City Index

Coronavirus panic selling hit stocks and asset classes across the board on Thursday. The FTSE closed down over 10%, the DAX 12% and US stock indices ended the session 9-10% lower. Ionically on Friday...

The Dax gapped down on the open and has extended losses across the European session amid growing concerns over the coronavirus outbreak, a travel ban from Trump and the ECB leaving rates unchanged.ECB...

President Trump’s decision to suspend all flights to and from Europe for the next 30 days has moved the coronavirus crisis to a whole new level in which fear, panic and suspicion will do more...

Rishi Sunak unveiled his first Budget today. Despite a nervous start, he was soon in his stride as went on to announce a huge spending spree.Going into the Budget concerns over coronavirus were front...

The Bank of England surprised the markets by cutting interest rates by 50 basis points, trying to shelter the UK economy from economic damage that could be inflicted by the spread of the...

GBP/USD is clawing back loses after the BoE made an emergency 50 basis point rate cut early on Wednesday, in an unscheduled move. This takes the interest rate from 0.75% to 0.25%, ahead of the...

The Chancellor of the Exchequer Rishi Sunak is set to unveil the UK Budget on Wednesday. The circumstances surrounding the Budget have change significantly over the past few weeks. This year’s...

Asian markets closed uniformly in the red this morning and now European markets are following in the same direction. With so much uncertainty about the global spread of the coronavirus and the fact...

The FTSE is crashing lower on Thursday, giving back gains from earlier in the week as coronavirus fears return to haunt the markets. With Italy closing all schools, a state of emergency declared in...

Oil has been unable to hold onto earlier gains and is once again trending southwards on Thursday ahead of the highly anticipated OPEC meeting.Saudi Arabia is expected to push the OPEC group plus...

The pound is struggling around the $1.28 mark following weaker than forecast UK service sector pmi data and amid speculation that the BoE could follow the Fed and cut interest rates. After the...

As the dust settles on the Fed’s emergency 50 basis point rate cut the Dax is extending gains. The German index rallied 1% across the previous session and has added a further 1.3% this morning...

The FTSE opened with a dip but then proceeded to recover helped with a strong performance from mining firms and oil majors. Copper, Silver and other primary metals all picked up over the last 24 hours...

Gold is trading over 0.9% higher and has pushed overt the $1600 mark, as it attempts to pare some of Friday’s losses.Safe haven Gold has had an interesting reaction to coronavirus. The price of...

Whilst Coronavirius is dominating the airwaves in almost every direction, we will take a look at one company which may fair better than many others in the event of self-isolation on a large scale or...

Investors are buying the dip this morning, picking up assets which plunged in value last week. Later today G7 finance minsters will have a phone call to discuss how to best to respond to the economic...