Markets

Revelations reduce energy shares

Revelations reduce energy shares

The FTSE100 rose by one percent in early trade and is currently up 21.90 or 0.33 per cent just before lunch as retailers return healthy profits. A report in today’s Sun says that energy firms may be making up to 24 per cent profit on the average consumer’s bill. Following […]

Copper at seven year high

Copper at seven year high

As trading wraps for another week, a stronger pound and lower oil prices have taken the FTSE lower down 61.8 points, or 0.9 per cent at 6,766.2. However, metals have seen continued growth with copper reaching a seven-year intraday trading high surpassing $6,000 per ton. Copper prices have surged by […]

Markets calm after US election

Markets calm after US election

Commodities continue to climb as investor fears over a possible slowdown in the Chinese market ease continue to ebb following the US election result. Extractors and energy companies are leading the growth in the market. After the initial market shock, investors are cautiously expecting a Trump administration to increase infrastructure […]

US election: markets react

US election: markets react

Markets feel sharply across Europe this morning on the back of Donald Trump’s victory in the US Presidential election, with the FTSE losing £37bn (2%) in value on open. The losses in London, and on other European exchanges, followed similar trends in Asian markets with Japan’s Nikkei 5% lower and […]

Markets wait on US result

Markets wait on US result

Global markets are awaiting the result of today’s Presidential election, with first results likely after the market closes around midnight GMT.  Investors have been positioning themselves for a victory for Hillary Clinton with minor movement in the oil price overnight and this morning. Brent Oil Futures for January delivery are […]

Clinton’s clearance raises FTSE

Clinton’s clearance raises FTSE

The FTSE 100 is up by around one per cent today – following the news overnight that Democrat Hillary Clinton has been cleared by the FBI. UK mining companies are leading the market surge and are up between three and four per cent following similar rises overnight in American commodities […]

US uncertainty subdue markets

US uncertainty subdue markets

Markets across Europe are subdued ahead of the result of next week’s US Presidential election.  Meanwhile, BMW has reported the company’s profitability has fallen following its heavy investment in electric cars and sluggish sales in the United States. Return on sales at BMW fell to 8.5 per cent compared to […]

FTSE drops post Brexit Ruling

FTSE drops post Brexit Ruling

Following the High Court ruling on Brexit and the Bank of England’s call on interest rates, the FTSE 100 has taken a dive led by exporters. Oil futures have edged upwards following an attack on a pipeline in Nigeria that disrupted supply and a weaker US dollar. Brent crude is […]