UK stocks flat as stronger pound balances out sentiment boost from EU aid deal The FTSE 100 was flat on Tuesday, after EU leaders agreed a 1.8 trillion euro aid and budget deal to help support member states, following days of negotiating. A jump in the value of the pound versus the US dollar tempered…
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Steve Kelso, Head of Capital Markets, ITI Capital said: ITI Capital have been an exciting leader across a growing number of markets and asset classes. As the dynamics of Globalisation have evolved since the Great Financial Crisis, ITI has been successful by looking forward to trends in technology as well as managing capital flows in…
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EUROPEAN SHARES Stocks slid slightly lower in the old continent on Wednesday, following the trend set overnight in Asia, as a risk-off trading stance is emerging amid growing uncertainty. Even if most stock indices achieved fresh highs this week, boosted by the agreement on the EU recovery package, market sentiment is becoming increasingly weighed down…
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FTSE 100 falters despite vaccine news, BofE top economist says recovery has been V-shaped Despite the promising results from the University of Oxford vaccine trial, the FTSE 100 still sank on Monday, closing the day 0.5% lower. Stock wise, a mixture of names dragged the FTSE 100 lower. International Consolidated Airlines Group, British American Tobacco…
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LR: Any new company offerings you want to share with us? Khanloo: Recently, there have been stock CFDs on for instance Facebook and Google that can be traded without commission*. We also want to gradually expand our product range to include additional companies from the USA, UK, France, Germany and Spain. We have also expanded…
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EUROPEAN SHARES European stocks are trading significantly as investors welcome the deal reached by EU leaders on the new €750 billion virus relief package. While this news is the main driver, markets are also being supported by the latest positive developments in the search for a vaccine. Most investors will now switch their focus to…
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Key data this week Bold indicates the most important release for this symbol. Thursday 23 July, 6.00 GMT: German GfK consumer confidence (August) - consensus -4.8, previous -9.6 Thursday 23 July, 12.30 GMT: initial jobless claims (18 July) - consensus 1.29 million, previous 1.3 million Friday 24 July, 7.30 GMT: German Markit manufacturing PMI (flash,…
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What to watch: BlackRock: The world’s biggest fund manager is scheduled to announce its Q2 earnings on Friday before the market opens. BlackRock is a key bellwether for the asset management industry, and following the blistering rally in equities in Q2, expectations are running high. The consensus is for earnings to come in at $6.99…
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Burberry cutting 500 jobs London-listed shares soared yesterday, with the FTSE 100 closing the day 1.8% up. Similar to the US, it was vaccine optimism driving prices higher, along with a surprise 0.6% June inflation figure, above estimates for the month but still well below the 2% targeted by the Bank of England. International Consolidated…
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EUROPEAN SHARES European shares slid lower on Thursday, mostly in profit taking moves sparked by disappointing Chinese retail sales this morning. Even if trading optimism has recently been boosted by vaccine developments, today’s poor Chinese data underline that market confidence remains feeble and reminded some investors the path to a full recovery may be longer…
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