FTSE 100 sees best winning streak in two years as trade war fears abate April 22, 2025 The FTSE 100 finished in the green on Tuesday for the seventh consecutive day, notching its best run of gains in two years as investor worries over protracted trade wars began to soften. London’s blue-chip index closed on a 0.64 per cent gain at 8328.60. Distribution firm Bunzl ended trading as one of the top [...]
Pound on best run since 1971 as FTSE 100 claws back gains April 22, 2025 The pound and the FTSE 100 continued their strong runs on Tuesday on the back of US instability. Sterling was on track for its 11th day of gains, which would be its longest streak since January 1971 – when the currency switched to the decimal system. It was up 0.6 per cent to $1.34 against [...]
Rolls-Royce: FTSE 100 giant worth £60bn after shares rebound April 22, 2025 Rolls-Royce is worth £60bn again after shares in the FTSE 100 giant continued their recovery after President Donald Trump’s tariffs shocked global markets. Shares in the Derby-headquartered group have now risen to more than 700p, giving it a market capitalisation of more than £60.5bn. Rolls-Royce’s shares had been trading at more than 800p before Trump’s [...]
FTSE 100 down after US stocks slump April 21, 2025 The FTSE 100 opened seven points down on Tuesday morning, following a major US market slump on Bank Holiday Monday. US stock markets took another hit on Monday, with the S&P 500 closing down 2.38 per cent – at 5,158 – while the Nasdaq fell 2.5 per cent and and Dow Jones slumped 2.48 per [...]
‘Appeasement cannot bring peace’: China warns nations not to bow to Trump trade demands April 21, 2025 China has warned nations not to bow to President Donald Trump in trade negotiations and promised to fire back if deals come at its expense as the country hits back at tariffs imposed by the US. The fresh comments follow reports from the Wall Street Journal that the US would use discussions with key trading [...]
Starmer and Trump discuss ‘ongoing and productive’ trade talks April 18, 2025 Sir Keir Starmer has spoken to Donald Trump in the first call with the US President since he unveiled 10 per cent tariffs on all goods imported to America from the UK. The two leaders discussed the “ongoing and productive discussions” on trade between the two countries, a Downing Street spokesperson said. “The Prime Minister [...]
Weak dollar restricting market rebound, say Barclays analysts April 16, 2025 A weakened dollar may prohibit the full recovery of global markets, analysts have warned, as investors continue to suffer the fallout from the Trump tariff mayhem. The DXY index, which tracks the dollar’s value against a basket of currencies, sank to its lowest in three years during Monday trading. This came after markets plunged following [...]
Dollar movements spark ‘Trussonomics’ fears with worst case scenario ‘no longer unthinkable’ April 16, 2025 The dollar’s worst case scenario is “no longer unthinkable,” economists have warned, as some draw parallels with the crisis in UK financial markets during the Liz Truss premiership. Alongside plummeting stocks and falling bond prices, the US currency has weakened in the wake of Trump’s erratic tariff agenda, with growing concerns that its status as [...]
ASML and Nvidia tumble amid US trade tensions April 16, 2025 ASML and Nvidia both took a hit in the markets, falling sharply due to rising concerns about US-China trade tensions and their potential impact on the semiconductor industry. ASML, a critical player in chip manufacturing equipment, dropped 6.5 per cent, while Nvidia saw a 6.3 per cent after hours on Tuesday. The Dutch chip equipment [...]
Oil engineer Hunting says Trump tariff impact will be ‘immaterial’ April 16, 2025 North Sea engineer Hunting said it expects the impact of US tariffs on the business to be “immaterial” as it reported quarterly trading in line with expectations. The London-listed firm cautioned its forecast was before taking into account “any indirect impact” of commodity pricing on the global economy. Hunting Titan, which builds perforating gun systems, [...]