^FTSE - FTSE 100
| Previous Close | 7,493.09 |
| Open | 7,493.09 |
| Volume | 0 |
| Day's Range | 7,475.49 - 7,546.65 |
| 52 Week Range | 6,536.50 - 7,790.20 |
| Avg. Volume | 677,333,127 |
- FX Empire•19 hours ago
The Week Ahead: A New British PM, Earnings, Iran, Stats and Trade in Focus
It’s a big week ahead for the markets. Earnings, economic data, Iran, trade war chatter, and the ECB are all in focus.
- FX Empire•2 days ago
Weekly Wrap – Stats and Sentiment towards the FED Drove the Majors…
The Pound and the EUR struggled, while the Greenback, Aussie Dollar and Kiwi Dollar saw green for the week.
- Financial Times•3 days ago
Toxic politics deters bargain hunters from UK assets
International investors have long shunned, or in their parlance, “underweighted” the UK, according to various surveys since 2016. Not only have many foreign investors turned their backs, they are in no mood to step back in and buy UK assets when the likelihood is high that they can only become cheaper in local currency terms.
- FX Empire•3 days ago
European, US Stock Indexes Edge Higher on Hopes of Aggressive Fed Rate Hike
The major U.S. stock indexes are expected to open higher based on the pre-market futures trade, however, the markets are retreating from early highs. Buyers came in early, following through to the upside after Thursday’s late rally, but gains were dampened after a New York Fed spokesperson downplayed the chances of an aggressive rate cut.
- MarketWatch•3 days ago
London markets rebound as oil prices rise and optimism for a Fed rate cut returns
London markets rebounded on Friday led by optimism over Federal Reserve rate cuts and an oil price boost for commodity stocks.
- Reuters•3 days ago
GLOBAL MARKETS-Fed rate cut bets lift stocks, dollar steadies
Global stocks rose on Friday as investors firmed up bets on a U.S. interest rate cut at the end of July after a speech by a top Federal Reserve official further cemented expectations for one, fuelling appetite for risky assets and capping the dollar. European shares opened higher across the board, with the pan-European STOXX 600 index gaining 0.7% in early trade. Comments by New York Fed President John Williams on Thursday made it virtually certain, in the markets' view, that the Fed would cut interest rates by at least 25 basis points at its July 30-31 policy meeting and also revived expectations of an even deeper 50 bps reduction.
- Barrons.com•3 days ago
Germany’s Strong Stock Market Belies a Weakening Economy
The bourse’s big names depend on international sales more than local trends. That won’t change even if Berlin embraces economic stimulus.
- Investing.com•3 days ago
Stockbeat: Trouble in Mad Men Land as Publicis Guidance Hits Sector
By Geoffrey Smith
- TheStreet.com•3 days ago
[video]Dow Futures Gain, Global Stocks Jump, as Fed Officials Hint at Deeper Rate Cuts
U.S. equity futures are pointing to solid gains across Wall Street Friday as investors react to comment from Federal Reserve officials that could signal deeper rate cuts and stronger-than-expected second quarter earnings from Microsoft that look to revive hopes for a tech-lead rally into the second half of the year.
- Investor's Business Daily•4 days ago
Stocks Stumble As Netflix Dives; Dow Jones Stock IBM Breaks Out, Apple Upgraded
Novartis and eBay grabbed early leads Thursday as Netflix slammed the Nasdaq, even as an analyst upgrade lifted Dow Jones stock Apple toward a buy point.
- MarketWatch•4 days ago
London markets slide as U.S.-China talks stall and pound rebounds on retail boost
London markets retreated on Wednesday as trade talks between the U.S. and China hit a Huawei hurdle and the pound rebounded on strong U.K. retail sales.
- Financial Times•4 days ago
Hiking the equity peaks and descents
FT subscribers can click here to receive Market Forces every day by email. Expanding equity multiples that recently propelled the S&P 500 index into record territory requires evidence of earnings growth at some point.
