20 Jun 2024 @ 11:44
London open: Stocks nudge up ahead of BoE announcement London stocks were just a touch firmer in early trade on Thursday as investors eyed the latest policy announcement from the Bank of England, which is widely expected to stand pat on interest rates at 5.25%. At 0825 BST, the FTSE 100 was up 0.1% at […]
19 Jun 2024 @ 10:37
London open: Stocks edge down as investors mull inflation data London stocks edged lower in early trade on Wednesday as data showed that annual consumer price inflation eased to the Bank of England’s 2% target in May. At 0825 BST, the FTSE 100 was down 0.2% at 8,174.97, while sterling was up 0.1% against the […]
18 Jun 2024 @ 10:40
London open: Stocks gain after US records; Whitbread jumps London stocks rose in early trade on Tuesday following a solid close on Wall Street, which saw the S&P 500 and Nasdaq set new record highs. At 0840 BST, the FTSE 100 was up 0.5% at 8,184.40. Ahead of Thursday’s policy announcement from the Bank of […]
17 Jun 2024 @ 10:45
London open: Stocks gain as investors eye CPI, BoE decision London stocks rose in early trade on Monday as investors eyed a key UK inflation reading and the latest policy announcement from the Bank of England later in the week. At 0850 BST, the FTSE 100 was up 0.4% at 8,179.33. Susannah Streeter, head of […]
14 Jun 2024 @ 10:44
London open: Stocks flat; Tesco and Crest Nicholson in focus London stocks were flat in early trade on Friday, with all eyes on the latest results from Tesco and M&A news in the housebuilding sector. At 0830 BST, the FTSE 100 was steady at 8,164.05. Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown, said: “Ups and downs are […]
13 Jun 2024 @ 10:42
London open: Stocks edge lower as Fed signals just one rate cut this year London stocks edged lower in early trade on Thursday as investors mulled the latest policy announcement from the US Federal Reserve, which signalled there would be just one rate cut this year. At 0825 BST, the FTSE 100 was down 0.2% […]
12 Jun 2024 @ 10:37
London open: Stocks jump as uninspiring GDP raises rate cut hopes London stocks rose in early trade on Wednesday as uninspiring UK GDP data raised hopes of a rate cut this summer. At 0825 BST, the FTSE 100 was up 0.5% at 8,188.83. Figures released earlier by the Office for National Statistics showed the economy stagnated in […]
11 Jun 2024 @ 10:43
London open: Stocks edge up as investors mull jobs data London stocks edged higher in early trade on Tuesday as data showed that UK wages grew faster than expected in the three months to April. At 0835 BST, the FTSE 100 was up 0.2% at 8,243.90. According to the Office for National Statistics, total pay including […]
10 Jun 2024 @ 12:34
London open: Political instability hits stocks early on UK stocks followed European markets lower on Monday with investor risk appetite dampened by election news from the continent as far-right parties advanced. “A combination of the unexpected news from overseas and a lack of buying appetite led to a weaker opening for the premier index, with […]
06 Jun 2024 @ 10:36
London open: Stocks nudge up ahead of ECB announcement London stocks nudged up in early trade on Thursday following an upbeat close on Wall Street, as investors awaited an expected 25 basis points rate cut from the European Central Bank. At 0900 BST, the FTSE 100 was up 0.1% at 8,252.26. Sophie Lund-Yates, lead equity […]