LSE Market News

London open: Stocks fall on weak US and Asian cues London stocks fell in early trade, taking their cue from a selloff on Wall Street that saw the S&P 500 close at a 14-month low amid worries about economic growth. At 0830 GMT, the FTSE 100 was down 0.7% to 6,729.23, while the pound was […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This is a bear market, although the bearishness is not that strong. Price has been going downwards gradually, targeting the support lines at 1.1300, 1.1250 and 1.1200. These targets may be reached soon, but price may not go seriously below them as a strong […]

London open: Retailers pace the decline after shock profit warning from ASOS London stocks fell in early trade on Monday, with retailers under pressure following a shock profit warning from online giant ASOS. At 0835 GMT, the FTSE 100 was down 0.3% to 6,826.20, while the pound was up 0.1% against the dollar and the […]

London stocks fell in early trade on Friday, taking their cue from a downbeat Asian session following the release of weak Chinese data and after European Union leaders told Theresa May that the Brexit withdrawal agreement was not open for renegotiation. At 0830 GMT, the FTSE 100 was down 0.9% to 6,818.60, while the pound […]

London open: Stocks edge higher as May sets off for Brussels London stocks edged higher in early trade as Theresa May headed to Brussels for an EU summit after surviving a no-confidence vote on her leadership. At 0830 GMT, the FTSE 100 was up 0.4% to 6,904.63, while the pound was up 0.4% against the […]

London open: Stocks inch higher on trade hopes, May faces leadership challenge London stocks edged higher in early trade on Wednesday, taking their cue from an upbeat Asian session as investors grew increasingly optimistic about Sino-US trade relations, even as Theresa May faced a leadership challenge. At 0830 GMT, the FTSE 100 was up 0.3% […]

London open: WPP and Ashtead pace the advance as stocks recover London stocks rose in early trade on Tuesday following heavy losses in the previous session, with strong performances from the likes of WPP and Ashtead lending a hand as investors continued to eye the latest Brexit-related developments. At 0830 GMT, the FTSE 100 was 0.6% higher at 6,759.68. […]

London open: Stocks slip amid Brexit concerns; Just Group bucks trend London stocks edged lower in early trade on Monday, taking their cue from losses in Asia, amid worries about Brexit. At 0840 GMT, the FTSE 100 was down 0.3% to 6,759.92, while the pound was flat against the dollar at 1.2721 and 0.4% weaker […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold has been making attempts to go upwards this month. The attempt started on November 13, when price reached the monthly low of 1195.90, and since then, price has gained roughly 5200 pips. This has generated a bullish signal in the market (both in the long-term and the short-term). The […]

London open: Stocks recover as investors eye non-farm payrolls London stocks rose in early trade on Friday to recoup some of the heavy losses a day after the top-flight index closed at its worst level since the Brexit referendum, with US non-farm payrolls also coming in focus. At 0840 GMT, the FTSE 100 was up […]