FTSE 100 today: London markets brace for quiet session ahead of US inflation data, Q1 earnings April 9, 2024 US stocks closed mixed, while Asian markets climbed. Oil prices rose, and most Asian currencies weakened against the dollar. Precious metals surged. Investors are now focusing on upcoming US inflation data and Federal Reserve minutes following a strong March jobs report.
US Fed rate cut hopes fade: Odds of a June cut fall to 50:50 April 9, 2024 Investors hoped for big US Federal Reserve interest rate cuts this year, but now it's unclear if even half of what was expected will happen.
FTSE 100 today: London shares set for quite open; focus shifts to US inflation and Q1 earnings season April 8, 2024 Asian stocks showed mixed results with the Nikkei rebounding and China facing property woes. Major Asian currencies weakened. Gold prices slipped from their record high last week, while bitcoin saw a rise in value. All eyes are now on US inflation data and the start of first quarter earnings season.
London Stock Exchange owner faces potential shareholder revolt over plans to double chief’s pay April 7, 2024 The owner of the London Stock Exchange is facing potential shareholder dissent after a key proxy advisor opposed plans to double its chief's pay amid a debate over how the Square Mile can compete with US-style remuneration deals.
US inflation to attract attention as concerns grow over Fed interest rate cuts April 7, 2024 Markets will be hoping for stronger evidence that US inflation is falling to target when the latest figures are released on Wednesday.
FTSE 100 gives up gains as jitters ripple across the Atlantic April 5, 2024 The FTSE 100 has slumped this morning and given up much of its gains through the week after jitters rippled across the Atlantic from the US overnight.
FTSE 100 today: London stocks brace for muted trading amid risk-averse sentiment; all eyes on US jobs data for guidance April 5, 2024 Wall Street's sharp decline led to a ripple effect, with Asian stocks following suit. Meanwhile, oil prices surged amid escalating Middle East tensions, while gold pulled back. All eyes now turn to the US jobs report and U.K. housing prices for further market direction.
DS Smith suitor pledges London Stock Exchange listing and headquarters in the City April 4, 2024 The US paper firm vying to snap up box-maker DS Smith has said it will look for a secondary listing in London and retain a base in the City if it is successful in buying the firm.
UK investors pour record amounts into US equity funds as they continue to flee the London Stock Exchange April 4, 2024 UK investors have pumped record amounts of cash into US equity funds this year while pulling cash from the domestic market, in another troubling sign for the health of the London Stock Exchange, new data has revealed.
One regulatory tweak in the US is about shake up global trading April 4, 2024 A US shift to shorter trading settlement cycles might sound technical – but it’s about to shake-up global markets. Some say the consequences in the UK and beyond could be profound. As a group of self-described trading “anoraks” chatted on a videocast late last week, the sense of annoyance from some was palpable. “The arrogance [...]