|Day's Range||7,546.50 - 7,621.72|
|52 Week Range||6,707.60 - 8,047.10|
HSBC, Halifax and Nationwide are among banks tweaking rates.
Tesla, Carvana and Vodafone all saw swings in their stock price over the last 24 hours.
This weak inflation data raised further questions over a slowing economic recovery in the country, the major growth driver in the region as well as a vital export market for many of Europe’s senior companies. Additionally, the European Central Bank is widely expected to increase interest rates next week, with a quarter-point increase fully priced for Thursday. The only real uncertainty is when the following quarter-point increase will come, i.e.
Residents will no doubt have to pay a price for their authority’s risk taking and subsequent bankruptcy
The British government is pushing for London to become the location for a new global AI regulator, modelled on the International Atomic Energy Agency.
The latest investor updates on stocks that are trending on Thursday.
The eurozone was hit by a combination of soaring inflation and rising interest rates, as household consumption declined, as well as Russia’s war on Ukraine which has pushed energy and food prices higher.
Less crude to the global markets is likely to boost oil prices, which could result in more expensive flight tickets for consumers.
European stock markets edged lower Thursday, with investors searching for direction ahead of the release of eurozone growth data as well as next week’s key central bank meetings. European stocks appear to be something of a holding pattern ahead of the next week’s policy-setting meetings from both the European Central Bank and the U.S. Federal Reserve. The ECB is widely expected to raise interest rates by a further 25 basis points on Thursday week, with President Christine Lagarde saying earlier this week that inflation pressures remain powerful and borrowing costs will be raised further to tackle them.
Tesla shares have gained nearly 30% in the past month as it approaches its next earnings release.
The price of copper continues to extend losses to November lows following weak economic data from China, which is normally the top metals consumer.
Shell has been banned from running “greenwashed” advertisements that overstated the amount of green energy the oil giant produced.
A change in management can have a huge impact on company performance. For investment trusts, a new portfolio manager may implement a very different investing approach and strategy that prompts a material shift in share price.
European stock markets retreated Wednesday, as investors digested worsening economic conditions ahead of next week’s key central bank meetings. Executive Board member Isabel Schnabel stated in an interview with De Tijd newspaper, published Wednesday, that “we have more ground to cover,” and “it will depend on the incoming data by how much more rates will have to increase.” There are a number of ECB officials speaking Wednesday, and investors will be looking to see how popular these hawkish comments are.
Shares in National Grid are ex-dividend as of last Thursday and 37.6p a share in cash will land with shareholders on Aug 9, to add to the healthy share price gain we have on paper following our latest look at the utility last November.
European stock markets drifted lower Tuesday, as investors fretted about slowing global growth and future central bank policy decisions. In corporate news, GSK (LON:GSK) stock rose 0.3% after the pharma giant's cancer drug, Jemperli, received approval from the U.S. Food and Drug Administration for use.
Even as higher costs of borrowing continue to choke dealmaking, fund managers and bankers believe smaller UK-listed firms remain attractive to private equity players flush with unspent funds of nearly a trillion dollars. Central banks have been battling high prices by hiking borrowing costs for more than a year now and market participants expect the Bank of England to lift the benchmark rate to over 5%. While this has put pressure on dealmaking overall, Britain has recently witnessed multiple proposals for takeovers including Network International Holdings, Hyve Group and Medica Group.
(Reuters) -European shares dipped on Monday as investors took profits after last week's rebound, as news of weak U.S. business activity stirred up economic slowdown worries and eclipsed gains in telecom stocks. The pan-European STOXX 600 index ended 0.4% lower after a survey showed the U.S. services sector barely grew in May, while factory orders rose less than expected. "There's a bit of profit taking after some of the moves we've had recently," said Steve Sosnick, chief strategist at Interactive Brokers.
European stock markets edged higher in cautious trade Monday as investors focused on future central bank policies and a deluge of economic data. U.S. President Joe Biden signed on Saturday a bill suspending the debt limit until the start of 2025, removing the possibility of the U.S. defaulting on its debt obligations, a key source of anxiety for financial markets over the past month. With this in mind, attention turns fully back to what the European Central Bank, and the U.S. Federal Reserve, will decide upon in terms of interest rate hikes in the months ahead as growth slows.
Worklessness due to ill health heavily concentrated among those with poor qualification levels.
Move expected to help reduce waits of up to 15 years to connect solar power installations
The latest investor updates on stocks that are trending on Friday.
The U.S. Senate late Thursday passed legislation lifting the Federal government's $31.4 trillion debt ceiling, a day after the House of Representatives did the same.
European stock markets traded higher Friday after the U.S. debt ceiling bill passed through Congress, while the latest French industrial production data impressed. The U.S. Senate late on Thursday passed legislation that suspended the government's $31.4 trillion debt ceiling for two years, a day after the House of Representatives approved the bill. It now heads to the White House to be signed into law by President Joe Biden, just days before a June 5 deadline for a default which would have had severe economic consequences globally, thus ending a key source of anxiety for financial markets over the past month.
One of Britain’s biggest water companies has paid investors a £112m dividend in what has been branded a “slap in the face” for communities hit by sewage dumping.