Oh yes EU have! Oh no we haven’t!

FTSE 100 Index called to open -25pts at 7435, back from yesterday’s 7470 highs, settling in a 7430-45 consolidation channel overnight. Bulls need a break above overnight resistance to regain yesterday’s highs. Bears require a breach of overnight support to trigger another leg lower. Bullish 7445 …

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UK Mortgage Approvals Fall In October

UK mortgage approvals declined to a 13-month low in October, the Bank of England showed Wednesday.

The number of mortgages approved in October fell to 64,575 from 66,111 in September. The number was forecast to drop to 65,000. This was the lowest si…

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FTSE 100 Drops As Pound Soars On Brexit Bill Breakthrough Reports

(RTTNews.com) – U.K. shares fell on Wednesday and the pound hit a two-month high amid reports that Britain has agreed to the EU’s 50 billion-pound divorce bill. The benchmark FTSE 100 was down 40 points or 0.53 percent at 7,421 in late opening deals after rising as much as 1 percent the previous …

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Euro Little Changed After Eurozone Economic Sentiment Index

At 5.00 am ET Wednesday, European Commission has released euro area economic sentiment data. Following the data, the euro changed little against its major rivals.

The euro was trading at 0.8858 against the pound, 132.27 against the yen, 1.1671 agains…

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Euro Rises Vs Most Majors Ahead Of Eurozone Economic Sentiment Index

At 5.00 am ET Wednesday, European Commission is scheduled to issue euro area economic sentiment data. The confidence index is seen rising to 114.6 in November from 114 in October.

Ahead of the data, the euro traded mixed against its major rivals. Whi…

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Sweden GDP Growth Slows As Expected In Q3

Sweden’s economic growth moderated as expected in the three months ended September, figures from Statistics Sweden showed Wednesday.

Gross domestic product advanced a seasonally adjusted 0.8 percent sequentially in the third quarter, slower than the …

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Levels to watch: FTSE 100, DAX and S&P 500

A fresh higher high for the FTSE 100 yesterday, even one that didn’t last too long, still confirms that the buyers are in control. Renewed sterling …

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Levels to watch: FTSE 100, DAX and S&P 500

A fresh higher high for the FTSE 100 yesterday, even one that didn’t last too long, still confirms that the buyers are in control. Renewed sterling strength on the back of possible Brexit deal news has knocked the price back towards 7400, but so long as 7371 holds, then the bullish short-term picture is …

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Pound Little Changed After U.K. Mortgage Approvals

Following the release of U.K. mortgage approvals for October at 4.30 am ET Wednesday, the pound changed little against its major rivals.

The pound was trading at 0.8855 against the euro, 149.41 against the yen, 1.3169 against the franc and 1.3403 aga…

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