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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, […]

London open: Stocks rise as oil prices rally London stocks rose on Monday as oil prices rallied after data showed China’s crude imports rose last month. China’s crude imports jumped 7.6% in April compared to a year ago, marking the third consecutive month that crude imports exceeded 40 million tonnes. At 0851 BST Brent crude […]

London open: Stocks fall ahead of US non-farm payrolls report London stocks slid on Friday with investors taking a cautious approach ahead of the US non-farm payrolls report later. The non-farm payrolls report at 1330 BST is expected to show US employers added 200,000 jobs in April, compared to 215,000 in March. The unemployment rate […]

London open: Stocks rise ahead of UK services PMI London stocks rose on Thursday after a mixed session in Asia as investor weighed a report on China services activity and awaited UK data. Stocks in Asia were lower outside of Shanghai as a report showed a slowdown in China services growth. The Caixin services purchasing […]

London open: Stocks fall amid slate of company news UK stocks slid on Wednesday as investors waded through a plethora of corporate announcements. Sainsbury’s shares fell after the supermarket reported a 13.8% drop in full year underlying pre-tax profit to £587m as sales declined and the group grappled with the industry price war and ensuring […]