Markets

BHP and Rio Tinto drag the FTSE 100 down

BHP and Rio Tinto drag the FTSE 100 down

The FTSE 100 was down 0.232 at 7,230.86 as the pound strengthen on the hopes that Brexit negotiations ease. Mining giants BHP and Rio Tinto were amongst the worst performers, both down 4.56pc and 1.31pc respectively. Brent crude was down 0.75pc, but held above the $65 mark at $65.18 during […]

Brent crude edged over $65 mark

Brent crude edged over $65 mark

The FTSE 100 edged down 0.175pc to 7,281.95 during a quiet morning session at the market. Brent crude rose 0.71pc to pass the $65 mark at $65.30 – a two-week high, lifted by global equity recovery and growing tensions in the Middle East. According to an ExxonMobil official, the oil […]

Brent crude rose on back of weak dollar

Brent crude rose on back of weak dollar

The FTSE 100 rose 0.63pc to 7,280.33 during midday trading at the pound fell against the dollar. Brent crude was up 0.25pc to $64.49 on the back of a weaker dollar which slipped to a three year low, with global stocks headed for their biggest weekly gain in six years. […]

Saudi comments boost oil

Saudi comments boost oil

The FTSE 100 was up 0.53pc to 7,251.93 helped by mining giants BHP, Glencore and Rio Tinto, which were up 2.27pc, 2.48pc and 3.06pc respectively. Brent crude improved on its recent poor form to reach $64.01, supported by Saudi Arabia, which said it would rather have an undersupplied market than […]

Brent crude continues price drop

Brent crude continues price drop

The FTSE 100 jumped 0.79pc to 7,224.86, despite cautious trading ahead of US inflation report. Brent crude dropped 0.43pc to $62.45 as OPEC witness a near 15pc drop in oil prices in three weeks, a clear sign the decline is not over. Sterling was down 0.31pc against the dollar at […]

Miners help boost the FTSE 100

Miners help boost the FTSE 100

The FTSE 100 edged up 0.21pc despite pressure from a strengthening pound following stronger than expected inflation data. Mining companies helped boost the FTSE 100 during midday trading, with Anglo American, BHP and Glencore up 2.17pc, 0.97pc and 1.84pc respectively. Brent crude dropped 0.19pc to $62.47 as forecasts predict the […]

Markets begin to recover from last week’s losses

Markets begin to recover from last week’s losses

The FTSE 100 rose 1.26pc to 7,181.45 with mining giants leading the charge. Anglo American, Glencore and Rio Tinto helped boost the FTSE 100, up 2.75pc, 2.76 and 2.42pc respectively. Brent crude jumped 1.39pc to $63.66, helping the commodity to recover from last week’s steep losses following the steadied growth […]

Miners worst performers in FTSE 100

Miners worst performers in FTSE 100

The FTSE 100 slipped 1.16 to 7,194.80 as the Bank of England indicates the rate of growth in interest rates could accelerate if the economy continues its current course. Mining giants BHP, Glencore and Rio Tinto were amongst the worst performers in the FTSE 100, down 3.70pc, 2.41pc and 2.59pc […]