London open: Markets hold on to 12-year highs
Tue 21 May 2013
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Markets were trading within a narrow range on Tuesday morning after finishing at 12-year highs the day before, as traders consider how much further the impressive year-to-date rally has to go.
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London open: Markets open higher as surge continues
Mon 20 May 2013
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London's benchmark index was trading at levels not seen in over a decade on Monday morning, boosted by record closing prices in the States on Friday on the back of an improved outlook for the global economy.
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London open: Stocks pull back after strong gains
Fri 17 May 2013
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The FTSE 100 registered moderate falls in early trading on Friday in aftermath of a series of disappointing economic figures, as markets pulled back after a strong showing over the last two weeks.
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London open: FTSE 100 breaches 6,700 after Japanese GDP
Thu 16 May 2013
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The winning streak on the FTSE 100 continued into its 11th day on Thursday as stronger-than-expected growth in Japan boosted London's benchmark index to fresh five-and-a-half-year highs.
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London open: Eurozone GDP figures worry markets early on
Wed 15 May 2013
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Worse-than-expected growth figures from Eurozone powerhouses Germany and France dampened market sentiment in London on Wednesday morning, as stocks pulled back after hitting fresh multiyear highs the day before.
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London open: Markets flat after strong run, but Severn Trent soars
Tue 14 May 2013
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Strong gains for Severn Trent and other utility providers helped offset weakness elsewhere on Tuesday morning as the FTSE 100 paused for breath following an eight-day winning streak.
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London open: Markets pause after strong run last week
Mon 13 May 2013
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Weakness in the financial sector meant that the FTSE 100 was in the red on Monday morning, with investors pausing for breath after the index reached fresh multi-year highs last week.
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London open: Now it´s Japan´s turn
Fri 10 May 2013
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The UK market opened with moderate gains on Friday morning, after a breakout - overnight - by the Japanese Yen, in its cross against the US dollar, apparently stoked risk appetite in capital markets globally. More important perhaps, that move in FX markets is a reflection of the relative fundamental strength of the American economy versus what some hedge-funds seem to consider is a terminally-ill Japan.
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London open: Chinese price data worries Nomura
Thu 09 May 2013
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UK stocks have moved slightly into the blue following an ephemeral dip just after the 'opening bell,' with Chinese price data on the front-burner in what is expected to be another 'light' day in terms of economic data releases. Today´s meeting of the Monetary Policy Committee is expected to be a non-event as policy-makers opt to maintain policy settings steady ahead of Mark Carney´s arrival in July. A Spanish sovereign debt auction towards 10:00 AM may help to set the tone for other asset classes today.
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London open: Stocks higher, but only just
Wed 08 May 2013
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British equity markets started the Wednesday session just slightly higher, with the Footsie gaining one point to the 6,559 mark. That followed yesterday´s rise in the Dow Jones Industrials Average to above the 15,000 point mark for the first time in its 117 year history. Nevertheless, some observers are pointing out that when adjusted for different factors, including inflation, it is actually still off its previous peak and in any case is not representative of the underlying reality of the US economy, as it purports to be.
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London open: Buying interest on the rise in commodity space
Tue 07 May 2013
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Investors in London have come back from the long weekend with a slightly cautious attitude, as traders continue to debate whether the current push higher in equity markets will be sustained or not.
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London open: Markets up ahead of US jobs report, but RBS falls
Fri 03 May 2013
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London's FTSE 100 index opened broadly flat on Friday morning as a sharp fall from Royal Bank of Scotland (RBS) offset a strong performance in the mining sector.
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London open: Markets cautious ahead of ECB decision
Thu 02 May 2013
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The FTSE 100 was in the red in early trading on Thursday as nerves set in ahead of the all-important European Central Bank (ECB) policy decision later on.
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London open: Miners shrug off disappointing Chinese data
Wed 01 May 2013
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A slowdown in Chinese manufacturing growth didn't have too much of an effect on stock markets on Wednesday morning as traders showed optimism in anticipation of a continuation of monetary stimulus from the US and a rate cut in Europe this week.
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London open: Stimulus hopes drive gains early on
Tue 30 Apr 2013
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Strong gains for BP, Whitbread and financials stocks ensured that the FTSE 100 was firmly in positive territory on Tuesday morning as traders showed optimism ahead of central-bank meetings later this week.
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London open: Stocks rise as Italy forms coalition government
Mon 29 Apr 2013
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UK stock markets opened with decent gains on Monday morning after the weekend saw Italy form a new government, removing some of the political uncertainty that has dampened sentiment over the last few months.
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London open: Markets nervous ahead of US GDP data
Fri 26 Apr 2013
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Markets opened in negative territory on Friday morning as eyes turned to the all-important reading of first-quarter economic growth in the US.
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London open: Stocks rise ahead of UK GDP
Thu 25 Apr 2013
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Markets opened strongly on Thursday morning as strength in the mining sector lifted the FTSE 100 higher ahead of the release of UK growth data.
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London open: Markets extend gains as financial stocks rise
Wed 24 Apr 2013
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Strong gains for financial stocks ensured that the FTSE 100 was firmly in positive territory on Wednesday morning, while growing speculation of a rate cut in Europe lifted sentiment.
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London open: Markets rise despite concerns over China
Tue 23 Apr 2013
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Decent gains for ARM Holdings, Associated British Foods and Rolls-Royce were providing a boost to London's stock market on Tuesday morning, offsetting relative weakness in the heavyweight mining sector.
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