were also buoyant, and the US Dow Jones was ahead 157.1 points at 24,440.2 in early […]
UK FTSE All Share (.FTAS) on the mend after trade war sell-off Commodities helped UK shares make progress in recouping losses from the previous session when fears of a full-blown trade war between the United States and the rest of the world led them to their worst performance since February. Following a slow start, the […]
UK FTSE All Share (.FTAS) How the last two years have impacted the economy Pound sterling dropped dramatically when the results came in on 23 June 2016, and it has failed to regain lost ground since then. Two years have passed since the UK voted to leave the EU, and the uncertainty the referendum result […]
UK FTSE All Share (.FTAS) ends higher, rising from 6-week low as Ocado, tobacco firms rally U.K. stocks rose on Tuesday, with tobacco companies among biggest gainers after a positive broker note, helping London’s blue-chip index bounce off a six-week low that it reached as trade tensions between the U.S. and China escalated. The FTSE […]
UK FTSE All Share (.FTAS) flounders, pound falls on trade and Brexit fears Britain’s top stock index dipped on Monday as trade tensions between the United States and China kept the pressure on equity markets across Europe, weighing on multinational companies. The FTSE 100 fell 0.03 percent to its lowest since May 30 but substantially […]
UK FTSE All Share (.FTAS) Target 4,135 Monday Economics:Rightmove house price index (UK) Tuesday The ‘Beast from the East’ blew regional airline Flybe’s final quarter off course with nearly 1,000 flights cancelled due to the cold snap. The company said in April’s profit warning that £4m in sales had been lost from the severe weather, […]
UK FTSE All Share (.FTAS) closes at highest level in a month as pound sinks after ECB announcement Retail sales surge in May; Rolls-Royce to cut thousands of jobs U.K. stocks on Thursday finished at the highest level in about four weeks as the pound weakened following the European Central Bank’s decision to begin gradually […]
UK FTSE All Share (.FTAS) slips as oil shares fall, Fed steps into the spotlight U.K. stocks finished a choppy session with a tiny loss Wednesday, with investors entering wait-and-see mode ahead of the U.S. Federal Reserve’s decision on interest rates, while latest figures on British inflation came in as expected. How markets performed The […]
UK FTSE All Share (.FTAS) Entry at 4,180 The FTSE 100 remained in the red as weaker housebuilders and miners dragged on performance, while MPs began a long debate over the EU Withdrawal Bill. Despite an optimistic summit between the US and North Korea on Monday, investors remained cautious on whether this progress will continue. […]
UK FTSE All Share (.FTAS) Target 4,340.00 The FTSE 100 index ended up 0.7 percent at 7,737.43, its highest close in a week and helped by gains in big international companies such as British American Tobacco and Diageo, up 1.2 and 2.4 percent respectively. Defensive stocks are dominating the FTSE leaders, suggesting a still cautious […]
