China’s trade surplus in May was $24.92 billion, and that compared with the consensus estimate of $31.9 billion.Imports jumped by 26%, while economists were expecting an increase of 18.7%. Exports rose by 12.6%, and traders were anticipating a jump...
Stock markets in Europe are mixed as the macroeconomic outlook hasn’t changed much in the past 24 hours.Italian politics has calmed down for now, and so have investors’ nerves. The trade talks between the US and China haven’t progressed...
Britain's top share index is set to end May as the month's best-performing major European index, shrugging off worries over a political crisis in Italy as commodities-related stocks rallied.The UK blue chip FTSE 100 index was up 0.2 percent...
After the steep sell off seen earlier this week in Europe we saw a modest stabilisation for markets in Europe yesterday as investors adopted a “wait and see” approach as to what might happen next with respect to events...
FirstGroup revealed an underwhelming set of full-year figures, and the management shake-up is a sign of the firm’s poor performance.Revenue, excluding South West Rail (SWR) sales, grew by 1% to £6.389 billion – in-line with analysts’ estimates. Pre-tax profits...
It was a bad start to the week for markets in Europe and the US as stocks on both sides of the Atlantic fell sharply over concerns that political instability in Europe might cause financial dislocation to the banking...
European markets had a disappointing session yesterday, slipping back sharply on a combination of fresh uncertainty over trade talks between the US and China, rising concern as to what sort of Italian government we might get, and disappointing economic...
Shares in Marks and Spencer are higher today as the headline profit figure topped analysts’ estimates.Full-year underlying pre-tax profits fell by 5.4% to £580.9 million, while the consensus estimate was for £573 million. The retailer had one-off costs of...
Last week the dollar carried on strengthening against the Euro and GDP which are once again trading back near the lowest level seen this year against the greenback.  This helped push European indices, such as the export-dominated German DAX...
“On Hold” is the term driving the markets today and investors over in Europe are optimistic as trade war tensions have eased off. The US and China trade war is on “On Hold”, both countries have decided that making...
European markets managed to close higher for the eighth week in succession last week despite the Italian market suffering a large weekly fall on the back of concern about the prospect of a new populist coalition government between Five...
United States stock index futures pointed towards a relatively flat open, pointing higher as investors focused on the inflation data due for release before the bell on Wall Street. Meanwhile, the geopolitical tensions with Iran continued after United States...
The FTSE 100 is broadly unchanged as traders await today’s update from the Bank of England (BoE).Volatility is likely to be on the low side in the run up to the announcement at midday. Oil stocks like BP and Royal Dutch...
The FTSE 100 is being helped by oil stocks in the wake of President Trump’s withdrawal from the Iran nuclear deal.BP and Royal Dutch Shell are among the biggest gainers this morning, as they benefit from the underlying oil market. The...
Chinese imports and exports increased by 21.5% and 12.9% respectively, well ahead of consensus estimates of 16% and 8%.The trade figures are usually significant because they give an indications of how mineral-hungry China is, and in turn can have...
European equity markets are in the red this morning in the wake of last night’s Federal Reserve meeting.The US central bank didn’t rule out three more interest rate hikes this year, but at the same time it wasn’t overly...
In the absence of European markets for the May Day bank holiday it was a fairly subdued session, with the FTSE 100 closing modestly higher yesterday, while US markets finished the day mixed, with the Nasdaq closing higher on the back...
The FTSE 100 is largely unchanged and as it is May Day, volatility is likely to be low throughout the day with continental European indices shut due to the holiday.When major indices like the DAX or CAC 40 are closed, those markets that are open...
US stocks markets gapped higher on the open, yet the positivity quickly evaporated, and US stocks moved steadily lower across the session. Not even a flurry of M&A activity was enough to keep Wall Street afloat as investors continued...
A big day for M&A saw markets in Europe close higher on the day at the end of a strongly positive month for European equities yesterday. The gains seen in Europe stand in marked contrast to the performance in...
Major stock indexes in Europe opened higher on Monday after British supermarkets Sainsbury's and Asda confirmed merger rumors. On the data front, German retail sales report was released before the markets opened, while the country's consumer price index is expected later in the...
We have seen thousands of job losses because of the price squeeze Sainsbury is more famous among affluent customerDiscount grocers made the business for the supermarkets even tougher and now these supermarkets have started to respond. J Sainsbury...
A multi-billion pound merger between British supermarket Sainsbury’s and Asda shook up retail stocks on Monday while European benchmarks rose, on track to end the month of April with a gain.The pan-European STOXX index rose 0.1 percent while Germany’s...
Sainsbury’s shares have jumped this morning after the company stated it is planning on merging with Asda, which is owned by Walmart.The proposed deal would be worth £7.3 billion, and Sainsbury’s would pay £2.98 billion in cash, and £4.3 billion in...
Talking Points:ECB is paying attention to the weakness in the economic data. Euro is still feeling the heat. De-escalation in the geopolitics continues. Naysayers were proved wrong and they had it in their face.Investors wanted to have the...
British investment bank Barclays Plc reported on Thursday a loss per share of 4.2 pence in the first fiscal quarter of 2018, compared to earnings per share of 1.3 pence in the same period last year. The company's revenue...
European bourses are pointing to a stronger start on the open following a late rally on Wall Street. The Dow snapped a 5-day losing streak late in the session, as strong earnings finally overshadowed US 10-year yields getting comfortable...
Wall Street tanked on Tuesday and Asian stocks tumbled overnight, whilst the dollar rallied to a four-month high after US 10-year treasury yields hit 3%, the highest level since 2014, spooking investors. The rally in yields was in part...
Lloyds Banking Group has had a good start to this year after the company posted a 6% rise in underlying pre-tax profit of £2 billion for the first quarter, which was slightly below the £2.08 billion analysts were expecting.The...
S&P 500 is the biggest index in the world. It has a combined market value of more than $23 trillion. On the other hand, the Dow Jones Industrial Average has a market capitalization of more than $6 trillion while...

Latest

Popular