FTSE 100 close: Credit Suisse share price shoots up 30 per cent as HSBC and Lloyds climb in London March 16, 2023 London’s FTSE 100 today partly clawed back yesterday’s losses that saw it clock its worst day in over a year as the index was ensnared by global markets sweating over the health of the European banking system. The capital’s premier index jumped 0.89 per cent to 7,410.04 points, while the domestically-focused mid-cap FTSE 250 index, [...]
Oil markets stabilise after Credit Suisse crisis sank prices to a15-month low March 16, 2023 Oil markets have calmed after sliding to 15-month lows yesterday, with tensions easing after Credit Suisse was given a £45bn emergency loan.
FTSE 100 close: Global banking rout weighs on index as budget does little to lift sentiment March 15, 2023 London’s FTSE 100 slumped this afternoon as the banking sector faced a major sell-off following concerns over the future of Credit Suisse. The capital’s premier index closed 3.83 per cent lower at 7,344.45 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, shed 2.63 per [...]
Succession: London Stock Exchange calls on Logan Roy to rally the markets March 14, 2023 London Stock Exchange officials are pinning their hopes on a new figure to whip London’s embattled capital markets into shape this month: Succession star Brian Cox..
FTSE 100 close: London index claws back Silicon Valley Bank induced losses as HSBC soars March 14, 2023 London’s FTSE 100 surged today, arresting the sharp declines notched yesterday as it was caught up in a global market sell off driven by investors’ fretting over the impact of Silicon Valley Bank (SVB) collapsing. The capital’s premier index gained 1.17 per cent to close at 7,637.12 points, while the domestically-focused mid-cap FTSE 250 index, [...]
OPEC forecasts boost in China oil demand after SVB collapse sparks crude price tumble March 14, 2023 Chinese demand should bolster the oil market, even as crude prices tumble following the collapse of Silicon Valley Bank, says OPEC.
Oil prices: Why black gold could spike on flagging OPEC supply levels March 13, 2023 Oil prices will be supported by the combination of strong demand this year and flagging OPEC production levels, Investec predicts.
FTSE 100 close: Silicon Valley Bank collapse drags London index into red despite HSBC sale March 13, 2023 London’s FTSE 100 was dragged down into a global market sell off today driven by fears over how far the effects of the collapse of tech-focused Silicon Valley Bank could ricochet through the financial system. The capital’s premier index slid more than two per cent to close at 7,548.64 points, while the domestically-focused mid-cap FTSE [...]
Gold price rallies after Silicon Valley Bank collapse draws investors to precious metal March 13, 2023 Gold prices have risen following the collapse of Silicon Valley Bank - strengthening investor sentiment towards the precious metal.
Week ahead: ECB Lagarde to sign off on another 50 point interest rate hike and Deliveroo updates markets March 12, 2023 Topping City traders’ minds this week will be what is tipped to be another 50 basis point interest rate hike by the European Central Bank (ECB) on Thursday. The monetary authority of the 20 countries using the euro has explicitly told markets to expect another steep rate hike this week and possibly more in the [...]
