Daily market update

FTSE falls after weak Chinese trade data, Holiday Inn owner IHG sees profit rebound, Beyond Meat sales slump and Glencore hit by normalising commodity markets

“The Chinese economy continues to splutter and that’s bad news for a FTSE 100 chock full of companies which are closely tied to its fortunes,”...

Tue, 08/08/2023 - 09:43

Markets lower amid renewed rates concerns, UK house prices slump for a fourth month in a row and Card Factory lifts guidance

“The FTSE 100 started on the back foot after mixed trading in Asia as investors react to the potential for further rate hikes in the...

Mon, 07/08/2023 - 10:54

Markets stabilise, Amazon impresses, Apple basks in services glory and WPP slumps on profit warning

“Markets have started to stabilise after a chaotic week led by the US debt downgrade and further interest rate hikes in the UK,” says Dan Coatsworth,...

Fri, 04/08/2023 - 10:39

Global markets decline for second day in a row, investors await UK rate decision and rain does not stop play at Next

“Global markets extended yesterday’s declines as investors digested the prospect that US government debt is now considered lower quality following Fitch’s downgrade. The decision by...

Thu, 03/08/2023 - 10:10

US debt downgrade spooks global markets and Taylor Wimpey surprises on the upside

“There is a saying that when the US sneezes, the rest of the world catches a cold. That is certainly true with how the US...

Wed, 02/08/2023 - 10:41

Share buyback news lifts HSBC and BP, Greggs down on lack of upgrades and Domino’s extends rally

“A decent showing from HSBC and BP helped to prop up the FTSE 100 and make it the only major European index to be in...

Tue, 01/08/2023 - 10:25

Markets shrug shoulders at new BT CEO and reports suggest Dr Martens being targeted by activist investor

“The outlook for economic growth is front and centre for markets this week as we get a series of data releases which should have a...

Mon, 31/07/2023 - 10:05

Markets hold firm after another rate rise week, NatWest profit beats expectations, BA parent regains focus, and Rightmove posts best H1 since 2018

“Another week, another round of interest rate hikes. Under the circumstances, markets have held up remarkably well. As the trading week draws to a close,...

Fri, 28/07/2023 - 10:12

FTSE 100 higher, Barclays disappoints, Centrica profit soars, too early to see Barbie film effect on Mattel sales and National Express in reverse after name change

“The FTSE 100 shrugged off a weak showing from index heavyweight Shell to trade higher as the narrative of the rate hiking cycle being close...

Thu, 27/07/2023 - 09:57

First of UK’s big banks reports as sector mulls over departure of NatWest CEO, British drugmaker GSK raises guidance, Heathrow halves losses

“Banks play a crucial role in making the country tick. They are trusted with our hard-earned cash and relied upon to fund a myriad of...

Wed, 26/07/2023 - 10:17

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