Many eyes will be on IAG’s share price this morning as investors assess the weekend’s IT catastrophe. IAG shares have already fallen heavily, knocking off more than £350m off the carrier’s market capitalisation.
Sterling continued to sell down hitting fresh lows in the sub -1.2800 region (4pm) as the Labour Party narrowed the election gap
Sterling fell overnight to $1.2874 as election and economic uncertainty trickled through.
Oil prices have tumbled more than 1% on an OPEC agreement that will not commit beyond a nine-month production cut.
Much attention today on oil as the key Vienna OPEC meeting looms though some European markets are closed for Ascension Day.
Last night’s horror in Manchester failed to dent the FTSE 100 today – but only just. The Big Board ended Tuesday just 2.45 points up at 7,498.79 .
The suspected terrorist attack on Manchester concert-goers last night – killing 22 – saw the pound weaken overnight to 1.2984 as investors absorbed the political implications.
Another strong day for the euro, going beyond 1.1200 earlier. Talk of an end to ECB stimulus is also helping power the euro’s gains
Oil prices are on the move – more climbs – again with OPEC members meeting in Vienna on Thursday
A much better trading day for stocks with the FTSE 100 ending higher. Oil, Hikma, Gold Exports
Supported by stronger UK retail sales today’s boost for sterling saw the pound lift above $1.30 it’s best result since last September. Burberry, Asda.
Stocks sold down fast on Wednesday with the Dow slumping -1.78% to 20,606.93 as Trump turmoil in the US accelerated. Oil. Gold. Trump. Burberry. Royal Mail.
The Dow Jones commenced trading this morning with a 200-point plunge as investors digested the latest twists of the President Trump-FBI Russian saga.
It’s anticipated the FTSE 100 may open lower this morning after racking up it’s best ever performance yesterday, hitting 7,522 points thanks to robust mining support.
Yesterday’s momentum for the FTSE 100 continued to build with the UK’s main share index hitting another high at 7,505.46. Macron, Oil. Vodafone
