Tag "UK"
British consumer price inflation rose more than expected to 5.4% in December, its highest in almost 30 years, official data showed on Wednesday, putting pressure on the Bank of England to raise interest rates again next month. Economists polled by
European stocks are expected to open higher on Tuesday as investors look ahead to the next U.S. inflation reading on Wednesday. The U.K.’s FTSE index is seen opening 31 points higher at 7,464, Germany’s DAX 78 points higher at 15,886, France’s CAC 40 up 44 points
European stocks are expected to open higher on Tuesday as positive new year momentum continues in global markets. The U.K.’s FTSE index is seen opening 18 points higher at 7,434, Germany’s DAX is seen 7 points higher at 16,050, France’s
European stocks are expected to open broadly higher on Monday in the first trading day of the new year. Germany’s DAX is seen opening 43 points higher at 15,887, France’s CAC 40 up 14 points at 7,164, Italy’s FTSE MIB 53 points higher at 27,191, according
European stocks are expected to open much higher on Thursday as investors in the region digest the U.S. Federal Reserve’s decision Wednesday to accelerate the reduction of its monthly bond purchases. The U.K.’s FTSE index is seen opening 61 points higher at 7,235,
European stocks are expected to start the new trading week far higher, despite extensive concerns over the newly discovered omicron Covid variant. The U.K.’s FTSE index is seen opening 97 points higher at 7,137, Germany’s DAX 191 points higher at 15,437, France’s CAC 40 up 99
Mulberry said on Wednesday demand for its luxury products is back at pre-pandemic levels with sales in the UK and Asia powering a 34% surge in first-half revenue, as it prepares to benefit from the holiday shopping season. The company,
European markets are set for a cautiously higher open on Friday, looking to eke out a positive week as investors continue to watch economic data, the Covid-19 situation and corporate earnings. Britain’s FTSE 100 is seen around 35 points higher
Technology, travel and retail shares fuelled declines in European stocks on Wednesday as soaring oil and gas prices intensified concerns about higher inflation denting economic growth. After a late-session rally on Tuesday, the pan-European STOXX 600 index fell 1.7%, with
The dollar eased from last week’s peaks on Monday as encouraging trial results for a COVID-19 pill supported risk appetite, but investors remained cautious ahead of central bank meetings in Australia and New Zealand as well as U.S. labour data