Markets

Markets lower following Barcelona attack

Markets lower following Barcelona attack

London’s benchmark index the FTSE was due to close the week with only a modest gain after the market made loses on Thursday and Friday following the Barcelona terrorist attack. The tragic incident has left 13 dead and 100 people injured, leading stocks in tourism-related businesses to fall. Brent crude […]

Worries about future US production lowers Brent Crude  

Worries about future US production lowers Brent Crude  

  The FTSE 100 struggled this morning as banks struggled. The FTSE 100 fell to 7,406.67 after a high of 7,433.74. Brent Crude fell to $50.20 a barrel as worries which surfaced yesterday about future US domestic production continued to flourish. BNP Paribas said: “OPEC and Russia still face an […]

FTSE strengthens with as North Korea tensions ebb

FTSE strengthens with as North Korea tensions ebb

  The pound strengthened this morning due to good job data, despite this the FTSE 100 also grew. The FTSE 100 rose to 7,431.56 just after midday. Mining stocks led the rise through higher metal prices with gains of over 2% for Anglo American, Rio Tinto and BHP. “Fears of […]

FTSE 100 rises after week of North Korea tensions

FTSE 100 rises after week of North Korea tensions

  The FTSE 100 regained confidence this morning following chronic falls last week over US-North Korea tensions. The FTSE 100 rose 44 points to 7,354.72 just after midday. The rise was also aided by the weakening of the pound. Brent Crude fell this morning as concerns were raised over Chinese […]

Npower to make loss

Npower to make loss

Innogy has said that its subsidiary Npower will post a loss due to the situation of the UK energy markets. The German utility company has cited “political pressure” as a root cause of its economic position. The company cited lack of clarity from the UK government over energy policy. In […]

Nuclear confrontation pushes global markets down

Nuclear confrontation pushes global markets down

  The FTSE 100 has continued its downward spiral reaching 7,306.47 at 13:00. This represents a three month low. Global stocks have fallen over the nuclear stand off between the US and North Korea. Mining stocks on the index, such as BHP Anglo American and Antofagasta, also dragged the FSTE […]

Brent Crude rises over $53

Brent Crude rises over $53

  The FTSE 100 has continued its downward spiral from yesterday falling over 90 points to 7,405.82 just after midday. Whilst a large drop compared to the early week highs, other factors were at play according to ETX Capital analyst Neil Wilson: “The FTSE 100 is lower but not by […]

Global stocks fall over Trump North Korea face off

Global stocks fall over Trump North Korea face off

  Incendiary comments from President Trump and threats by North Korea have driven down global markets. The FTSE 100 fell from a high of 7,542.73 to 7,483.22. IG analyst Josh Mahoney argued for caution in the face of events: “With European, US and Asian markets all suffering heavily in anticipation […]