Jan 24 2017 @ 11:26
European indices, including Italy’s FTSE MIB, are enjoying a largely positive session, as did their Asian peer earlier, despite the major U.S. indices finishing Monday slightly down. President Trump had an eventful first day in office yesterday as he promptly discarded the Trans-Pacific Partnership trade agreement negotiated by the Obama administration but not yet ratified […]
Jan 24 2017 @ 07:39
The UK benchmark index has inched marginally higher in today’s session, reversing morning losses, after the Supreme Court ruled that the nation’s parliament must vote on whether the government can trigger the Brexit process. Gains in the Footsie, however, remain capped with a hefty drop in BT Group (LON:BT.A) weighing on the index after the […]
Jan 24 2017 @ 06:26
European indices are largely up today despite Donald Trump moving decisively yesterday on new trade policies widely being interpreted as protectionist. The DAX 30 is currently up 0.25%. The three major U.S. benchmark indices fell to modest losses on Monday as Trump withdrew from the Tran-Pacific Partnership, a bilateral trade agreement between 11 Pacific Rim […]
Jan 24 2017 @ 05:41
Brent crude ticked up by 40 cents to $55.63 as markets were about to open in London this morning, a gain of 0.72%. WTI was up 0.76%, also 40 cents, to $53.15 a barrel. OPEC released an announcement on Sunday that 1.5 million bpd of the 1.8 million bpd target cut in output, which officially […]
Jan 23 2017 @ 11:29
After all 3 major U.S. indices recorded gains on Friday as President Trump was inaugurated, Monday has given way to a slight hangover from the celebrations with the Nasdaq, S&P and Dow Jones Industrial Average all opening down. Just over an hour into the session the DJIA is down 0.24%, the S&P 500 0.26% and […]
Jan 23 2017 @ 10:27
The CAC 40 made something of a recovery this morning, having started the week 0.7% down on Friday’s close. However, it has failed to reach breakeven at any point and is currently still 0.46% down after taking a fresh dip since the early afternoon. With the lead-up to Donald Trump officially taking on the U.S. […]
Jan 23 2017 @ 08:44
The DAX 30, and European equities indices more generally, started this week in the red. The DAX started the session a little more than 0.7% down on Friday’s close and while it has recovered by 0.3% since is still 0.42% down into the afternoon. Markets were hoping for some clear policy statements to come out […]
Jan 23 2017 @ 07:37
The FTSE 100 index has started the week in negative territory, pressured by a stronger pound and protectionism concerns following US President Donald Trump’s inauguration speech on Friday. Paddy Power Betfair (LON:PPB) meanwhile has fallen to the bottom of the blue-chip leaderboard after updating investors on its recent performance. As of 12:11 GMT, the Footsie […]
Jan 23 2017 @ 05:52
Uncertainty around Trump policies, particularly with regards international trade amid fears of a protectionist approach, have led to a level of increased allocation to safe-haven asset classes, providing a further boost to gold prices. Last week saw sustained gains for gold and on Monday, following Trump’s inauguration in Washington D.C. on Friday, spot gold was […]
Jan 20 2017 @ 07:54
The UK benchmark index has slipped marginally lower in today’s session, with investors staying on the sidelines ahead of the inauguration of US president-elect Donald Trump later during the day. In individual stock news, Premier Inn and Costa Coffee owner Whitbread (LON:WTB) is outperforming the FTSE 100 following an upgrade at Barclays. As of 12:13 […]