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The FTSE 100 closed down 0.36% Tuesday, as abysmal Chinese trade data and a possible windfall tax on banks in Italy drove investors firmly into risk-off mode in the afternoon, IG Group says. The. ....
SONIA Illiquidity Could Explain Disconnect in BOE Peak Rate Pricing
1207 GMT - The illiqiud nature of U.K. s Sterling Overnight Index Average (SONIA) contracts could be behind the disconnect between market pricing of the Bank of England s peak rate. ....
The FTSE 100 Index closed Wednesday up 0.5% to 7500 points, amid a positive session for European markets despite a fall in mining and oil-exposed stocks on the back of lower commodity prices, CMC Markets UK chief market analyst Michael Hewson said in a. ....