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UK Markets Unruffled After Controversial Minister Suella Braverman Sacked
Monday, November 13, 2023 - 9:28am | 570Suella Braverman was sacked as UK home secretary on Monday as Prime Minister Rishi Sunak launched a major reshuffle of his top team. Markets have, in the past, reacted strongly to UK cabinet reshuffles – most notably during the premiership of Liz Truss last year. On Monday, however, traders...
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FTSE 100 Leading The S&P 500 For The Next Bull Run?
Thursday, January 12, 2023 - 1:47pm | 621A strong start to 2023 for The FTSE 100 which is trading at levels last seen in 2018. What does this mean for UK stocks? Regardless of what you think/want/need/wish to happen (remember, the market does not care), the UK stock market is showing a strong sign of recovery, and it may take the US...
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AstraZeneca, Unilever Tumble As FTSE 100 Struggles With Rising Energy Prices
Tuesday, October 19, 2021 - 5:46am | 468Shares of COVID-19 vaccine maker AstraZeneca PLC (NASDAQ: AZN) along with other multinational British companies such as Unilever PLC (NYSE: UL), Diageo PLC (NYSE: DEO), HSBC Holdings PLC (NYSE: HSBC), and Royal Dutch Shell PLC (NYSE: RDS-A), all experienced a drop in their stock prices on...
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Global Markets Start Week On Positive Note, Ethereum Rally In Focus
Monday, January 25, 2021 - 5:38am | 802Major indices worldwide rose on Monday with President Biden’s proposed $1.9 trillion stimulus package in focus. Lawmakers from both parties are lobbying for a targeted relief bill. Futures: The Dow futures are up by 0.13%, and the S&P 500 futures are trading higher by 0.31% on...
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Global Markets Rally Pauses On Profit Taking, Bitcoin Stays Above $31K
Friday, January 22, 2021 - 5:17am | 705Major indices worldwide traded in red on Friday as investors paused to book profits after the up rally ran out of steam. Futures: The Dow futures are down by 0.70%, and the S&P 500 futures are trading lower by 0.60% on the last check Friday. WTI crude futures are down by 1.58% to $52...
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Global Markets Rally As Biden Takes Office, Dollar Softens, Bitcoin Falls To $33.2K
Thursday, January 21, 2021 - 5:07am | 826Major indices worldwide traded higher on Thursday as President Joe Biden taking office on Wednesday restored investor optimism of a more significant stimulus. Futures: The Dow futures are up by 0.15%, and the S&P 500 futures are trading higher by 0.24% on the last check Thursday. WTI crude...
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Global Markets Rejoice Janet Yellen's Call For Stimulus, Dollar Weakens, Bitcoin Back At $35K
Wednesday, January 20, 2021 - 5:37am | 853Major indices worldwide traded higher on Wednesday following the next U.S. Treasury secretary nominee Janet Yellen’s comments calling for a bigger stimulus package on Tuesday. Futures: The Dow futures are up by 0.11%, and the S&P 500 futures are trading higher by 1.06% on...
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Global Markets Slip, Bitcoin Trades Near $38K, With Biden's Stimulus Plan In Focus
Friday, January 15, 2021 - 6:11am | 894Major indices worldwide traded lower on Friday, following Wall Street's Thursday decline on jobless claims jumping unexpectedly. President-elect Biden unveiled his ambitious $1.9 trillion Covid-relief stimulus plan Thursday evening. The outgoing Trump administration continued to...
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Global Markets Positive Ahead Of Fed's Powell Speech, Bitcoin Soars 10%
Thursday, January 14, 2021 - 5:22am | 802Major indices worldwide traded in the green on Thursday ahead of Fed Chair Jerome Powell's monetary policy outlook speech in a virtual event at 17:30. The Trump administration issued a clarification order Wednesday noting that investors have until November 2021 to sell securities in...
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Global Markets Face Downward Pressure, Bitcoin Shows Resistance Near $35K
Wednesday, January 13, 2021 - 5:33am | 582Major indices worldwide remained subdued on Wednesday with a downward bias. Investors remained cautious with the Trump impeachment vote in focus. The Dow futures are up by 0.08%, and the S&P 500 futures are trading higher by 0.10% on the last check Wednesday. WTI crude futures are up...
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Global Markets Remain Mixed Amid China's Rally, Bitcoin Recovers
Tuesday, January 12, 2021 - 5:49am | 792Major indices worldwide were tepid on Tuesday, except for China. Traders were cautious following Wall Street’s decline on Monday, as GOP lawmakers are considering outgoing President Donald Trump’s impeachment. The Dow futures are up by 0.24%, and the S&P 500 futures are trading...
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Global Markets Slip On Virus Concerns, Dollar Strengthens, Bitcoin Tumbles
Monday, January 11, 2021 - 5:42am | 680Major indices worldwide are down on Monday as investors book profits after a strong week. Rising COVID-19 infections in Europe and mainland China also weighed on market sentiment. U.S. House Speaker Nancy Pelosi said House would vote to impeach outgoing-President Donald Trump. The Dow futures are...
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Global Markets Mimic Wall Street Rally, Bitcoin Takes A Pause
Friday, January 8, 2021 - 5:33am | 815Major indices worldwide are up on Friday, taking cues from Wall Street's Thursday rally. The markets cheered as U.S. Congress certified a Democrat victory, and Trump has acknowledged his loss and looks to transition to the Biden administration. The Dow futures are up by 0.39%, and the...
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Global Markets Cheer Democrat Senate Control, Bitcoin Crosses $37K
Thursday, January 7, 2021 - 5:33am | 634Major indices worldwide are higher on Thursday, along with the U.S. futures as investors cheer Democrat control of the Senate, potentially seen as ending gridlock in Washington. The Dow futures are up by 0.59%, and the S&P 500 futures are trading higher by 0.65% on the last check Thursday...
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Global Markets Slip As Democrats Lead Georgina Senate Runoff
Wednesday, January 6, 2021 - 5:39am | 655Major indices worldwide have slipped in tandem with U.S. futures as the Georgia Senate race gets too close to call. Democrat Raphael Warnock defeated Republican Sen. Kelly Loeffler in a close contest. The runoff between Republican David Perdue and Democrat Jon Ossoff is also close, and...