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London open: Stocks rise after UK jobs data London stocks rose in early trade on Tuesday as investors cheered better-than-expected UK jobs data. At 0900 BST, the FTSE 100 was up 0.6% at 7,075.64, while sterling was up 0.5% against the dollar at 1.4203. Figures released earlier by the Office for National Statistics showed the unemployment rate […]

London open: Stocks edge lower ahead of Fed policy announcement London stocks edged lower in early trade on Wednesday as investors eyed the latest policy announcement from the US Federal Reserve. At 0850 GMT, the FTSE 100 was down 0.3% at 6,783.34. Spreadex analyst Connor Campbell said: “After some vaccine heat at the start of the […]

London open: Stocks rise on solid US cues, amid weaker pound London stocks rose in early trade on Tuesday, taking their cue from a solid session on Wall Street, while a weaker pound also helped. At 0850 GMT, the FTSE 100 was up 0.6% at 6,791.13. Spreadex analyst Connor Campbell said: “With the Dow Jones closing […]

London open London stocks were steady in early trade on Tuesday following solid gains in the previous session. At 0905 GMT, the FTSE 100 was up just 0.1% at 6,722.47. Sterling was playing its part in holding back the index, trading up 0.5% against the dollar at 1.3892. A stronger pound tends to dent the […]

THE TECHNICAL ANALYST HAS BECOME AN ENDANGERED SPECIES According to Investopedia.com, technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analysing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysts, who attempt to evaluate a security’s intrinsic value, technical...

London open: Stocks start higher on US-China trade hopes London-listed stocks edged higher at the end of the week after a top White House official told reporters that a US-China trade deal was “near”, assuaging investors’ concerns of a potential ‘false dawn’ in negotiations. Nonetheless, in remarks made overnight, following an event at the US […]

London open: Stocks edge lower, Burberry bucks trend after interims London stocks edged lower in early trade on Thursday but luxury fashion brand Burberry surged on the back of well-received interim results. At 0850 GMT, the FTSE 100 was 0.2% lower at 7,335.32, while the pound was down 0.1% against the dollar and the euro […]

London open: Stocks fall as Trump speech disappoints; housebuilders buck trend London stocks fell in early trade, taking their cue from weakness in Asia amid escalating unrest in Hong Kong and after US President Trump’s eagerly-awaited speech in New York left investors disappointed. At 0830 GMT, the FTSE 100 was 0.4% lower at 7,336.88, while […]

London open: Stocks edge higher ahead of jobs data London stocks edged up in early trade on Tuesday following losses in the previous session, as investors sifted through a raft of corporate news and eyed the release of key UK jobs data. At 0830 GMT, the FTSE 100 was up 0.3% at 7,347.68, while the […]

London open: Stocks fall as investors eye GDP data London stocks fell in early trade on Monday, taking their cue from a downbeat session in Asia as investors eyed the latest UK GDP reading. At 0830 GMT, the FTSE 100 was down 0.5% at 7,322.32, while the pound was up 0.2% against the dollar and […]