FTSE 100 today: London markets to open lower amid global weakness, Wall Street tech decline March 15, 2024 Asian stock markets faced downward pressure due to a tech-driven slide, while Bitcoin plummeted by 4%. Chinese home prices dropped amid a worsening property market, with the PBOC maintaining key rates unchanged. Investors are now eyeing upcoming U.S. data releases for economic insights.
China’s housing crisis: Chinese home prices fall in February as property woes deepen March 15, 2024 China's housing market displayed continued weakness in February, with new home prices declining for the eighth consecutive month, according to official data released on Friday.
FTSE 100: What’s moving markets today? March 14, 2024 Asia markets were mixed as the previous Wall Street rally begins to fade, while oil prices climb following Ukraine's strikes on Russian oil refineries. Focus now shifts to key US economic data releases, including producer prices and retail sales figures.
FCA chief Rathi: Pension industry must ‘tackle questions’ on risk appetite March 13, 2024 The pension industry needs to “tackle questions” about its risk appetite as the government piles pressure on the sector to pump more cash into UK-based companies, the chief of the Financial Conduct Authority has said.
Moving markets: Five things shaping the FTSE 100 today March 13, 2024 Amidst Wall Street's historic highs, Asian markets maintained a sense of calm, while oil prices surged and Bitcoin experienced an uptick. Now, attention pivots to the eagerly awaited release of the UK’s GDP figures.
Sir Nigel Wilson: Britain’s bosses must stop ‘moaning, groaning and whinging’ March 12, 2024 UK bosses need to stop “moaning and groaning and whinging” and start talking up Britain as a place to do business, the former boss of Legal & General has warned.
FTSE 100 today: London markets set for cautious open as U.S. inflation data looms large March 12, 2024 Asian stocks surged, and Oracle's shares soared over 14%. Bitcoin also broke records, surpassing $72,000. Market focus now shifts to forthcoming UK employment data and US inflation figures for key insights into economic trends.
Market insights: Five forces impacting FTSE 100 today March 11, 2024 Asian markets stumbled while China celebrated its exit from deflation with rising consumer prices. Bitcoin briefly soared to $70,000, attracting global attention. Investors are now closely monitoring the UK GDP and U.S. inflation reports, pivotal factors influencing global economic trends.
Etoro could snub London for New York IPO despite UK focus March 10, 2024 UK-focused stock trading platform Etoro is exploring a New York IPO at a valuation of more than $3.5bn (£2.7bn) despite doing most of its business in Europe.
Primarybid ditches UK consumer app to ramp up international expansion March 10, 2024 London-based retail investment platform PrimaryBid is preparing to cut its UK consumer app in order to increase spending on overseas expansion.