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- Eyes on ECB rate decision - Upside surprise in Australian GDP - Miners, financials gain early on After a four-day weekend for the Queen's Diamond Jubilee, the FTSE 100 jumped in early trading on Wednesday morning ahead of an interest rate decision in Europe. News that Australia's economy expanded
Read moreOil giant BP faces fresh complications in its hopes to sell its 50 per cent stake in its Russian operation. A court in Siberia has called for a new hearing into TNK-BP, the joint venture it has with Alfa Access Renova (AAR), a vehicle run by Russian billionaires. The tie-up has been highly profitabl
Read more- Global stocks hit year-to-date low - US, UK, Chinese and Eurozone data disappoints - Gold soars on QE3 speculation after weak data Disappointing employment and manufacturing data from across the world sank global stock markets on Friday, meaning that May's heavy losses for equities were extended.
Read more- Manufacturing PMIs in UK, Eurozone, China fall - Eyes on US payrolls - BP jumps on TNK-BP sale After a bright start early on, London's blue chip index had dropped into the red by Friday lunchtime after a barrage of disappointing manufacturing data dampened market sentiment. Manufacturing purchas
Read more- Chinese PMI dissapoints - Ireland begins counting votes on fiscal treaty referendum - BP jumps after proposed sale of interest in TNK-BP London's Footsie index bucked the trend seen across European markets to trade firmly higher on Friday morning, ahead of some crucial payrolls data Stateside du
Read more- Spain in focus, bond yields surge - Eurozone economic sentiment slips - Miners fall on euro, Chinese concerns London's blue-chip index closed near its intraday low on Wednesday as ongoing concerns over the Eurozone, and particularly Spain, sank global equity markets. "Spain has taken centre sta
Read more- Bankia and Spain continue to weigh on sentiment - ECB denies interference - Chinese stimulus hopes fade Rising bond yields in the Eurozone periphery and fading hopes of further Chinese stimulus were weighing heavily on European stock markets on Wednesday; resources stocks and banks were heavy fal
Read more- Spanish concerns weigh on European markets - Earlier optimism surrounding China outweighed by euro worries - Banks slip into the red, miners trim gains Miners had pared their gains by Tuesday lunchtime, meaning that the Footsie had slipped back to where it had started, as Eurozone concerns outwei
Read more- Support for New Democracy increases - Financials, miners advance in morning trade - Some European, US markets closed today Reports of rising popularity for Greece's New Democracy party were giving a lift to London's FTSE 100 on Monday morning as fears over an exit from the Eurozone eased. Sever
Read more- Consumers upbeat in US, Germany - Germany adviser says Greek bailout terms should be changed - Greek uncertainty still apparent The FTSE 100 rallied to close slightly higher on Friday, helped by some positive consumer confidence data in the US and Germany, but gains were limited as the focus cont
Read moreThe FTSE 100 edged higher in early trade on Friday morning on a relatively quiet day for company news after German consumer confidence data lifted sentiment. GfK said that its forward-looking German consumer confidence index held steady at 5.7 points for June, unchanged from May. "Consumer sentimen
Read more-JP Morgan suggests ECB rate cut, LTRO restart -EU leaders make little progress -UK contracts more than expected in Q1 An underwhelming EU summit and a barrage of disappointing economic figures failed to hold back gains on Thursday, as the Footsie rebounded following yesterday's steep sell-off. C
Read moreNo "rational person" would want to see Greece leave the Eurozone, Nick Clegg will say today, warning that Britain will be worse off if the currency starts to break up. Markets tumbled again on Wednesday in reaction to fears that Greece's exit was being prepared. David Cameron was in Brussels pleadin
Read more- Officials warn Eurozone to prepare for Greek exit - BoE policy makers 'finely balanced' on more QE - CBO warns of US recession The FTSE 100 sunk to its lowest levels of the day by the end of trade on Wednesday as investors looked ahead to this evening's EU summit with caution as speculation incre
Read more- Papademos says preparations being made for Greek exit - CBO warns of US recession - Chinese growth to be hampered if Greece leaves euro London blue-chip index was registering steep losses on Wednesday as gains from the last two days were almost completely erased ahead of the EU summit this evenin
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