Week ahead: Rate cut may offer optimism for housebuilding sector August 4, 2024 In a rather quiet week ahead, London markets are expecting updates from financial services firm Legal & General (L&G), housebuilder Persimmon, and real estate investment trust (REIT) Derwent London.
FTSE 100: London inches towards all-time high as markets anticipate rate call July 29, 2024 FTSE 100 stocks started the week with a surge, rising one per cent in the three hours after the opening bell, as the market holds its breath on whether the Bank of England will cut interest rates later this week. After the record performance of the FTSE 100 in May, where the index hit an [...]
ECB to dominate focus for traders in busy week of UK data July 15, 2024 "It seems extremely unlikely that the ECB will cut rates again when they meet next week," analysts at RBC said.
FTSE 250 posts strong weekly gain as investors look at UK stocks with a ‘new pair of eyes’ July 12, 2024 "Investors are looking at the UK with the new pair of eyes and a bit more confidence," Julien Lafargue, chief market strategist at Barclays Private Bank, said.
French election: Markets stabilise after shock results lead to stalemate July 8, 2024 In 1962 president Charles De Gaulle expressed his frustration at the difficulties facing anyone governing France. "How can anyone govern a country with 246 varieties of cheese," he lamented.
US inflation back in focus for markets as traders back September rate cut July 7, 2024 Prices are expected to increase just 0.1 per cent in June, which would bring the annual rate of inflation down to 3.1 per cent.
Election 2024: FTSE 100 in the red but midcap index maintains gains after Labour landslide July 5, 2024 Sterling was trading up around 0.1 per cent this morning at $1.277 while futures on the FTSE 100 edged up by around 0.2 per cent. Markets will open at 8am.
UK a ‘beacon of stability’ for markets amid boring election campaign July 4, 2024 The polls have consistently put Labour about 20 points ahead with YouGov's latest poll suggesting they are on track for the biggest majority since 1832, the year of the Great Reform Act.
Why markets are concerned by the French election June 29, 2024 France's fiscal position is not good. Its national debt stands at around 112 per cent of GDP, a bigger debt burden than Germany and the UK.
SEC chief tells UK to set a firm deadline for T+1 trading settlement transition June 21, 2024 The head of the US Securities and Exchange Commission (SEC) has told the UK to set a firm deadline on when it will transition to a new share-trading settlement regime.