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London Capital Group

London Capital Group
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We are a global business, based in London with almost two decades of experience in online trading. We are authorised and regulated by the Financial Conduct Authority (FCA) and listed on the London Stock Exchange (LSE).
Stock Exchange - FTSE 100 Index
Lack of appetite in mining and energy stocks combined to stronger pound weighed on the FTSE stocks (-0.89%) at the weekly open in London. The FTSE 100 broke the 50-day moving average (7275p) on the downside. The acceleration in the sell-off could encourage a deeper correction to 7225p (minor...
Stock Exchange - FTSE 100 Index
The FTSE 100 stocks stand strong against the pound appreciation. The FTSE index held the ground above the 7300p level on Thursday’s session and opened mixed on Friday. Improved global risk appetite could encourage a recovery toward 7360p, the 200-day moving average, before the weekly closing bell. Support is...
Great British Pound
The UK’s retail sales, excluding autos, grew 1.3% month-on-month, printing a yearly expansion of 4.1% versus 3.2% expected by analysts. The solid data underpinned the GBP-bulls. The pair hit 1.2520 as a reaction to the data and gathers momentum for a further rise toward 1.2565 (minor 76.4% retracement on...
BGC Brokers London Stocks
The sharp appreciation in the pound is taking its toll on the UK stock markets. The FTSE started the day downbeat, as financials (-0.99%) led losses after the US banks took a severe hit at New York session. Energy (-0.38%) and mining stocks (-0.39%) traded softer on further oil and...
Great British Pound
The European equity markets started the week on a heavy risk-off sentiment after the G20 communiqué explicitly reflected the US intentions to establish trade protectionist measures. The FTSE 100 opened downbeat as Cable traded above the 100-day moving average. Mining and energy stocks lead losses on softer oil and commodity...
British Pound vs US Dollar
The pound strengthened after the Bank of England (BoE) revealed a surprise hawkish shift at yesterday’s monetary policy meeting. The MPC voted 8 to 1 to keep the bank rate unchanged at the historical low of 0.25%. This was quite a surprising move from Kristen Forbes, who voted in favour...
London Stock Exchange
Quite a cheerful open in the European markets as the populist PVV was defeated by its major rival in Dutch general election on March 15th. Dutch election results revived hope that the populist movement may have not spilled over the core European Union members. It especially revived faith that Marine...
Janet Yellen
Cable sold off on the back of softer earnings report. The average earnings in Britain grew by 2.2% in three months to January, versus 2.4% expected and down from 2.6% printed a month earlier. The slowdown in wages growth is a sign of stabilization in the labour market according to Bank...
Theresa May
The UK’s Parliament gave Theresa May the permission to trigger the Brexit. The Brexit Bill is expected to receive the Royal Assent today, which means that in theory, May could trigger talks as soon as today. Nevertheless, she is expected to wait until the end of this month to...
Brexit Fears
The Federal Reserve (Fed), the Bank of Japan (BoJ), the Bank of England (BoE) and the Central Bank of Turkey (CBT) will announce their latest policy verdicts throughout this week. Expectations vary. Fed to hike rates, deliver hawkish statement The Federal Reserve (Fed) monetary policy meeting is the main highlight of...
Euro Dollar
As expected, the UK’s industrial and manufacturing production contracted in January. Cable remains offered pre-1.2200. The negative trend is picking up momentum for a potential pullback toward the 1.20 level. The FTSE is better bid on the back of softer sterling. Despite the barrel of WTI consolidating below the $50 level,...
European Central Bank
The European Central Bank (ECB) is expected to maintain the status quo at today’s monetary policy meeting. The bank has already announced to reduce its monthly asset purchases from 80 billion to 60 billion euros starting from next month. The ECB will continue buying assets at least until the...
Theresa May
The GBPUSD plunged to 1.2169 on Tuesday, amid UK PM Theresa May’s second defeat on Brexit before the House of Lords. Investors will keep an eye on the pound as Chancellor Hammond will reveal the UK’s budget at 12:30 London time. Hammond is expected to announce higher social spending, combined...
Great British Pound
The UK has a busy agenda on Tuesday and Wednesday. Today, UK PM Theresa May has yet another tough day before the House of Lords. The UK’s lawmakers are expected to amend her Brexit draft to guarantee their right to reject the final Brexit proposal if it is not satisfactory...
DAX Board
The FTSE 100 opened the week on a negative note; mining and energy stocks started the day on the back foot. Investors lack appetite despite the softer pound. Cable made a bearish start as well. Trend and momentum indicators remain comfortably negative, as sellers are touted at the 1.2300/1.2343 (psychological...
