FTSE 100 tumbles to year low and gives up 2023 gains after hitting record high just months ago July 6, 2023 London’s FTSE 100 tumbled to its lowest closing level this year today as the index was captured by a global stock market sell off ignited by traders fretting over further interest rate rises. The capital’s premier index cratered 2.24 per cent, its biggest one day fall since March, to close at 7,275.60 points, while the [...]
Bitcoin price stabilises as BlackRock CEO labels crypto as ‘revolutionary’ July 6, 2023 Bitcoin remains steady around $30,130 this morning, largely flat in the last 24 hours, while Ethereum's Ether was tracking a similar line.
Dame Jayne-Anne Gadhia: Menopause, Richard Branson and carving out a path for women’s success in the City July 6, 2023 Dame Jayne-Anne Gadhia speaks with City A.M. on Richard Branson, the menopause and carving out a path for women's success in the City
Bitcoin and Ether tick over as crypto markets await interest news with bated breath July 5, 2023 Bitcoin and Ethereum have dipped into the red this morning as investors wait for the minutes of the Federal Reserve’s June meeting.
Crypto markets treading water in anticipation of Fed interest rate reports July 4, 2023 Bitcoin and Ethereum are inching upwards as the Fed weighs its next move with interest rate hikes.
Gold prices robust as more Fed interest rate hikes loom July 4, 2023 Gold prices are showing signs of resilience in this week's trading, following a two week decline that saw $30 knocked off its value.
Top U.S. banks raise dividends after sailing through Fed stress tests July 1, 2023 U.S. banks including JPMorgan Chase, Wells Fargo, Goldman Sachs and Morgan Stanley hiked their third-quarter dividends on Friday after sailing through the Federal Reserve's annual health check
Oil markets suffer four quarters of losses as concerns grow over China slowdown June 30, 2023 Oil markets are on the verge of a year-long slide in prices with a fourth consecutive quarter of losses.
FTSE 100 close: Interest rate jitters drag down Persimmon and Taylor Wimpey June 29, 2023 London’s FTSE 100 slipped today as investors fretted over central banks keeping interest rates higher for longer. The capital’s premier index dropped 0.38 per cent to 7,471.68 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, fell 0.77 per cent to 18,270.73 points. Losses in [...]
Big US banks pass Fed stress tests months after SVB collapse in sign they’d ‘weather a severe recession’ June 29, 2023 The largest banks in the US sailed through the Federal Reserve’s annual stress tests, suggesting they would survive a sharp economic downturn. The Fed said the results demonstrate that large banks are “well positioned to weather a severe recession and continue to lend to households and businesses even during a severe recession.” Despite projected losses [...]