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Markets

  • Pound sterling reaches two-year high against the dollar as interest rate bets diverge

    August 27, 2024

    The pound was trading just under 0.2 per cent higher against the dollar at $1.322 having traded just below $1.3250 earlier in the day.

  • Inflation back in focus ahead of key US and eurozone releases

    August 26, 2024

    The continuing battle against inflation will be the main focus for markets this week as new data will shed light on the state of price rises in both the US and the eurozone.

  • Pound edges above $1.30 as Fed expected to cut rates in September

    August 20, 2024

    The pound has not traded above $1.30 on a sustained basis since mid-2022.

  • Panic over? London’s FTSE 100 surges after overnight rally in Asia

    August 7, 2024

    The global market rally picked up the pace on Wednesday with European equities surging after Japanese stocks recorded strong overnight gains. The FTSE 100 was up 1.8 per cent at 8,166.88 while the midcap FTSE 250 gained 1.0 per cent to trade at 20,576.03. The CAC in Paris gained 2.0 per cent while the DAX [...]

  • FTSE 100: London markets edge higher after Monday’s massive sell-off

    August 6, 2024

    Both indexes recorded big falls yesterday, dropping around 2.0 per cent and 2.8 per cent respectively.

  • ‘A turbocharged turnaround’: Asian stocks rebound after Monday’s global market rout

    August 6, 2024

    "it's a turbocharged turnaround Tuesday in Asia," Deutsche Bank's Jim Reid said.

  • Axa reports over £50bn in revenue amid talks to sell asset management unit for whopping fee

    August 2, 2024

    French insurer Axa reported £50.8bn in revenue as firm enters talks with BNP Paribas to sell asset management unit for £4.3bn.

  • Bullish analysts think sterling’s rally will continue despite chance of interest rate cuts

    July 23, 2024

    Sterling has been one of the strongest performing currencies this year on the back of sticky inflation and stronger than expected growth.

  • City sounds alarm on health of London’s AIM market as listings hit 20-year low

    July 23, 2024

    Leading City figures have sounded the alarm over the health of London's AIM market after a new analysis revealed the number of companies quoted on London's junior market to be at a 20-year low.

  • French media firm Canal+ to list on London Stock Exchange in boost for the City

    July 22, 2024

    French conglomerate Vivendi has confirmed plans to spin off and list its television business Canal+ on the London Stock Exchange today, in what would be another boon to the City’s bourse after signs of a revival in recent months.

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