IG Group: August’s market meltdown boosts revenue September 12, 2024 IG Group has reported a jump in quarterly revenue after a worldwide meltdown in financial markets last month gave its clients more opportunities to trade.
Aquis: Challenger London stock market reports ‘meaningful progress’ September 12, 2024 Aquis Exchange has reported increased revenue across the majority of its divisions in the first half of 2024 as the fledgling London bourse battles a "challenging market backdrop".
Fed’s rate cut in the balance ahead of US inflation figures September 8, 2024 The figures come out a crucial time with the Fed preparing to cut interest rates for the first time since the pandemic.
Pound’s rally fades ahead of crucial US jobs data September 3, 2024 The pound’s stunning rally has stalled as traders look for direction amid a quiet week in the data calendar for the UK. Sterling was trading 0.2 per cent lower against the dollar at around $1.311 having lost over one per cent against the greenback in the past five days. The dollar has been trading around [...]
Pound sterling reaches two-year high against the dollar as interest rate bets diverge August 27, 2024 The pound was trading just under 0.2 per cent higher against the dollar at $1.322 having traded just below $1.3250 earlier in the day.
Inflation back in focus ahead of key US and eurozone releases August 26, 2024 The continuing battle against inflation will be the main focus for markets this week as new data will shed light on the state of price rises in both the US and the eurozone.
Pound edges above $1.30 as Fed expected to cut rates in September August 20, 2024 The pound has not traded above $1.30 on a sustained basis since mid-2022.
Panic over? London’s FTSE 100 surges after overnight rally in Asia August 7, 2024 The global market rally picked up the pace on Wednesday with European equities surging after Japanese stocks recorded strong overnight gains. The FTSE 100 was up 1.8 per cent at 8,166.88 while the midcap FTSE 250 gained 1.0 per cent to trade at 20,576.03. The CAC in Paris gained 2.0 per cent while the DAX [...]
FTSE 100: London markets edge higher after Monday’s massive sell-off August 6, 2024 Both indexes recorded big falls yesterday, dropping around 2.0 per cent and 2.8 per cent respectively.
‘A turbocharged turnaround’: Asian stocks rebound after Monday’s global market rout August 6, 2024 "it's a turbocharged turnaround Tuesday in Asia," Deutsche Bank's Jim Reid said.