[ad_1] T he FTSE 100 had another weak showing on Friday as weaker-than-expected retail data for July weighed on London’s biggest retailers. The Office for National Statistics said retail sales…
Tag: brent
UK stock markets sink amid fears over China’s property market
[ad_1] U K stock markets slipped into the red on Monday amid renewed concerns over the health of the world’s second-biggest economy. News that one of China’s biggest property developers,…
OPEC sees prospect for healthy oil market fundamentals in second half
[ad_1] LONDON: OPEC on Thursday said it saw prospects for a healthy oil market in the second half of the year and stuck to its forecast for robust oil demand…
FTSE swings higher on hopes of cooling inflation
[ad_1] L ondon’s markets recovered ground amid growing hopes across the continent that central banks will pause recent interest rate hikes. In the City, the broad improvement in sentiment helped…
Global stocks boosted after US jobs growth slows
[ad_1] T he FTSE 100 closed in the green on Friday after a mixed session that saw new US jobs data give global stocks an afternoon boost. The world’s biggest…
European stocks lag amid manufacturing sector slump
[ad_1] E uropean stocks lagged on Tuesday amid new data showing the UK and Germany’s manufacturing sector slumped last month, as the sector feels the impact of waning demand. London’s…
London markets drop as gilt yields swing higher
[ad_1] L ondon’s markets slid during a weak session on Monday as pharmaceuticals and mining firms were among the biggest fallers. Sentiment was broadly lower as traders sold off stocks…
Oil rises slightly as market awaits US Federal Reserve rate outlook
[ad_1] HOUSTON/BEIJING: Oil prices inched up on Wednesday as investors awaited the outcome of the U.S. Federal Reserve’s June meeting, key economic data from China and government data on U.S.…
European markets shake off hawkish comments from central banks
[ad_1] L ondon stocks shrugged off concerns about further interest rate hikes and a softer performance on Wall Street. Gains by software firm Sage and financial stocks helped to buoy…