London open: Stocks edge higher ahead of manufacturing data; Next bucks trend London stocks edged higher in early trade on Wednesday as investors sifted through corporate news ahead of some key manufacturing data, although retailer Next bucked the trend after disappointing third-quarter results. At 0830 BST, the FTSE 100 was up 0.4% to 7,523.91, while […]

London open: Stocks edge higher after Thursday’s losses London stocks edged higher in early trade on Friday, recovering some ground after a more hawkish stance than expected from the Bank of England lifted the pound. At 0830 BST, the FTSE 100 was up 0.4% to 7,448.34, while the pound was flat against the euro at […]

In February I noted, in a series of Newsletters, the extraordinarily high level of the US equity market as measured by the ten-year cyclically adjusted price earnings ratio. It has only been this high in two years of the past 100: in 1929 and in 1999. I followed that up in May with Buffett’s comments […]

London open: Stocks in the red; IAG tanks on BA chaos London stocks were weaker in early trade, with IAG suffering the heaviest losses following an IT outage at British Airways that has caused three days of disruptions for passengers. At 0830 BST, the FTSE 100 was down 0.6% to 7,502.57, while over in Europe, […]

With the US markets being closed due to the bank holiday yesterday, volatility was fairly subdued for the Greenback, though the US dollar has opened with some strength this morning as traders realign positions. With Janet Yellen, in her testimony, taking a hawkish tone on the position of the Federal Reserve as an independent body, […]

The European Commission has projected an expansion of 1.5% for the UK after initially suggesting just a 1% growth, seemingly backing the pound for 2017. After initial fears of Brexit causing harm to growth in the UK, they have appeared to have back tracked and now state ‘growth has yet to be affected’. 2016 ended […]

London open: Chinese data lifts Footsie in early trading, Greece in background Shares were expected to start the session higher, tracking a record close overnight on Wall Street and on the heels of better than expected Chinese trade data. As of 0829 GMT the FTSE 100 was up by 34.08 points or 0.47% to 7,263.85. […]

President Trump yesterday managed to excite financial markets as he announced “something phenomenal” on taxes in in the next two or three weeks in a meeting with US airline executives. During a press briefing later on in the day with the White House Press Secretary, Sean Spicer confirmed the package will be “comprehensive” and that […]

Early morning yesterday, Sterling slumped sharply before recovering in later trading. The volatility in the pound is not surprising as we move closer to the deadline set for triggering article 50. It seems the pound crashed through on sell orders on the downside especially versus the USD and JPY. The fight back came after key […]

Good morning and welcome to this edition of “AIM’s Essential Top Ten”, a brief and early roundup of the main news announcements. This morning’s edition includes GKP and MTC from the Main Market. Animalcare (LSE:ANCR) Share price: 261p. Market cap: £54 million. Trading Update: Positive performance, revenues up 8.6% to £14.7 million. Underlying profits to […]