Moving markets: Five things shaping the FTSE 100 today February 13, 2024 U.S. stocks closed mixed, while Asia saw modest gains. Bitcoin hits $50,000, oil prices remain stable, and the focus shifts to UK labour market data and U.S. inflation.
Bitcoin breaks $50,000 barrier after over two years February 13, 2024 Bitcoin has surged past the $50,000 mark, marking its highest level since 2021. This surge highlights a significant shift in investor interest, largely attributed to the introduction of mainstream bitcoin investment funds.
FTSE 100 close: London flat as investors await health check on UK economy, real estate merger creates £2.6bn fund February 12, 2024 Investors were largely sitting on their heads ahead of a packed calendar of data releases.
Scrap ‘pernicious’ share tax to help boost the London Stock Exchange, Hunt told February 12, 2024 Jeremy Hunt must scrap a “pernicious” tax on share trading to breathe life back into the beleaguered London Stock Exchange after a drop-off in new listings, a top investment bank has said.
FTSE 100 today: London markets set for muted start amid thin Asian holiday trade February 12, 2024 Australia's equities slip, while Asian markets remain closed for holidays; Bitcoin surges, and gold pauses in light trading. Eyes are on Tuesday's U.S. inflation report and Fed speeches.
Badenoch under pressure to revive sweeping audit reform February 12, 2024 Kemi Badenoch is under pressure from a top City group to revive a sweeping shake-up of audit rules after the government shelved many of its reform plans last year, City A.M. can reveal.
FTSE 100 falls even further behind international peers in disappointing start to 2024 February 10, 2024 London markets have posted a weak start to 2024 compared with international peers as investors snub the FTSE indexes for better returns elsewhere.
FTSE 100 close: London closes another disappointing week in the red February 9, 2024 Shares in Tesco climbed after Barclays confirmed that it was buying the supermarket's retail banking arm for around £600m.
Capital Economics: AI ‘bubble’ now more of a risk for markets than interest rates February 9, 2024 While it was still "too early" to be confident that interest rates won't cause some imbalances, "the chances of a systemic financial event are diminishing".
Moving markets today: What’s shaping the FTSE 100 this morning February 9, 2024 S&P 500 inches closer to 5,000, Japanese stocks hit 34-year high, Arm shares surge 55%, Oil prices rise as Israel rejects ceasefire proposal, focus on PepsiCo earnings and Fed commentary.