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Emerging markets

  • China’s April activity growth slows, raising doubts on economic recovery

    April 30, 2024

    China experienced a slowdown in growth in both its manufacturing and services activities in April, indicating a sluggish start to the second quarter for the world's No. 2 economy.

  • FTSE 100 today: London markets set to extend rally; US Fed decision, Apple, Amazon earnings in spotlight

    April 29, 2024

    Asian shares rose alongside their US counterparts, with Hong Kong equities extending a rally for the sixth straight day. The Japanese yen plunged below ¥160, but authorities did not intervene due to the holiday, while oil and gold prices dropped. The focus remained on upcoming earnings reports from tech giants Apple and Amazon, along with the Fed meeting and jobs data.

  • FTSE 100 today: London markets set to open higher on the heels of strong US tech earnings

    April 26, 2024

    Asian stocks rallied alongside a strong tech sector fuelled by impressive US earnings. Bank of Japan maintained its short-term interest rate target at 0-0.1 per cent. Oil prices climbed, while Microsoft and Alphabet shares surged post-earnings beats. Investors await US inflation data and focus on ExxonMobil and NatWest earnings.

  • FTSE 100 today: BHP pounces on Anglo American while Meta drags tech lower

    April 25, 2024

    US stocks saw a slight rise amid volatility. Asian stocks declined as Meta reignited tech sell-off, and the Japanese yen dropped below ¥155. Meta's stock fell 15 per cent, contributing to market turbulence. Despite this, oil and gold prices held steady. Investors now await US Q1 GDP data and earnings updates from Alphabet, Microsoft, Intel and Barclays.

  • FTSE 100 today: London markets set to shine green, riding global upward momentum

    April 24, 2024

    Asian markets followed Wall Street's upward trend, with oil and gold prices trading nearly flat as tensions in the Middle East eased. Tesla's stock soared 13 per cent after plans to fast-track a 'more affordable' model release. Attention now shifts to the upcoming earnings reports from Meta, Boeing, IBM, and Intel.

  • FTSE 100 today: London markets set to reach fresh highs on increased speculation of BOE rate cuts

    April 23, 2024

    Asian markets mirrored Wall Street's positive momentum, while oil prices rebounded and gold hovered near a one-week low. Bitcoin remained steady despite so-called halving. Investors eagerly awaited Global PMI data and Tesla's earnings report for market direction.

  • FTSE 100 today: London markets poised for green start as Israel-Iran tensions ease; focus turns to ‘Magnificent Seven’ earnings

    April 22, 2024

    Global markets saw a significant turnaround, with Asian stocks rebounding strongly while oil and gold prices dipped. Bitcoin, on the other hand, surged by 3 per cent. Investors are eagerly awaiting earnings reports from the "Magnificent Seven" companies and aviation giants Boeing and Airbus, making this a pivotal week.

  • FTSE 100 today: London markets poised for red start as Middle East tensions escalate; investors await more details on the crisis

    April 19, 2024

    Middle East tensions rattled markets in the Asian session following ABC News reports of Israeli missile strikes in Iran. Oil and gold prices surged while bitcoin dropped below $60,000. However, an Iranian official denies the missile attack reports, adding to the uncertainty. Market focus now shifts to UK retail sales data and speeches by Bank of England officials Ramsden and Breeden.

  • Netflix shares sink as company announces halt in reporting subscriber tally, weak outlook

    April 19, 2024

    Shares of Netflix took a sharp tumble of about 5 per cent as the market closed, spurred by the streaming video pionaeer's decision to cease disclosing subscriber numbers and prioritise viewer engagement metrics.

  • FTSE 100 today: London shares poised for quiet start amid lingering concerns over US rates, Middle East tensions

    April 18, 2024

    The US stock market was volatile, with Wall Street notching its first four-day losing streak since the start of the year. Asia stocks were mixed, while oil and gold prices surged due to Middle East tensions. Australia's March employment data disappointed, with all eyes now on Netflix earnings for further insight.

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