Markets Drop Despite Further ECB & German Stimulus

Thursday, June 4: Markets in London and across Europe found themselves on the back foot at the open, stunting  recent gains as energy majors tracked falling oil prices and investors were apprehensive ahead of an ECB meeting. By the close oil majors had gained ground whilst an array of financial and industrial stocks weighed heavily…

FTSE Indices Flying on Chinese Data Hopes

Wednesday, June 3: UK stocks climbed to a three-month highs as investors were encouraged by data from China. Chinese data indicated that the service sector returned to growth in May, bolstering hopes of a faster global rebound from a covid-19 induced slump. The FTSE 100 was 1.10% higher shortly after the open, lifted by travel…

UK Indices Higher on Further Stimulus Hopes

Tuesday, June 2: European markets edged higher at the open, following the gains seen yesterday across Europe. The DAX 30 was closed for a public holiday yesterday but rallied hard as it caught up from yesterday’s optimistic price moves, but was also boosted by news of a bailout package for Germany flag carrier Lufthansa(+3.92%) from…

FTSE 100 Closes Higher as Primark Opens for Business

Monday, June 1: European indices were higher at the open, lifted on hopes of a global recovery post-coronavirus and a sanguine response from the US in response to China’s national security law on Hong Kong . POTUS Trump began the winding down of special treatment for Hong Kong in order to punish China late last…

Oil Rally Lifts FTSE

Tuesday, 5th May: A rebound in oil prices helped lift the FTSE on Tuesday. The likes of BP and Shell were both trading higher by circa 5.8% and 5.5% by mid-day and Brent crude was up 7.24% at $29.17 per barrel. Behind the rally of oil prices seems to be the production cuts, combined with…

Blue Chip Struggles To Close In Green

Monday, 4th May: The blue-chip index started the first full week of May in red over further uncertainty surrounding China’s knowledge of the virus, and as President Trump continued to criticise their management and approach in containing it. One of the biggest fallers of the day was easyJet, over concerns of the budget airline going…