City Index

When: After the US market close on 29th January. Expectations: Revenue $6.45 billion -4% from previous year but +10% from previous quarter, EPS $1.65 -15% $100 billion company The Tesla stock price...

After surging to a high of $1.3164 in early trade this morning, GBP/USD quickly pared those gains and is currently trading 0.2% lower on the day as it tests support at $1.31.The whipsaw action in...

Risk aversion is dominating early trade on Tuesday, with losses in Asia spilling over into Europe. The FTSE is on track for its worst day in 7 weeks as traders fret over the outbreak of coronavirus in...

The FTSE 100 plunged more than 1% after opening as China was hit with a SARS-like virus just days before the start of the Chinese New Year. Chinese and Hong Kong shares dropped 1.7% and 2.8%,...

The FTSE is trading lower on unimpressive volumes with the session quieter than usual because of the US markets holiday. Shares in NMC Health (LON:NMC) have dropped another 4% this morning as...

The FTSE surged to a 6-month high, boosted by a falling pound post dire retail sales data and amid broad risk on sentiment following Chinese GDP data.NMC Health (LON:NMC) topped the index whilst...

UK data this week has been dismal. UK retail sales was the latest release to disappoint:MoM -0.6% vs +0.6% exp. YoY +0.9% vs 2.9% exp.Expectations were running high for December retail sales as the...

Google (NASDAQ:GOOGL) breaking through the $1 trillion barrier of market capitalisation and the newly approved trade deal between the US, Canada and Mexico helped the market rally at the end of the...

FTSE Lower Amid Corporate DisappointmentsOptimism surrounding the signing of the US – China trade deal quickly faded and the FTSE was pretty much on the back foot from the start of trading. The...

Q1 revenue +4% yoy, reflecting overall sales growth from both Primark and the sugar business.Not even Primark’s UK business has been able to outsmart estimated weaker footfall numbers on the UK...

EUR/USD is holding gains from the previous session after ending Wednesday 0.2% higher. Improved sentiment following the signing of the US – China trade deal (finally!) helped lift the common...

The London morning session started positively enough with the signing of the US-China trade deal and the Dow Jones Industrial Average breaking above 29,000 both sending a positive signal for UK...

Despite kicking off today’s session on the front foot, the pound has fallen back through $1.30 following weak UK inflation data.CPI December +1.3% vs +1.5% exp. (yoy) and 1.5% in...

The expected signing of the Sino-US trade deal later today is helping to lift the FTSE at the start of the session as did some corporate earnings. Despite the positive mood this morning it is...

China seems to have agreed to some additional concessions to the US, including committing to buy another $80 billion of goods, ahead of the expected signing of the first phase of the Sino-US trade...

FTSE has kicked off trading on the front foot amid growing optimism over the signing of the US -China phase one trade deal on 15th January and on the back of a weaker pound, pushing below $1.30.UK...