Janet Yellen
Cable extended losses to 1.2245. The UK’s services PMI came in slighlty softer than estimates. The disappointment accelerated the sell-off as the pair had already taken off 1.2260 support, the major 61.8% retracement on January 14 to February 1st recovery. Further depreciation to 1.2153 (minor 76.4% retracement) is on...
Euro Dollar
EUR/USD is flirting with 1.05, a price floor that has been holding since the start of the year. In the last gasps of 2016, the euro fell beneath 1.04 to the US dollar to reach its lowest since 2003. If 1.05 gives way, there’s a strong chance of a breakdown...
Snap Chat
The US dollar firmed against its G10 counterparts on the back of the rising hawkish Federal Reserve (Fed) pricing into the FOMC’s March meeting. As a cherry on top, Fed Governor Brainard, who is known as one of the FOMC’s most dovish members, has given her endorsement to an interest...
US Dollar
Donald Trump’s first congressional address didn’t trigger a storm as feared, yet failed to satiate investors due to a serious lack of details. As expected, Donald Trump announced significant rise in defense budget and the reinforcement of immigration laws. He reiterated his focus on jobs creation and cited that many...
Snap Chat
Snap’s IPO is a big deal Snap could easily be the hottest new listing this year. Snap, the owner of the Snapchat messaging app is the first major social media IPO since Twitter and the largest tech debut since Chinese e-commerce giant Alibaba floated in 2014. The desire to invest in...
Wall Street
The FTSE 100 opened upbeat on softer pound and higher demand in energy stocks (+0.47%) in the continuation of a positive session for oil companies in Asia. The WTI deals with solid offers pre-$55. A positive breakout would cheer up the latent buyers and pave the way for a positive...
British Pound
Speculations that Scotland could call for another independence vote hammered the mood in the pound market at the start of the week. The pound tanked to 1.2392 against the US dollar at the early hours of Asian session, after the Times of London reported that Scotland could ask for...
US Stocks
The risk-off trading pulled the Asian stocks lower on Friday, although the major Asian stock indices are set for a positive weekly close for the fifth straight week. MSCI Asia Pacific index advanced to the highest levels since June 2015. The European markets opened lower on Friday, on the back...
FTSE 100 Stocks
The FTSE slipped below the 7300p level at the open. Mining stocks (-0.50%) lead gains as copper and iron ore traded 0.93% and 1.87% lower respectively. Financials (+0.16%) were slightly better bid. ------- Barclays traded 2% higher at the open, although its 4Q profit missed analyst estimates. The bank’s fixed-income...
Stock Exchange - FTSE 100 Index
FTSE traded higher at the open, as UK’s big bank stocks boosted earlier gains on the back of encouraging results by Lloyds. Energy stocks (+0.25%) reinforced the FTSE 100 gains, as the barrel of WTI traded at $54.60. Lloyds (+4.09%) printed a better-than-expected income in Q4, although the statutory pre-tax...
London Stock Exchange
HSBC shares gapped 5% lower at the London open, after losing up to 4.3% in Hong Kong following the announcement of disappointing fourth quarter results. The fourth quarter profit missed estimates, as the bank printed $2.62 billion adjusted pre-tax profit versus $3.78 billion estimated by analysts. On unadjusted basis,...
Stocks Trader
Home prices in London recorded the sharpest drop in nearly six years according to the latest Rightmove release. Meanwhile, the rise in countrywide house prices dropped to 2.3% year-on-year in February, from 3.2% printed a month earlier. Eventual exodus from London due to the Brexit combined to tighter lending conditions...
London, UK
UK stocks came off their mid-February highs on firmer pound. The FTSE 100 stocks traded mostly flat before the UK retail sales data hit the headlines. The weaker pound posterior to data gave a temporary boost to the FTSE, yet the daily trend remains negative. The UK’s retail sales including...
Wall Street Stocks
Energy and mining stocks pressured the FTSE 100 lower at the London open. Stronger pound further dented the appetite. The pound tested the 1.25 mark on the upside against the US dollar. Cable rangebound between 1.2410 and 1.2575 The Bank of England (BoE) expectations are somewhat baffled by the recent inflation...
British Pound
The UK’s consumer price inflation rose 1.8% on year to January, slightly shy of 1,9% expected, on the back of rising gas and energy prices and the soft British pound. As a kneejerk reaction, the pound tanked to 1.2477 against the US dollar. The rising inflationary pressures in the UK are...

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