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London open: Miners lead equities higher UK equities were led higher by mining stocks on Friday as oil and copper prices rose. Anglo American, Glencore, Rio Tinto, BHP Billiton, Antofagasta and BP were the top risers on the FTSE 100 in morning trade. Oil prices regained strength as Federal Reserve Chair Janet Yellen said the […]

London open: Stocks gain after FOMC minutes UK stocks on Thursday tracked gains in the US after minutes from the Federal Reserve’s latest policy meeting showed several policymakers argued against an interest rate hike in April. Members of the Federal Open Market Committee were concerned about the threat of slower global growth and low inflation […]

London open: Stocks rise ahead of FOMC minutes UK stocks gained on Wednesday ahead of the Federal Reserve’s policy meeting minutes which will provide more details behind the central bank’s decision to keep interest rates unchanged. The central bank announced it would maintain the federal funds rate at 0.25% to 0.5% following its 15-16 March […]

London open: Stocks decline ahead of services PMIs London stocks dropped on Tuesday as oil prices fell and traders awaited a slate of data on the services industry. Oil prices remained under pressure on doubts that global crude producers would reach an agreement to freeze production at a meeting on 17 April. Saudi Arabia said […]

London open: Stocks flat as oil prices slide The FTSE 100 opened flat on Monday following a mixed session in Asia as oil prices slid and markets in China, Hong Kong and Taiwan are closed. Oil prices remained were under pressure after Saudi Arabia deputy crown prince Mohammed bin Salman last week said it would […]

London open: Stocks track declines in Asia UK stocks tracked declines in Asia after Standard & Poor’s cut the outlook for China’s credit rating to negative from stable. S&P said China’s economic rebalancing is likely to take longer than the ratings agency had expected, giving the nation a credit rating of AA-. “We revised the […]

London open: Miners lead UK equities lower UK equities were in the red on Thursday with mining stocks leading the decline as oil and copper prices dropped. Anglo American, BHP Billiton, Glencore and Rio Tinto were among the biggest fallers on the FTSE 100 after copper prices fell 0.66% to $217.55 per pound on the […]

London open: Stocks gain after dovish Yellen speech UK stocks rose on Wednesday as oil prices recovered and the markets assessed dovish remarks from Federal Reserve Chair Janet Yellen. Yellen on Tuesday said the central bank should proceed with caution on raising interest rates amid looming global risks to the US economy, including low oil […]

London open: Stocks advance as trading resumes after Easter break UK stocks gained on Tuesday as trading resumed following the Easter break and investors shrugged off negative session in Asia. “European markets are opening the shortened trading week on a positive note this morning as traders starting to pour money back into stocks,” said Markus […]

London open: Stocks edge lower on oil price slump London stocks dropped on Thursday as oil prices continued to slide and as investors awaited the release of UK retail sales figures. Oil prices fell after the Energy Information Administration on Wednesday reported US crude stocks rose by 9.4 million barrels to 532.5 million barrels in […]