Results drive sharp moves in European stocks

Britain’s FTSE 100 .FTSE meanwhile touched a fresh record, its third in as many days, before falling back to trade down 0.1 percent. UK retailers Tesco (TSCO.L) and Marks & Spencer (MKS.L) were among the biggest European fallers after their Christmas trading updates disappointed, with consumers …

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Will markets continue to rise in 2018? Five signals to keep an eye on

The FTSE 100 left 2017 trading above 7,700 points for the first time ever, suggesting that confidence is booming among investors, but the current market environment could be described as the most hated bull market ever. ‘Cautious optimism’ is the phrase given when being advised on how to approach …

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Levels to watch: FTSE 100, DAX and Dow

The FTSE 100 continues to create record highs, with the price trending consistently higher since the beginning of December. The fact that we are seeing a wedge formation points towards a potential breakdown. However, for now we are seeing a clear uptre…

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Germany GDP Expands Most In 6 Years

The German economy expanded at the fastest pace in six years in 2017, data from Destatis showed Thursday.

Gross domestic product grew 2.2 percent in 2017 after expanding 1.9 percent in 2016. This was the fastest growth since 2011. The economy has gr…

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FTSE 100: 7761 Resistance, With 7820 Above

That was a great reaction at the 7755 shorting area we entered yesterday, helped by China saying that their officials had recommended halting purchases of U.S. bonds, since denied/branded fake news. We had a decent drop down to 7720 before the bulls re…

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FTSE 100 Marginally Higher Amid Mixed Earnings

(RTTNews) – U.K. shares were marginally higher on Thursday as the pound weakened against the dollar and euro, helping offset weak earnings updates from the likes of Tesco and Marks & Spencer Group. The benchmark FTSE 100 was little changed with a p…

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London open: Stocks flat as Tesco, M&S updates disappoint

(ShareCast News) – London stocks were little changed in early trade on Thursday, with mixed Christmas trading updates from the likes of Tesco and Marks & Spencer disappointing analysts and investors. At 0850 GMT, the FTSE 100 was flat at 7,751.09, …

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Euro Little Changed After German GDP Data

At 4.00 am ET Thursday, Germany’s Destatis has published full year GDP data for 2017. Following the data, the euro changed little against its major rivals.

The euro was trading at 133.36 against the yen, 1.1704 against the franc, 0.8857 against the p…

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Rathbone Brothers FUM rises 14.3%

The FTSE 100 Index increased 7.6% and the MSCI WMA Private Investor Balanced Index increased 7.2% over the same period. Funds under management in Investment Management were £33.8 billion at 31 December 2017, up 11.9% from £30.2 billion at 31 December 2016. Total net inflows in …

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Spain's Industrial Output Growth Eases In November

Spain’s industrial production grew at a slower pace in November, figures from the statistical office INE showed Thursday.

Industrial production climbed by adjusted 4.2 percent annually, which was slower than October’s 4.4 percent increase. Output wa…

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FTSE up in busy day for retailers

StockMarketWire.com – The FTSE 100 added 9 points to 7.757.54 on Thursday morning amid a plethora of trading updates from some of the UK’s big retailers. Tesco (TSCO) reported a like-for-like sales increase of 2.3% in the UK and Ireland, helped by record Christmas trading, but was held back by the …

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Tesco and M&S tumble on retail ‘Super Thursday’ as festive sales suffer

I think the greens probably have it on that handy retail sales grid below but that wash of green is undoubtedly littered with a few big red profit warnings from the likes of Debenhams and Mothercare. We’ll have the complete picture of how the sector performed over the Christmas period by the end next …

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LONDON MARKET OPEN: Weak Tesco And M&S Fail To Stop FTSE 100 Surge

LONDON MARKET OPEN: Weak Tesco And M&S Fail To Stop FTSE 100 Surge … LONDON (Alliance News) – Stocks in London opened mixed on Thursday with the FTSE 100 hitting a fresh record high despite a drag from the shares of two … The FTSE 100 hit a rec…

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UPDATE 1-UK Stocks-Factors to watch on Jan 11

EX-DIVS: Sky Plc will trade without entitlement to their latest dividend pay-out on Thursday, trimming 0.40 points off the FTSE 100 according to Reuters calculations. * The UK blue chip FTSE 100 index closed up 0.2 percent at 7,748.51 points on Wednesd…

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LONDON MARKET PRE-OPEN: Tesco And M&S Show Holiday Trading Contrast

LONDON (Alliance News) – Retailers Tesco and Marks & Spencer put in contrasting performances in festive trading, with the former enjoying strong growth while the latter saw an unspectacular third quarter. IG says futures indicate the FTSE 100 index…

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European Shares Seen Opening Lower As Risk Appetite Wanes

… and the recent surge in oil prices spurred investors to lock in some profits after recent strong gains. The pan-European Stoxx Europe 600 index shed 0.4%. The German DAX dropped 0.8% and France’s CAC 40 index slid 0.4% while the UK’s FTSE 100 inched up 0.2%. Copyright RTT News/dpa-AFX.

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LONDON MARKET EARLY CALL: Higher Call Ahead Of UK Retailer Updates

“The FTSE 100 [managed] to kick on to new record highs, helped by a pound that underperformed, despite a strong performance from the manufacturing sector in Q4, which prompted the NIESR to predict GDP growth for the UK economy of 1.8%,” says CMC Markets chief market analyst Michael Hewson …

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