Merry Christmas: The FTSE 100 has hit another record high

It looks like that promised Santa rally has finally emerged, after the FTSE 100 nudged another record high in morning trading. The index rose to 7,611.75 points, up from yesterday’s high of 7,609.69. Before that, the last time it set a record was June, when it rose to 7,598.99 points. The index was carried …

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Levels to watch: FTSE 100 and S&P 500

The FTSE 100 managed to reclaim the 7600 level yesterday, indeed touching a new all-time high, and is recovering from some minor overnight weakness. The index has continued to register new higher lows and higher highs, so we look for further gains into…

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FTSE dividend cover hits financial crisis lows

Dividend cover, a ratio of the company’s annual earnings to the amount paid out in dividends, is just 1.63 for the FTSE 100, lower than it was at the height of the financial crisis a decade ago, according to the AJ Bell Dividend Dashboard. Russ Mould, investment director at AJ Bell, said dividend was cover …

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Pound Little Changed After U.K. GDP Data

Following the release of U.K. final GDP data at 4:30 am ET Friday, the pound changed little against its major rivals.

The pound was trading at 1.3373 against the greenback, 151.64 against the yen, 1.3241 against the franc and 0.8861 against the euro …

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Taiwan Industrial Output Growth Slows More Than Forecast

Taiwan’s industrial production growth eased at a faster-than-expected pace in November, preliminary data from the Ministry of Economic Affairs showed Friday.

Industrial production climbed 0.85 percent year-over-year in November, slower than October’s…

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Pound Mixed Ahead Of U.K. GDP Data

At 4:30 am ET Friday, the Office for National Statistics is set to release UK final GDP data. Economists expect GDP to grow 0.4 percent sequentially, in line with the preliminary estimate.

Ahead of the data, the pound traded mixed against its major …

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Spain's Producer Price Inflation Accelerates In November

Spain’s producer price inflation increased in November, the statistical office INE reported Friday.

Producer price inflation rose to 3.1 percent in November from 2.8 percent in October.

Energy prices surged 6.3 percent annually. Excluding energy, …

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FTSE 100 clings to record high in holiday-shortened session

Blue-chip stocks in the U.K. stuck close to record highs Friday, with investors set to wrap up a holiday-shortened session with the final reading of British economic growth and mark a potential gain for the week. The FTSE 100 index UKX, +0.02% was up 1…

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FTSE 100 touches new record high

The FTSE 100 has touched a new record high — at 7,611.49, taking it up over 6 per cent over 2017, or around 15 per cent in dollar terms. The fresh peak comes after it closed at a record at the end of the previous session for the first time since November. The blue-chip index has been energised by the …

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French Producer Prices Rise At Faster Rate In November

French producer prices in the domestic market increased at a faster pace in November, the statistical office Insee reported Friday.

Producer prices climbed 1.4 percent month-over-month in November, well above the 0.2 percent slight increase in Octobe…

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FTSE 100 ignores the pain from Spain to nudge further into record territory

After closing at a new all-time high, the FTSE 100 managed to maintain the upward momentum – but only just as it crept up five points 7,608.49 against some fairly stiff headwinds from Spain. With the independence vote in Catalonia backfiring on Prime Minister Mariano Rajoy, traders here in London …

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France Q3 GDP Growth Revised Up

France’s economy grew more than than previously estimated in the third quarter, detailed figures from the statistical office Insee showed Friday.

Gross domestic product grew 0.6 percent sequentially, instead of 0.5 estimated previously. The economy h…

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Finland PPI Inflation Remains Stable In November

Finland’s producer price inflation remained stable in November, after easing in the previous month, figures from Statistics Finland showed Friday.

Producer prices for manufactured products climbed 3.6 percent year-over-year in November, the same rate…

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