- Investing.com•4 days ago
StockBeat: A Sea of Red as Earnings Live Down to Expectations
By Geoffrey Smith
- TheStreet.com•4 days ago
[video]Dow Futures Flat , Global Stocks Slip, as Tech Earnings, Trade Data Rattle Bulls
U.S. equity futures are pointing to a third day of declines on Wall Street Thursday as investors react to weaker-than-expected earnings in the tech and industrial sectors and signal increasing concern for the fate of U.S.-China trade talks.
- FX Empire•5 days ago
Earnings Season Underway, EU Moves Lower On Trade Concerns, Uncertainty Dominant Theme On Wall Street
Global indices retreat as trade woe resurfaces and corporate earnings roll in.
- MarketWatch•5 days ago
London markets fail to gain from falling pound as Trump reignites trade war fears
London markets drifted lower as the pound continued its descent and fresh trade war fears hit the FTSE 100.
- Financial Times•5 days ago
Reflation requires more than a pump
FT subscribers can click here to receive Market Forces every day by email. Reflation is what central banks and those holding risk assets want to see and that's why a rate cut looms from the Federal Reserve at the end of the month. Glancing at inflation break-evens — bond market measures of inflation expectations — does show some progress on that front.
- Reuters•5 days ago
UPDATE 2-Johnson Matthey battles lower profit at its biggest unit
Johnson Matthey on Wednesday lowered the profit outlook for its largest unit that makes pollution filters for cars and trucks and announced the departure of the unit's head, sending its shares down more than 3%. Shares of the FTSE 100 company was the biggest loser on London's blue-chip index. The moves follow scrutiny of Johnson Matthey's catalytic filters for trucks, which have been linked to emission issues at truckmakers Volvo and Cummins.
- Financial Times•5 days ago
Climate change: is your equities portfolio too hot to touch?
This month, the UN estimated that climate disasters are happening at the rate of one a week. In October, the Intergovernmental Panel on Climate Change said we had 12 years to hold global warming to 1.5C above pre-industrial levels. Aviva measured investments in its equities portfolios against the goals of the 2015 Paris agreement (limiting the rise to 2C) and found they are on track for a 3.4C rise.
- TheStreet.com•5 days ago
Dow Futures Edge Higher As Markets Look to FAANG Earnings to Extend Record Rally
U.S. equity futures edged higher, potentially lifting Wall Street to fresh record peaks again Wednesday, as investors await the first of six major tech sector earnings reports later today that could make-or-break the recent stock market rally.
- FX Empire•6 days ago
Earnings Season Hits High Gear, EU Markets Rise, RBA Set To Cut Rates In July
The U.S. retail sales are much stronger than expected and point to economic stability, not interest rate cuts.
- MarketWatch•6 days ago
London markets climb as pound tumbles on fear of no-deal Brexit
London markets climbed on Tuesday as the pound continued to tumble on Brexit concerns despite strong U.K. wages growth.
- MarketWatch•6 days ago
British wages climb to 11-year high as unemployment matches 45-year low
The U.K. labor picture remained strong in May, according to data released Tuesdayby the Office for National Statistics. Weekly earnings in the 3 months ending May rose 3.6%, the strongest rise since July 2008. The unemployment rate meanwhile stayed at 3.8%, matching the lowest level since 1974.
- Reuters•6 days ago
UPDATE 2-Burberry bounce helps to push European stocks to 1-week high
British fashion brand Burberry's shares jumped on Tuesday, lifting other luxury goods makers, while upbeat earnings from big Wall Street banks spurred gains for the region's lenders, driving major European markets to their highest closing levels in a week. Burberry's shares surged 14.4%, their biggest one-day gain in 7 years, as quarterly results showed demand for new designs by creative chief Riccardo Tisci picking up. Upscale retailers in Europe, including Hermes, Louis Vuitton owner LVMH and Gucci parent Kering , rose between 0.4% and 2%, helping France's CAC 40 index outperform its European peers with a 0.65% gain.
- Financial Times•6 days ago
Blackstone to buy CRH European distribution unit for €1.6bn
Irish building materials supplier CRH announced it will sell its European distribution business to private equity funds managed by Blackstone. The European business, which supplies roof tiles, sanitary heating and plumbing to a network of builders, will be sold for €1.64bn, including net debt. Proceeds will be used for future acquisitions and to fund the FTSE 100 company’s share buyback programme, according to the company.
