LSE Market News

London open: Stocks edge lower following Friday’s record close London stocks edged lower in early trade on Monday after closing at a record high again at the end of last week, as investors sifted through some corporate news and digested developments at the G20 meeting. At 0830 GMT, the FTSE 100 was down 03% to […]

London open: Stocks flat as investors pause for breath London stocks were little changed in early trade as investors paused for breath after the FTSE 100 closed at a record high of 7,415.95 in the previous session. At 0830 GMT, the index was up 0.1% to 7,421.74. Spreadex‘s Connor Campbell said: “Following Thursday’s cluttered calendar, […]

Lloyds shares (LSE:LLOY) are currently consolidating, having trended downwards in the months of October 2016 to February 2017. Price is now consolidating. In the chart, it can be seen that in spite of its consolidation, price has managed to stay above the upper Trendline, which was breached in December 2016. The RSI period 14 is […]

London open: Stocks push higher as Fed hikes rates; BoE in focus London stocks rose in early trade as investors digested news that the Federal Reserve had hiked rates by 25 basis points as expected, and looked ahead to the latest policy announcement from the Bank of England. At 0830 GMT, the FTSE 100 was […]

London open: Stocks edge higher as investors eye jobs data, Fed London stocks edged higher in early trade and the pound bounced back from losses as investors awaited the release of key UK jobs data and looked to the Federal Reserve’s latest policy announcement. At 0830 GMT, the FTSE 100 was up 0.2% to 7,374.59. […]

London open: Stocks nudge higher as pound falls to eight-week low Stocks in London nudged a touch higher in early trade, while the pound hit an eight-week low against the dollar after parliament gave Prime Minister Theresa May the green light to trigger Article 50 and start the process of leaving the European Union. At […]

London open: Stocks start higher ahead of February US jobs data Stocks began the morning with a small upwards push, tracking similar sized gains overnight on Wall Street, with traders looking towards official US non-farm payrolls data later on Friday. At 0802 GMT the FTSE 100 was up 0.24% or 30.81 points at 7,345.77 and […]

Barclays stock (LSE:BARC) is not currently attractive, as price has been consolidating since December 2016. Prior to that month, the market was in an uptrend. Price is almost neither below nor above the EMA 21, and the Williams’ % Range period 20 is also neither in the overbought nor in the oversold territory. Then where […]

London open: China data and oil price spill unnerve traders Shares have started lower in London on Thursday morning with traders trying to anticipate whether the gears of monetary policy at the European Central Bank had begun to shift, mimicking the recent apparent change of pace over at America’s Federal Reserve. The answer to that […]

London open: Rare Chinese trade deficit leaves traders scratching heads Investors continued to play it safe ahead of the UK Budget later in the day, not to mention a key policy meeting at the European Central Bank the next day and monthly US jobs data out on Friday. Complicating matters further, data released overnight revealed […]