Japanese shares hit by US sell-off, market rotation helps UK stocks and US small caps, UK wage strength problem for Bank of England, Frasers' results impress and Royal Mail comeback

“A catastrophic day for US tech shares hasn’t caused widespread contagion on the markets,” says Dan Coatsworth, Investment Analyst at AJ Bell.

“While the...

Thu, 18/07/2024 - 09:47


LONDON BROKER RATINGS: Berenberg cuts Babcock International to ’hold’

The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

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FTSE 100

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Barclays cuts Croda price target to 4,700 (5,100) pence - ’equal weight’

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Barclays cuts...

Thu, 18/07/2024 - 09:32


British PM promises ’new impetus’ to French ties

Britain’s Prime Minister Keir Starmer promised Thursday to bring a ‘new impetus’ to ties with France and to work with Paris to oppose Russia’s invasion...

Thu, 18/07/2024 - 09:10


LONDON MARKET OPEN: UK stocks beat peers; Starmer hosts EPC summit

London stocks outperformed its European peers on Thursday morning, as investors await a key interest rate decision by the European Central Bank.

The FTSE 100...

Thu, 18/07/2024 - 08:58


UK hosts summit eyeing chance for European ‘reset’

New UK Prime Minister Keir Starmer hosts dozens of European leaders on Thursday as he gets to work repairing relationships strained by the Conservatives’ tumultuous Brexit...

Thu, 18/07/2024 - 08:54


TOP NEWS: Anglo American plans to complete divestments by end of 2025

Anglo American PLC said on Thursday it expects to ‘substantially’ complete divesting some assets by end of next year as the diversified miner reported mostly...

Thu, 18/07/2024 - 08:50


TOP NEWS: UK wage growth falls back further but higher than inflation

UK earnings growth has fallen back further amid mounting signs of a weakening jobs market, but wages are outstripping inflation at the fastest pace for...

Thu, 18/07/2024 - 07:44


Vaughan Gething reshuffles Welsh Labour top team after resignations

Vaughan Gething has reshuffled his top team the day after announcing his intention to resign as first minister of Wales.

Four members of the Welsh cabinet...

Thu, 18/07/2024 - 06:57


Data keeps traders guessing as to timing and scope of rate cuts

They say a week is a long time in politics, but even a day can be a long time in the markets as we found...

Thu, 18/07/2024 - 00:00


Microsoft primed to kick-start Big Tech earnings season

The starting gun has sounded for the second-quarter US earnings season but expect the excitement level to climb next week when big tech firms start...

Thu, 18/07/2024 - 00:00


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