Investors Cash Out on Paddy Power Betfair

Wednesday, July 8: After a mixed session yesterday across global asset classes which resulted in the FTSE closing almost unmoved, rhetoric was if anything identical today. Although the Brexit no-deal sell-off has now gathered more pace and the drop in the value of the pound has consequently helped London bourses surge to close 0.75% higher…

Domino’s fall like Dominoes

Tuesday, July 7: The FTSE opened stronger this morning after a subdued session yesterday, tracking Asian gains early Tuesday morning. Hong Kong’s Hang Seng finished 1.5% higher and the Nikkei gained a modest 0.7%. The FTSE 100% rose around 0.3% after the opening bell and eventually closed 0.71% higher. The main driver behind global equity…

HSB-C China as Key

Monday, August 6: European markets opened both mixed and muted this morning, following mixed Asia trade to kick the week off in which Japan’s Nikkei -0.1% and the Hang Seng climbed 0.55%. Markets had another decent raft of earnings on Wall Street from Friday, further trade tensions and political uncertainty in the UK to contend…

FTSE 100 Flat as Cobham Tanks

Thursday, July 26: The FTSE 100 looked set to end the day flat(+0.06%) as positive earnings results from British American Tabacco, Smith & Nephew and RELX were balanced by disappointments from Schroders, Royal Dutch Shell and Compass; indices on the continent surged higher as a result of a breakthrough with respect to U.S. – E.U…

FTSE 100 & Wizz Air Lose Altitude

Wednesday, July 25: Miners gave back gains seen yesterday as precious-metal miner Fresnillo reported higher Q2 gold and silver production but reduced full year guidance for silver output, leading peers and the FTSE 100 0.66% lower. Overnight trade saw a green session in Asia despite Chinese stimulus uncertainty whilst the S&P 500 closed higher on…

Miners Lift FTSE 100 as Fevertree is Just the Tonic for Investors

Tuesday, July 24: Indices in Europe took a lead from those in Asia and opened in the green, as the FTSE 100(+0.70%) was lifted by rallying banking and natural resource stocks. Banking stocks were given a leg up intraday as swiss-listed UBS announced a Q2 profit beat, which spurred a positive read-across to London-listed banks….