FTSE 100 today: London markets set for cautious open as U.S. inflation data looms large March 12, 2024 Asian stocks surged, and Oracle's shares soared over 14%. Bitcoin also broke records, surpassing $72,000. Market focus now shifts to forthcoming UK employment data and US inflation figures for key insights into economic trends.
Market insights: Five forces impacting FTSE 100 today March 11, 2024 Asian markets stumbled while China celebrated its exit from deflation with rising consumer prices. Bitcoin briefly soared to $70,000, attracting global attention. Investors are now closely monitoring the UK GDP and U.S. inflation reports, pivotal factors influencing global economic trends.
Etoro could snub London for New York IPO despite UK focus March 10, 2024 UK-focused stock trading platform Etoro is exploring a New York IPO at a valuation of more than $3.5bn (£2.7bn) despite doing most of its business in Europe.
Primarybid ditches UK consumer app to ramp up international expansion March 10, 2024 London-based retail investment platform PrimaryBid is preparing to cut its UK consumer app in order to increase spending on overseas expansion.
US inflation top of the agenda with Fed interest rate cuts ‘not far’ away March 10, 2024 Inflation has fallen sharply across many advanced economies, but central banks have so far been unwilling to cut interest rates when they are not absolutely certain that inflation is under control.
Why the nickel market is suffering on a consumer steer away from EVs March 10, 2024 This glut of nickel has pushed the price down, Shah said, adding that prices will “remain under pressure throughout 2024.”
Will a British ISA really boost the London Stock Exchange? March 9, 2024 Jeremy Hunt confirmed much trailed plans for a British ISA in the budget on Wednesday in a bid to get cash flowing into London’s beleaguered stock market.
‘I would’ve thrown an egg at him’: Jeremy Hunt under fire for his London Stock Exchange push March 8, 2024 The boss of challenger stock exchange Aquis has launched a blistering attack on Jeremy Hunt today, claiming he wanted to throw an egg at the Chancellor for his "anti-competitive" push to turn the London Stock Exchange into the “Nasdaq of Europe”.
Moving markets: Five things shaping the FTSE 100 today March 8, 2024 Asia follows Wall Street's upward trend, with gold eyeing its best week in five months and oil prices climbing. Investors eagerly await the U.S. non-farm payrolls report, which is set to influence market sentiment and decisions ahead.
FTSE 100: What’s moving markets today? March 7, 2024 Asian markets echoed Wall Street's gains, with Bitcoin topping $69,000. Fed Chair Jerome Powell's reaffirmed rate cut stance grabbed attention, while eyes now turn to the ECB's policy decisions.