ADVFN News

London open: Stocks rise ahead of BoE testimony London stocks edged higher on Tuesday ahead of a Parliamentary testimony from Bank of England officials including governor Mark Carney. Carney and fellow Monetary Policy Committee members Ben Broadbent, Martin Weale and Gertjan Vlieghe will be questioned about the latest Quarterly Inflation Report before the Treasury Select […]

London open: Stocks fall as BoJ governor warns on Brexit London stocks fell on Monday after Bank of Japan governor said the possibility of the UK leaving the European Union poses a serious risk to the global economy. Haruhiko Kuroda told the BBC a vote by Britain to exit the EU in the 23 June […]

London open: Stocks rebound as mining shares rally UK stocks rebounded on Friday from the previous day’s lows, boosted by a recovery in mining and oil shares, as the Federal Reserve’s meeting minutes faded into the background. The FTSE 100 ended lower on Thursday after the minutes of the Federal Open Market Committee’s latest policy […]

London open: Stocks fall as FOMC leaves door open to June rate hike UK stocks dropped on Thursday after the minutes of the Federal Reserve meeting last month showed a possible interest rate hike in June. The minutes of the Federal Open Market Committee’s 26-27 April policy meeting on Wednesday night revealed most participants supported […]

London open: Stocks fall ahead of UK jobs data, FOMC minutes London stocks were in the red on Wednesday ahead of the release of UK jobs data and the Federal Reserve’s policy meeting minutes. UK jobs data from the Office for National Statistics at 0930 BST is expected to show no change employment or the […]

London open: Stocks gain ahead of UK inflation data London stocks rallied on Tuesday as oil prices gained and investors awaited the release of UK inflation figures. Oil prices advanced after Goldman Sachs said the market had finished almost two years of oversupply and moved to a deficit following global production disruptions. Brent crude rose […]

London open: Stocks fall on disappointing Chinese data UK stocks declined on Monday after Chinese data released over the weekend missed expectations. China’s industrial output rose 6% year-on-year in April, compared with 6.8% growth a month earlier, the National Bureau of Statistics said on Saturday. Analysts had predicted a 6.6% increase. Retails sales in China […]

London open: Equities fall ahead of BoE’s ‘Super Thursday’ UK equities were in the red ahead of the Bank of England’s ‘Super Thursday’ of announcements which includes the policy decision, meeting minutes and Inflation Report. The central bank announces its latest policy measures at 1200 BST and is expected to keep interest rates at 0.50% […]

London open: Stocks fall as oil prices reverse gains London stocks fell on Wednesday as oil prices reversed gains in the previous session and as investors awaited industrial and manufacturing data. Oil prices fell as Canadian oil sand production was expected to gradually ramp up following forced closures due to wildfires. Brent crude dropped 1.3% […]

London open: Equities gain as investors digest China data UK equities gained on Tuesday as official data showed Chinese inflation held steady and producer price deflation eased in April. China’s consumer price index rose 2.3% year-on-year in April, unchanged from the previous month and in line with analysts’ estimates. Food prices, particularly pork price inflation, […]