Markets

The FTSE 100 remains on the back foot

The FTSE 100 remains on the back foot

The FTSE 100 remained on the back foot, down 0.386pc at 7,601.90, as the markets continued to fear an escalating trade battle between the US and China. Brent crude dropped 0.62pc at $74.87 ahead of Friday’s OPEC meeting which will assess demand and an apparently stronger market. Sterling fell to […]

Brent crude climbed ahead of OPEC meeting

Brent crude climbed ahead of OPEC meeting

The FTSE 100 dropped 0.384pc at 7,604.58 as risk aversion, prompted by trade tensions between China and the US, continued through European markets. Brent crude climbed 0.68pc at $73.94 ahead of OPEC’s meeting that is widely expected to see an increase in the bloc’s crude supply as investors examine the […]

Fed indicates interest rises as dollar falls

Fed indicates interest rises as dollar falls

The FTSE 100 fell this morning over the US’s decision to impose $50bn worth of tariffs on Chinese goods, leading the index to fall to its lowest four-week low of 76.76 pts Pound Sterling has risen to a two-month high following the European Central Bank’s decision to keep interest rates […]

Shares rise as Gatwick Gusher given greenlight

Shares rise as Gatwick Gusher given greenlight

The FTSE 100 index opened down this morning as investors adjusted to the new interest rates expectations from the Fed, but managed to claw back its losses by 3.00pm leaving it standing up 0.83pc (63.62pts). The announcement to end its bond-buying stimulus policy from the European Central Bank has left […]

Oil prices fall in anticipation of OPEC meeting

Oil prices fall in anticipation of OPEC meeting

The FTSE 100 market pushed up in to the green today, climbing 0.35pc as new data from the Office of National Statistics informed investors of stagnant UK inflation (2.4pc) in May. Pound Sterling continued to trade down against both the Euro and the Dollar by 0.3pc and 0.4pc respectively. Focus […]

Coal prices double due to demand from Asia

Coal prices double due to demand from Asia

FTSE 100 market has dipped in to the red today, down 0.33pc (-26.08pts), with losses in mining and oil majors weighing heavily on the index. Copper prices were hit by a strong dollar leaving mining giants causing shares to fall in Anglo American, BHP Billiton, and Rio Tinto. Royal Dutch […]

European climb despite “war of words”

European climb despite “war of words”

European markets have climbed today with traders choosing to ignore US President Donald Trump’s “war of words” at the G7 Summit in Canada. The FTSE 100 is up 0.8pc, while Frankfurt’s Xetra Dex 30 and the Europe-wide Stoxx 600 are both up 0.5pc and 0.4pc respectively.  The Pound Sterling, however, […]

Markets down ahead of key events

Markets down ahead of key events

The FTSE 100 slipped 0.595pc at 7,658.55 as global stocks sink ahead of US President Trump’s showdown with the EU at the G7 meeting. Antofagasta was the worst FTSE 100 performer in the mining sector, down 2.91pc. Brent crude dropped 0.83pc to $76.68 as demand in China falls and a […]