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 […]
06 Jun 2024 @ 08:26
The key points from today’s economic news, brought to you by Guardian Stockbrokers. German current account surplus widened in November In Germany, current account surplus widened to €30.80 billion in November, compared to a surplus of €20.00 billion recorded in the previous month. US CPI advanced more than expected in December In the US, the […]
05 Jun 2024 @ 10:37
London open: Stocks gain on US rate cut hopes London stocks rose in early trade on Wednesday as weaker-than-expected US jobs data fuelled expectations of a rate cut by the Federal Reserve later this year. At 0840 BST, the FTSE 100 was 0.3% firmer at 8,253.52. Susannah Streeter, head of money and markets at Hargreaves Lansdown, […]
05 Jun 2024 @ 08:42
The key points from today’s economic news, brought to you by Guardian Stockbrokers. German current account surplus widened in November In Germany, current account surplus widened to €30.80 billion in November, compared to a surplus of €20.00 billion recorded in the previous month. US CPI advanced more than expected in December In the US, the […]
04 Jun 2024 @ 10:44
London open: Stocks in the red as oil giants hit by falling prices London stocks fell in early trade on Tuesday, with oil giants under the cosh as oil prices retreated. At 0835 BST, the FTSE 100 was down 0.3% at 8,236.04. Investors were mulling industry data showing that UK retail sales inched higher in […]
04 Jun 2024 @ 08:37
The key points from today’s economic news, brought to you by Guardian Stockbrokers. German current account surplus widened in November In Germany, current account surplus widened to €30.80 billion in November, compared to a surplus of €20.00 billion recorded in the previous month. US CPI advanced more than expected in December In the US, the […]
03 Jun 2024 @ 14:01
While US markets are preoccupied with domestic political dynamics and speculating on the release of the non-farm payrolls report, European investors are turning their attention to the upcoming ECB meeting on June 6. The central bank is expected to announce its first interest rate cut shortly as inflation approaches the optimal level. Indeed, several governing […]
03 Jun 2024 @ 10:36
London open: Stocks gain ahead of UK manufacturing data London stocks rose in early trade on Monday, taking their cue from a positive session in Asia, as investors eyed the latest UK manufacturing reading. At 0845 BST, the FTSE 100 was up 0.3% at 8,297.08. Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: […]
03 Jun 2024 @ 08:52
The key points from today’s economic news, brought to you by Guardian Stockbrokers. German current account surplus widened in November In Germany, current account surplus widened to €30.80 billion in November, compared to a surplus of €20.00 billion recorded in the previous month. US CPI advanced more than expected in December In the US, the […]