Asian shares mostly climbed, driven by a more than 10% surge in Tesla shares, which helped push US benchmarks to new records.
What happened overnight – Tuesday 2nd July 2024
Asian stocks showed mixed results after Wall Street stocks advanced and US bond yields surged following a Supreme Court ruling that former presidents have broad immunity from prosecution.
What happened overnight – Monday 1st July 2024
The euro appreciated overnight as the far-right National Rally party appeared unlikely to secure a majority, despite significant gains in the first round of parliamentary elections.
The week of 11th-15th December 2023- Follow the Leader
Last week was a fascinating week in the foreign exchange markets, not least for the Australian dollar and the Japanese Yen against the US dollar.
FTSE leads global market surge, rejuvenated optimism for the US economy
The FTSE 100 participated in today’s worldwide stock markets surge, invigorated by rejuvenated optimism for the US economy.
Miners and banks weigh on FTSE 100, causing it to drop.
The FTSE 100 index had a weak start, posting its poorest opening in three weeks, as industrial miners and lenders dragged it down.
It is anticipated that benchmark crude oil prices will exceed the $100 per barrel threshold
Oil executives and analysts predict that benchmark oil prices will continue to climb this year and surpass the $100 per barrel mark.
London is on the verge of losing its position as the world’s top financial center
According to a report by the City of London Corporation, the City of London is facing the possibility of losing its status as a leading financial center, as New York
FTSE 100 reaches new record high as Centrica shares jump
The FTSE 100 achieved a new record high with the help of positive corporate earnings from Centrica and Standard Chartered, while higher commodity prices buoyed miners.
FTSE 100 closes at record high (again)
The FTSE 100 has ended the trading day on another record high, closing 1.42pc higher at 7,947.60 points.
The FTSE 100 hits record high for third time in a week
The FTSE 100 reached an all-time record, buoyed in part by a string of positive earnings and merger talks linked to Standard Chartered.
FTSE 100 hit a new record high as trading opened in London
After Jerome Powell, the chairman of the US Federal Reserve, indicated that the pace at which interest rates rise might slow down in the new year, the FTSE 100 hit