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).
Europe looks to a mixed start as Asia moves lower The overnight session in Asia was a relatively quiet affair given that US markets were closed for Presidents Day and that markets in mainland China, Taiwan and Vietnam remained closed for the Lunar New...
US equity indices closed the overnight  higher after reversing opening losses. Wall Street added a fourth day to the winning streak, even as bond yields rose following stronger than forecast inflation data, but weaker retail sales. The Dow closed 250 points higher, after dipping...
US equity indices manged to post a third straight day of gains overnight, a first for 2018. The Dow closed 0.1% higher, the S&P gained 0.2% and the Nasdaq pushed 0.4% higher. Wall Street was seen clinging to a winning streak as volatility eased,...
US stocks posted strong gains overnight, booking the first two day winning streak in February. US equity indices rebounded from a historically poor past week, which saw the Dow Jones, the S&P and the Nasdaq all shed over 5% in their worst weekly performance in...
After record losses were posted on Wall Street on Monday, US equity indices manged to finish the session higher overnight. The Dow Jones turned an initial 500 plus point loss into a 567-point gain, clawing back around half of the 1,100 points wiped out...
European stocks are headed sharply lower start thanks to the weak lead given to them by Wall Street. The FTSE 100 is set to open just above its December lows. The next day after an unusually big sell-off is always a big test of...
Enthusiasm for US stocks was short lived overnight as concerns over inflation returned to haunt investors. The S&P500 and Nasdaq failed to cling onto early gains, closing down 0.1% and 0.4% respectively, despite solid revenue growth from Facebook, whose share price hit an all-time...
US markets rebounded on Wednesday boosted by better than expected earnings, recovering from a heavy two day sell off at the beginning of the week. The Dow closed 72 points higher, whilst the S&P and Nasdaq both increased 0.1%. A fitting way to end...
Asian shares were broadly lower overnight, as softer Chinese iron ore prices weighed on the miners.  Chinese iron ore futures were 2% lower, as stockpiles at Chinese ports jumped to their highest level in over 13 years. US stock markets were closed for Martin...
Stocks in Europe look set for a mostly weaker open on Tuesday following a more muted session on Wall Street.The FTSE 100 looks set for a positive open as UK markets look past PM Theresa May’s botched cabinet reshuffle. Bullish moves in commodities are...
After an ideal opening week for equities in 2018, traders will be testing the waters early on Monday for signs of a reality-check. US fourth quarter earnings, inflation data as well as the durability of the commodity rally are all top of the Watchlist...
Positivity has been the word for the markets in the penultimate trading week of the year, as voting on the US tax reform bill is imminent. The Street of Dreams saw the 3 major US equity indices hit fresh all-time highs once again on...
US markets showed signs of life once again on Thursday, moving higher and recovering after a couple of down sessions. The tech heavy Nasdaq led the charge northwards, with the likes of Facebook, Google parent Alphabet and Apple gaining between 1.4% - 2.4% each.FAANG’s...
IndicesEuropean markets have opened lower after another late sell-off on Wall St The Nasdaq 100 gave up 1% gains to end lower Japan’s Nikkei stock average closed down 2% for its biggest loss of 2017SharesHammerson has agreed to a £3.4bn offer for...
One of the biggest drivers of the Australian dollar is the iron ore prices. Western Australia is the world’s largest iron ore producer. As a result, the Australian economy is expected to perform better with stronger iron ore prices. Iron ore futures declined by...
The risk sentiment is mixed with the flow of news across the globe. German coalition talks failed, UK could offer to pay a higher divorce bill before the end of the year. There is no progress in US tax reforms. US treasuries gained, yields...
Cable is edging higher for the fourth consecutive session. It has been a data-full week for pound traders. The inflation steadied at 3.0% year-on-year in October, wages growth stabilized at 2.2% versus a deterioration predicted by analysts. Retail sales came in better-than-expected as well....
The US stocks gained in New York, the Nikkei 225 ended its record sixteen-day winning strike in Tokyo. The USDJPY didn’t get the chance to test Monday’s post-election high of 114.10 yet. The US dollar gained, the US treasury yields edged higher. Gold fell as the...
The EURUSD cleared support at the 100-day moving average (1.1750). The decline in the euro yields weighed on the sentiment on Monday, as the generic 10-year euro yield slid by 4.43%. European yields rebounded by 3.70% shortly after the opening bell on Tuesday.The Eurozone’s October flash...
Japanese PM Shinzo Abe won his bet on October 22 snap election. The yen was the leading loser against the US dollar in Tokyo. The USDJPY hit 114.10, Nikkei (+1.11%) and Topix (+0.94%) gained as PM Abe managed to obtain a two-thirds majority on Sunday.Abenomics...
The pound has gone wild on Thursday. The GBPUSD tanked to 1.3120 as the European Union’s Chief Negotiator for Brexit Michel Barnier said the EU will start ‘internal preparatory discussions’ amid the ‘Brexit impasse’ on the divorce bill. Shortly after, the pair rebounded to 1.3290...
Nikkei (+0.35%) and Topix (+0.20%) consolidated gains in Tokyo, as Korea’s Kospi index closed on record high for the second consecutive day.European markets opened flat. FTSE 100 traded lower in London, as many stocks traded ex-dividend including HSBC and Tesco.The DAX and the CAC...
European traders took over a strong market from Asia. Japan’s Nikkei 225 traded at the highest level since 1996, as Korea’s Kospi closed at a record high.The IBEX 35 (+1.15%) opened upbeat after Catalans took a step back from their unilateral independence rhetoric and...
The pound extended gains on the back of a stronger-than-expected industrial and manufacturing production data. Industrial production rose by 1.6% on year to August, as the manufacturing production surged by 2.8% over the same period, versus 1.9% expected by analysts. Strong read underpinned the...
The pound (+0.42%) gained against the US dollar in London despite the decent political pressure. According to latest news, PM Theresa May could reshuffle her cabinet and exclude Foreign Secretary Boris Johnson. May’s disastrous speech at the Tory party conference last week has successfully...
Stocks in Europe slipped in early trading on Friday with traders sitting on their hands ahead of the release of key US employment stats. Cracks are appearing in Catalonia’s move to independence, but until the notion of independence is dispelled, contagion risk remains. The DAX index...
Shares in Europe opened mostly lower on Thursday, with the exception of Spain’s IBEX which edged higher. Blue chip British stocks gained ground thanks to the foreign-earnings benefit of a weaker pound.A bounce in SpainThe collapse of the IBEX through the 10k level for its...
Catalonia resolve sees Spanish stocks diveStocks in Europe were mixed in early trading on Wednesday. Spanish politics is acting as a drag on the positive read-across from the record highs on Wall Street but. The resolve of regional officials in Catalonia to announce independence from...
The EURUSD benefits from some profit taking after a week of losses due to a surprise German election outcome. The pair traded at 1.1801 into the European open.Yet, the euro-bias remains on the downside as the Catalan referendum is an event risk that many...
The risk sentiment has not fully recovered following the latest North Korean crisis and the Kurdish referendum. However, investors move away from the safe-haven holdings. Money doesn’t flow into riskier assets either; the US dollar is where investors are positioned at the moment.No appetite...