London house prices are falling – these are the boroughs where prices are down the most September 19, 2023 London’s housing market is gearing up for “key selling season” with a reduction in prices, before an uptick in activity is anticipated during the autumn months. Fresh data in Rightmove’s House Price Index shows there has been an overall monthly seller asking price rise by 0.4 per cent this month, which is 0.2 percent lower [...]
Eurozone inflation revised slightly down – but it’s still twice the ECB’s target September 19, 2023 Eurozone consumer inflation in August was slightly lower than initially estimated, the European Union’s statistics office Eurostat said on Tuesday, but still remained more than twice the European Central Bank’s target. Eurostat said inflation in the 20 countries sharing the euro was 0.5 per cent month-on-month in August and 5.2 per cent year-on-year, lower than [...]
FTSE 100 close: Strong results from Hargreaves Lansdown and Ocado tip index into green September 19, 2023 Strong performances from Hargreaves Lansdown and Ocado helped tip the FTSE 100 into the green despite concerns around inflation.
Oil prices continue rally amid OPEC cuts with $100 per barrel in sight September 18, 2023 Oil markets have consolidated last week's hefty gains, with growing expectations of a widening supply deficit this year.
FTSE 100 close: London markets fall as central banks take centre stage again September 18, 2023 Markets were in a watchful mood as traders anticipated decisions from the US Federal Reserve, Bank of England and Bank of Japan later this week.
Plans for City’s future delayed until next year as investors warn of ‘report fatigue’ September 18, 2023 A major report looking to draw up a "new market model” for the City has been delayed until next year as fears grow of “report fatigue” setting in across London, City A.M. can reveal.
FTSE 100 live: London rallies as Arm soars on US debut and Warhammer maker’s share price rises September 15, 2023 London’s FTSE 100 enjoyed a strong end to the week, as the global stocks rally continued with a stable showing from Wall Street and an improvement in China. The capital’s premier bluechip index ended the day well at over 7,30 points, more than 0.6 per cent up, having reached a high of 0.89 per cent [...]
Wall Street climbs and Dow rises more than 300 points as stocks worldwide rally September 15, 2023 Wall Street rose on Thursday after a blizzard of reports suggested the US economy is still humming, though inflation may be too. The S&P 500 climbed 0.8 per cent for its best day in two weeks. The Dow Jones Industrial Average rallied 331 points, or 1 per cent , and the Nasdaq composite added 0.8 [...]
Can British chipmaker Arm lift the shutters on the global IPO market? September 14, 2023 Investors are hoping Arm's float may signal the start of a revival for the global IPO market (pictured: Masayoshi Son, chief of Arm owner Softbank)
FTSE 100 close: London markets surge after ECB’s ‘dovish’ 25bps hike September 14, 2023 The ECB is set to announce its latest interest rate decision at 1.15pm London time, and economists are divided about what the result will be.