|Day's Range||6,788.65 - 6,877.50|
|52 Week Range||6,673.60 - 7,903.50|
It’s an action packed week ahead, with Brexit, the FED, the BoE, China’s CEWC and a slew of economic data to drive the markets and let’s not forget Trump…
LONDON MARKETS London markets ended lower on Friday, as slow Chinese business activity in November rebooted refreshed worries over global economic growth. Meanwhile, Brexit uncertainty continues to hang in the air amid a lack of signals U.
European stocks log a lower close as fresh data show the French economy grinding to a halt, gloomy news for Germany and a batch of downbeat numbers out of China.
By Helen Reid and Muvija M LONDON (Reuters) - Weak economic data from China sent Britain's top stock index down on Friday as miners, consumer stocks and banks suffered from investors' mounting anxiety ...
By Josephine Mason and Julien Ponthus LONDON (Reuters) - European shares closed lower for a second day on Friday as weak European and Chinese data renewed worries about global growth and sent a pan-European ...
European shares closed lower for a second day on Friday as weak European and Chinese data renewed worries about global growth and sent a pan-European benchmark on course for its worst quarter since 2011. The euro zone STOXX 600 index ended the day down 0.72 percent and on course for a 9.5 percent loss on the quarter. A summit in Brussels where European Union leaders told British Prime Minister Theresa May they would not be renegotiating the Brexit agreement did little to lift the mood.
Global stocks extend declines as weaker-than-expected data from Beijing to Berlin suggests increasing economic damage from the world's ongoing trade war. China retail sales fall the most in five year, while industrial output sinks, offsetting a formal decision from officials to slash tariffs on imported U.S-made automobiles. Global stocks extended declines Friday as weaker-than-expected data from Europe to China suggested the worldwide trade war is taking its toll on some of the biggest economies and setting up markets for a grim few weeks heading into the end of the year.
The nation’s equity funds have lost $9.8 billion in 2018, on course for the worst year of redemptions on record, according to a Bank of America Merrill Lynch note, which cited EPFR Global data. In the past week through Dec. 12, U.K. stock funds saw an outflow of $1.7 billion, Jefferies Financial Group Inc. said. The FTSE 100 Index earlier this month erased its 21st-century advance as the global equity sell-off added to concerns that U.K Prime Minister Theresa May will struggle to get her Brexit plan through the Parliament.
A brisk week of action on European bourses is not over yet. The region’s stock indices are down by around 1 per cent, with concern deepening at signs of the impact of the trade war between the US and China on global economic growth. , forward-looking purchasing managers’ indices from France pointed to a potential contraction of its services and manufacturing sectors, adding to the jitters.
Theresa May’s attempt to rescue her Brexit deal ran into serious trouble in Brussels last night, after despairing EU leaders accused her of having no viable proposals to sell her plan to a hostile British ...
SINGAPORE (AP) — Asian markets tumbled on Friday after China reported weaker-than-expected economic data, stirring up worries about the state of the world's second largest economy.
London stocks struggled for direction on Thursday as investors refocused on Brexit after Prime Minister Theresa May survived a leadership challenge.
By Danilo Masoni and Josephine Mason MILAN/LONDON (Reuters) - European shares fell on Thursday, snapping two days of gains, as worries about euro-zone growth and the UK's prolonged divorce from the European ...
UK pound rallies as Prime Minister Theresa May survives leadership challenge and heads to Brussels on a last-ditch effort to extract support from EU leaders for her Brexit deal. U.S. equity futures gain, with the Dow called 65 lower and the Nasdaq poised for a modest upside start, with GE shares surging on a rare upgrade from JPMorgan's Stephen Tusa.
FT subscribers can click here to receive Market Forces every day by email. Of greater interest for the market was the ECB’s tempering of its outlook for growth and inflation as seen here. Mr Draghi stated during his press conference that “the balance of risks [to the growth outlook] is moving to the downside” which sparked some selling of the euro.
(Bloomberg) -- European equities climbed after U.K. Prime Minister Theresa May survived a no-confidence vote and Italian Prime Minister Giuseppe Conte proposed to cut the deficit target, which could ease the tensions with the European Union.
The U.K. Conservative Party voted to keep Theresa May as leader. On the bright side, Italian Prime Minister Giuseppe Conte proposed to cut the deficit target to 2.04% of output for next year. The U.K. avoided further political chaos with last night’s vote but the bottom line is that uncertainties persist and are an ongoing drag on European equities.
The pan-European Stoxx 600 was little changed from the previous session during Thursday deals, with sectors and major bourses pointing in opposite directions. European stocks were mixed Thursday as the European Central Bank formally ended its $3 trillion QE program. ECB President Mari Draghi will gives his latest update on euro area monetary policy later in the session.
U.S. stocks couldn't hang on to a big gain Wednesday, but they still finished broadly higher as technology and health care companies rose. Stocks initially rallied after the Wall Street Journal reported that China's government could make changes to its "Made in China 2025" economic development plan. "Any time you get some semblance of good news on trade, you've had this tendency to see a pretty sharp rally," said Liz Ann Sonders, chief investment strategist for Charles Schwab.
Banks led the gains as Europe participates in global rally, fueled in part by trade hopes. The U.K. awaits the outcome of a confidence vote for Prime Minister Theresa May.
The U.K. stock market ends higher on Wednesday, as trade optimism held the markets in the green, despite the fact that U.K. Prime Minister Theresa May was set to face a leadership challenge amid broad discontent over Brexit.