Markets

Sterling drops on stalled Brexit negotiations

Sterling drops on stalled Brexit negotiations

The FTSE 100 remained steady around six-month lows at 6,993.48 as a deadlock in Brexit negotiations dragged on stocks but supported internationally focused constituents as the pound weakened. Brent crude was up 0.90pc at $81.15, boosted by Saudi Arabia tensions over the disappearance of a prominent journalist, although long-term demand […]

Brent Crude recovers losses

Brent Crude recovers losses

The FTSE 100 rose 0.735pc to 7,058.44 during the early afternoon as US stock futures showed signs of a jump on Wall Street when it opens. Mining giants Anglo American and Antofagasta were amongst the top performers on the FTSE 100, up 4.33pc and 3.57pc respectively. Brent crude climbed 0.85pc […]

FTSE 100 at six-month low

FTSE 100 at six-month low

The FTSE 100 plummeted to its lowest level since April, down 1.65pc at 7,027.79 after a global rout on equity markets led to concerns over fast rising rates and risk aversion. UK energy giant Centrica was amongst the biggest losers on the FTSE 100, down 3.18pc. Brent crude slipped 1.93pc […]

Sterling at 14 week high against the Euro

Sterling at 14 week high against the Euro

The FTSE 100 slightly pared its losses during the morning session at 7,237.20, dipping into the red following disappointing GDP data, which fell widely short of held expectations. Brent crude was steady at $84.98 with losses from reduced IMF growth forecasts balanced by Hurricane Michael moving towards the Florida coast, […]

FTSE 100 at six-month low

FTSE 100 at six-month low

The FTSE 100 fell to a six-month low at 7,209.83 after the IMF warned of “clouds on the horizon” for global economy, cutting growth from 3.9pc to 3.7pc. Despite the drop of the FTSE 100, the mining sector saw strong performances, with Anglo American, Antofagasta and Evraz up 1.66pc, 1.60pc […]

Brent crude drops on expectations of continued Iranian exports

Brent crude drops on expectations of continued Iranian exports

Gloomy results from a British Chamber of Commerce weighed on UK stocks, dragging the FTSE 100 down 0.61pc to 7,273.66, as Brexit related gloomed suggested the UK’s economic growth was at its lowest level since the global financial crisis. Brent crude was down 1.52pc to $82.88 following expectations that Iranian […]

Miners led the losses on the FTSE 100

Miners led the losses on the FTSE 100

The FTSE 100 dropped 0.573pc at 7,375.81 and was set for its biggest weekly loss in a month following a selloff in the global bond markets due to the US Treasury’s reduced appetite for riskier assets. Mining giants led the fall of the FTSE 100 with losses across the sector […]

Brent crude hold close to four-year highs

Brent crude hold close to four-year highs

The FTSE 100 plummeted 0.915pc to 7,441.56 having dropped during the morning session as a result of concerns over the US/China trade war, higher Treasury yields and a drop in oil prices. Brent crude was tempered by the prospect of increased production from Saudi Arabia and Russia, down 0.15pc at […]