FTSE 100 today: London markets set for cautious open as U.S. inflation data looms large February 29, 2024 Asia mirrors Wall Street's decline, bitcoin breaches $60,000, and oil prices fall; all eyes are on US PCE inflation data for market direction.
Bitcoin blasts through $63,000; experts predict meteoric rise February 29, 2024 Bitcoin surged beyond $63,000 on Wednesday, marking its highest level in over two years, fuelled by a wave of investment into new U.S. spot bitcoin exchange-traded products.
FTSE 100 close: London sinks into the red as shares in St James’s Place crash, Reckitt and Taylor Wimpey fall February 28, 2024 Shares in St James Place plummeted after it slashed its dividend and warned that costs connected to complaints would be a drag on growth in the coming year.
FCA under fire for ‘sinister’ plans to ‘name and shame’ firms February 28, 2024 City lawyers have launched a broadside on the Financial Conduct Authority today for what they call “sinister” plans to change enforcement rules that could unfairly damage the reputation of firms.
Moving markets: Five things shaping the FTSE 100 today February 28, 2024 Asian markets stalled as investors awaited U.S. inflation data, while the New Zealand central bank maintained interest rates. Bitcoin surged to $57,622, but oil prices fell. Attention now turns to U.S. GDP figures and Federal Reserve speeches.
eBay surges nearly four per cent as earnings beat estimates February 28, 2024 The shares of e-commerce giant eBay surged nearly 4% in extended trading sessions after it exceeded market expectations for both quarterly revenue and profit, largely driven by strong consumer spending during the holiday period.
FTSE 100 live: London markets flat despite inflation boost, miners rise February 27, 2024 Markets were also given a lift by the news that shop price inflation slowed to 2.5 per cent in February, the lowest level seen in two years.
FCA set to name firms under investigation in plans to beef up enforcement February 27, 2024 The Financial Conduct Authority is planning to publicly name the companies it is investigating in a bid to deter firms from breaking the rules and encourage whistleblowers to come forward, according to reports.
FTSE 100 today: London markets set for a cautious start following Wall Street slippage February 27, 2024 Asian markets echo Wall Street caution, with the dollar weakening and Bitcoin surpassing $57,000. Japan's core inflation declines. Investors await pivotal inflation data for market insights and investment decisions.
FTSE 100 close: Housebuilders drag London’s premier index into the red after CMA warning February 26, 2024 The biggest news of the morning was the Competition and Markets Authority's (CMA) announcement that it had found "fundamental concerns" with the housebuilding market.
