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London open: Stocks edge lower as Fed signals just one rate cut this year London stocks edged lower in early trade on Thursday as investors mulled the latest policy announcement from the US Federal Reserve, which signalled there would be just one rate cut this year. At 0825 BST, the FTSE 100 was down 0.2% […]

London open: Stocks jump as uninspiring GDP raises rate cut hopes London stocks rose in early trade on Wednesday as uninspiring UK GDP data raised hopes of a rate cut this summer. At 0825 BST, the FTSE 100 was up 0.5% at 8,188.83. Figures released earlier by the Office for National Statistics showed the economy stagnated in […]

London open: Stocks edge up as investors mull jobs data London stocks edged higher in early trade on Tuesday as data showed that UK wages grew faster than expected in the three months to April. At 0835 BST, the FTSE 100 was up 0.2% at 8,243.90. According to the Office for National Statistics, total pay including […]

London open: Political instability hits stocks early on UK stocks followed European markets lower on Monday with investor risk appetite dampened by election news from the continent as far-right parties advanced. “A combination of the unexpected news from overseas and a lack of buying appetite led to a weaker opening for the premier index, with […]

London open: Stocks nudge up ahead of ECB announcement London stocks nudged up in early trade on Thursday following an upbeat close on Wall Street, as investors awaited an expected 25 basis points rate cut from the European Central Bank. At 0900 BST, the FTSE 100 was up 0.1% at 8,252.26. Sophie Lund-Yates, lead equity […]

London open: Stocks gain on US rate cut hopes London stocks rose in early trade on Wednesday as weaker-than-expected US jobs data fuelled expectations of a rate cut by the Federal Reserve later this year. At 0840 BST, the FTSE 100 was 0.3% firmer at 8,253.52. Susannah Streeter, head of money and markets at Hargreaves Lansdown, […]

London open: Stocks in the red as oil giants hit by falling prices London stocks fell in early trade on Tuesday, with oil giants under the cosh as oil prices retreated. At 0835 BST, the FTSE 100 was down 0.3% at 8,236.04. Investors were mulling industry data showing that UK retail sales inched higher in […]

London open: Stocks gain ahead of UK manufacturing data London stocks rose in early trade on Monday, taking their cue from a positive session in Asia, as investors eyed the latest UK manufacturing reading. At 0845 BST, the FTSE 100 was up 0.3% at 8,297.08. Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: […]

London open: Stocks nudge up ahead of US PCE London stocks nudged up in early trade on Friday as investors mulled the latest UK house price and retail footfall data and eyed the release of US CPE figures. At 0830 BST, the FTSE 100 was up 0.1% at 8,239.45. Data released earlier by Nationwide showed that house […]

London open: Stocks edge down as investors eye US GDP, PCE London stocks edged lower in early trade on Thursday as worries that rates will stay higher for longer continued to dent sentiment, with attention turning to upcoming US GDP and PCE figures. At 0830 BST, the FTSE 100 was down 0.2% at 8,168.95. Investors […]