Oil prices, China jitters weigh on Britain’s blue-chips

LONDON, Nov 27 (Reuters) – British shares closed slightly lower on Monday, weighed down by energy and mining stocks as oil prices fell on prospects of higher U.S. output and metals traded lower on weakening demand from China. Britain’s blue-chip FTSE 100 index closed down 0.3 percent at …

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Oil prices, China jitters weigh on Britain’s blue-chips

Britain’s blue-chip FTSE 100 index closed down 0.3 percent at 7,386.92, slightly stronger than other major European indices as the euro weakened marginally and sterling edged up. Miner Antofagasta fell 3.6 percent, with rivals Anglo American and Fresnillo down 2.2 and 1.9 percent respectively.

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LONDON MARKET CLOSE: Banks Fall Ahead Of BoE Stress Test Results

LONDON (Alliance News) – On a Monday dominated by news of Prince Harry’s engagement, positive sentiment failed to flow through to stocks, which ended lower as miners, oil majors and banks all weighed on London’s index of large-caps. The FTSE 100 index reversed gains at midday to close down …

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OPEC Meeting Supports Oil Prices

This week, oil traders are on edge amid the annual OPEC meeting in Vienna, where the parties will discuss the possibility of extending oil cut deal. Nevertheless, oil prices stopped its upward movement. WTI Crude Oil retreated from a 2-year high, around $59 and consolidated close to $58.60 a barrel. Investors are worried that the US will continue to expand oil production at a rapid pace. The Baker Hughes report […]

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Trading Trap: Bitcoin Likely to Hit $10,000 Soon

While the currency market is rather calm today, trading on the cryptocurrency market can be described with the word tsunami. The Bitcoin hit the new peak, rising above $9,000. Now, market participants have no doubt that the exchange rate of this digital money can reach the next psychological level of $10,000. The news from South Korea was one the main drivers for the Bitcoin’s rally. Investors were encouraged by the plans […]

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Daily Forex News and Analysis — November 27th 2017

US stocks traded higher led by gains in Technology and Energy. The Dow Jones rose by 0.14%, the S&P 500 by 0.21%, and the NASDAQ added 0.32% to its value. The US dollar traded lower against the other major as eurozone data pointed to solid growth, and concerns lingered over the sluggish rate of US inflation. Today, the New Home Sales is expected at 627K vs. 667K previously. Gold fell, closing at $1,287 an ounce. Crude […]

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Dow surges to new highs but FTSE wilts under pressure

The other big worry, particularly for the FTSE 100’s mining contingent, is a notable tightening of financial conditions in China; while rising bond yields might not seem like a reason to worry, a hit to corporate profits could feed through to the broader economy and thus raise questions about demand for raw

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FTSE 100 lower heading towards Monday’s close, BA-owner advances

The FTSE 100 had moved back to parity by midday, as the morning’s tentative positivity waned. Standing at 7,400 the benchmark was down 8 points or 0.12%. Positive sentiments came even though US dollar weakness was a weight on the City’s big international earners. Other potential catalysts were …

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*Oil Extends Daily Losses

Oil Extends Daily Losses

The material has been provided by InstaForex Company – www.instaforex.com

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These sliding growth stocks could still smash the FTSE 100

Shares in Patisserie Holdings (LSE: CAKE), the company behind Patisserie Valerie-branded cake-and-coffee destinations, soared 7% this morning after reporting a 20% leap in 2017 profits. After the rise the shares trade on a P/E of 20, but this seems a f…

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RPT-Just Eat to join top table of British business

Its expansion will win Just Eat promotion to the blue chip FTSE 100 in the index provider’s quarterly review of constituents on Wednesday. … The new entrants to the FTSE 100 will be announced this Wednesday, based on Tuesday’s closing prices, with changes effective from the market close on Friday …

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Just Eat to join top table of British business

Its expansion will win Just Eat promotion to the blue chip FTSE 100 in the index provider’s quarterly review of constituents on Wednesday. Currently trading on the mid-cap FTSE 250 index, Just Eat shares have gained 23 percent this quarter, boosted to a record high after strong results. Regulatory …

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U.S. New Home Sales Unexpectedly Jump To Ten-Year High In October

For the second consecutive month, the Commerce Department has released a report showing an unexpected jump in new home sales in the U.S.

The report released by the Commerce Department on Monday showed new home sales surged up by 6.2 percent to an ann…

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3 Hot Stock Plays for the Holidays

Small- and mid-cap retail stocks could offer value this holiday season, with a strong economy and low unemployment driving sales.

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3 Hot Stock Plays for the Holidays

Small- and mid-cap retail stocks could offer value this holiday season, with a strong economy and low unemployment driving sales.

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London Has Biggest Gender Pay Gap In The UK, ONS Data Shows

London has the biggest pay gap between male and female full-time workers in the UK, latest data from the Office for National Statistics showed Monday.

The gender pay gap in London barely changed in over two decades with the full-time women employees…

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