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FTSE 100 Closes Up After Weak UK PMI Boosts Housing Stocks

The FTSE 100 closed 0.68% higher on Wednesday at 7,320.53 points as weak provisional U.K. purchasing managers' data suggested interest rates are having the desired effect. The sharp slide in U.K....

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Glencore's Results Could Lead to Consensus Cuts

Glencore's Results Could Lead to Consensus Cuts

0731 GMT - Glencore reported a weaker set of results for the first half of the year with core earnings falling short of expectations, analysts at...

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FTSE 100 Edges Lower as Miners Fall After Weak China Trade Data, Glencore Earnings

FTSE 100 Edges Lower as Miners Fall After Weak China Trade Data, Glencore Earnings

0905 GMT - The FTSE 100 falls 0.2% to 7538 points after weak Chinese trade data gave evidence of a stuttering...

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Sterling Likely to Fall in Longer Run as Markets Overestimate Rate Prospects

Sterling Likely to Fall in Longer Run as Markets Overestimate Rate Prospects

1115 GMT - Sterling has had a decent start to the week but is likely to fall in the longer run as markets are...

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FTSE 100 Closes Down as Investors Driven into Risk-Off Mood

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...

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FTSE 100 Closes Down 1.4% on US Credit Rating Downgrade; BAE Outperforms

The FTSE 100 closed down 1.4% to 7561 points, in line with global peers and mainly dragged by commodity-exposed stocks after ratings agency Fitch downgraded the U.S. credit rating to AA+ from AAA,...

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FTSE 100 Index Down 0.4% at Close, Dragged by Miners, Oil Stocks

The FTSE 100 Index closed Tuesday down 0.4% to 7666 points, in line with global peers dragged by resources stocks after a disappointing set of Chinese Purchasing Managers Index data weighted on...

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FTSE 100 Index Down 0.4% at Close, Dragged by Miners, Oil Stocks

FTSE 100 Index Down 0.4% at Close, Dragged by Miners, Oil Stocks
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UK Recession Would Bring Down Gilt Yields

UK Recession Would Bring Down Gilt Yields

1119 GMT - A U.K. recession would allow the Bank of England to ease off raising interest rates and cause the recent sharp rise in gilt yields to...

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Hard to See Reason for Sterling to Fall For Now

Hard to See Reason for Sterling to Fall For Now

1142 GMT - With U.K. inflation very high and interest rates looking likely to rise further, sterling is likely to stay strong, says ING currency...

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