Markets

Miners weigh on the FTSE 100

Miners weigh on the FTSE 100

The FTSE 100 was down 0.711pc at 7,372.63, held back by mining giants. Mining giants were amongst the worst performers on the FTSE 100 with Anglo American, Antofagasta and Rio Tinto down 4.30pc, 3.77pc and 2.15pc respectively. International benchmark Brent crude was pushing towards the $74 mark, up 0.05pc at […]

Brent crude breaks $75 barrier

Brent crude breaks $75 barrier

The FTSE 100 was up 0.306pc at 7,421.49, putting git on track to close above 7,400 for the first time since early February. Brent crude broke the $75 mark, up 0.41pc at $75.02 during midday trading, supported by OPEC cuts, strong demand and renewed sanctions on Iran. Sterling fell to […]

Brent crude flat but remains bullish

Brent crude flat but remains bullish

The FTSE 100 nudged down 0.075pc at 7,362.67, having slightly risen earlier in the session as City Minister John Glen indicated the EU has agreed to provide some form of access for Britain financial services following Brexit. Brent crude was flat at $74.00 following rising US borrowing costs and the […]

Miners lead the FTSE 100

Miners lead the FTSE 100

The FTSE 100 was up 0.494pc at 7,365.09 during midday trading, having previously lost ground. BHP and Rio Tinto were among the top performers on the FTSE 100, up 1.29pc and 1.10pc respectively. Brent crude fell 0.24pc at $73.60 but was supported by tightening supplies and continued OPEC support which […]

Saudi Arabia drive oil prices

Saudi Arabia drive oil prices

The FTSE 100 edged 0.167pc higher at 7,329.54 as cold weather last month pushed the pound below $1.42. Saudi Arabia has hinted that it has its sights on an increase in oil price to $80-$100, which ignited a rapid rally in commodities. Brent crude was up 0.67% at $73.97 during […]

Markets up after Sterling fall

Markets up after Sterling fall

The FTSE 100 was up 0.710pc at 7,277.34 as the pound plummeted on the back of lower than expected inflation. The mining sector performed well during the morning session with many of the giants achieving higher than 2pc growth. Brent crude was up 1.30pc at $72.51 as a drop in […]

Concerns over supply help oil prices

Concerns over supply help oil prices

The FTSE 100 was up 0.235pc at 7,215.11 as a 2.8pc wage growth overtook inflation, suggesting the end of the cost of living squeeze could be near. Mining giant Evraz was amongst the strongest performers on the FTSE 100, up 5.81pc. Brent crude was up 0.11pc at $71.50, boosted by […]

Markets down following Syria intervention

Markets down following Syria intervention

The FTSE 100 was down 0.425pc at 7,233.72 due to a stronger pound and growing fears following the Syria missile strikes over the weekend. Brent crude fell 1.05pc to $71.82 as US drilling activity rose and fears waned over escalating tensions in the middle east. BP and Shell dropped 1.49pc […]