|Day's Range||7,516.17 - 7,552.10|
|52 Week Range||6,676.60 - 7,599.00|
At 6:30 AM EST on October 18, the FTSE 100 Index was trading at 7,538.50—a gain of 0.3%. The iShares MSCI United Kingdom (EWU) fell 0.48% on October 17.
European markets were higher Wednesday afternoon, as investors monitored the latest batch of earnings and economic data releases.
A continued pullback in the pound helped push U.K. stocks higher Wednesday, as lackluster figures on British wages may help shape the Bank of England’s thinking on an interest-rate hike.
By Kit Rees LONDON (Reuters) - The UK's top share index held its ground on Wednesday as third quarter earnings trickled in, with shares in Reckitt Benckiser dipping after a disappointing update. Britain's ...
European stocks gained Wednesday, as falls in the euro and the pound helped exporters and offset disappointing financial updates from companies such as Zalando.
The FTSE 100 initially tried to rally during the day on Tuesday, reaching towards the 7550 handle. That’s an area where we had seen resistance in the past couple of days, and that was true again during the Tuesday trading session. There’s also significant support below at the 7500 level, so I believe that it’s … Continue reading FTSE 100 Price Forecast October 18, 2017, Technical Analysis
U.K. stocks end lower on Tuesday after investors receive inflation data that could harden the case for the Bank of England to raise British borrowing costs.
European stocks end a bouncy day in negative territory on Tuesday, as traders digest a mixed bag of earnings reports from the region, with health care stocks and Merlin Entertainments PLC the hardest hit ...
British shares edged lower on Tuesday, with a flurry of trading updates driving sharp swings in individual stocks including tourist attractions operator Merlin Entertainments, which plummeted after disappointing summer sales. The FTSE (.FTSE) ended the day 0.1 percent lower, weighed down by a pullback in mining stocks as metals slipped from three-year peaks hit on Monday. The index was driven higher earlier, when the pound slipped after Bank of England policymakers speaking in parliament were interpreted by the market as broadly dovish and indicating internal debate over a November rate hike.
Pound Moves Lower The focus of the day was the pound as the market looked forward to the CPI inflation data and also the speech from Carney during the London session. The pound had been trading in a choppy manner over the last few days in anticipation of the loads of data that are scheduled … Continue reading Market Snapshot – Pound Has Its Day Out
TOKYO (AP) — Asian shares were mixed on Wednesday, as some indexes got a boost from overnight gains on Wall Street. Japan's benchmark held steady as expectations grew that a likely ruling party win in Sunday's Japanese parliamentary elections will help stability and growth. The Shanghai Composite index advanced as China's ruling communists began a congress that is due to give President Xi Jinping a second, five-year term.
The United Kingdom’s FTSE 100 Index started this week on a mixed note. It started lower on October 17 and traded near the opening prices in the morning.
European stock markets moved sideways on Tuesday. The DAX and FTSE 100 are posting slight gains, while IBEX and MIB are underperforming, as Spain’s Catalonia problem escalates with arrests among leading independence proponents and Madrid reportedly preparing to take over direct control if a second deadline on Thursday is not met. Slightly weaker than expected … Continue reading Softer than Anticipated German Zew Weighs on European Shares
Worries about Brexit talks between London and Brussels add to the case for dialing back exposure to U.K. stocks, but the biggest reason to underweight them could be the market’s makeup.
European markets opened slightly higher on Tuesday morning, as investors monitored the latest political developments coming out of the euro zone.
The FTSE 100 gapped higher at the open on Monday, but then rolled over to fall towards the 7520 level. I think that the market has plenty of support just below, especially near the 7500 level, but where we are right now has been supportive as well. Because of this, I’m looking for some type … Continue reading FTSE 100 Index Price Forecast October 17, 2017, Technical Analysis
BEIJING (AP) — Asian stocks were little-changed Tuesday after Wall Street's major indexes rose to new highs as China prepared to open a key political meeting.
The FTSE's blue-chip miners narrowly failed to keep London stocks in positive territory as robust Chinese import and producer price data sent bullish signals. UBS reiterated on Monday that speculative ...
U.K. stocks swung between small gains and losses on Monday, but ended slightly lower with medical firm ConvaTec leading decliners after wiping out a quarter of its market value.
By Helen Reid and Kit Rees LONDON (Reuters) - Medical device firm ConvaTec was bruised after a profit warning on Monday, but mining companies stemmed broader losses on the FTSE share index. Britain's FTSE ...