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Risk Improves But Can It Last? By Fiona Cincotta - Apr 02, 2020

European markets are pointing to a cautiously higher start on the open as investors see a glimmer of hope in Italy’s easing death rates and as oil prices rebound. However, it is questionable...

The Dividend Nail By Fiona Cincotta - Apr 01, 2020

Banking stocks are attracting by far the highest volume on the FTSE this morning, as they do most mornings, but today the volume is about 50% higher after banks decided to stop or delay dividend...

Fear Drives Markets Lower By Fiona Cincotta - Apr 01, 2020 1

European stocks have opened lower in early trade on Wednesday as fear drives the markets. President Trump’s prediction that between 100,000 – 240,000 Americans could lose their lives, is...

Why Are Banks Falling? By Fiona Cincotta - Apr 01, 2020

Bank stocks are dominating the lower reaches of the FTSE on Tuesday. The likes of RBS (LON:RBS), Lloyds (LON:LLOY), HSBC and Barclays (LON:BARC) have shed round 2% each despite the FTSE pushing...

A New Round Of Oil Fun And Games By Fiona Cincotta - Apr 01, 2020

Despite the flippant title, for many oil traders, and even more so oil producers, the situation in the oil market is fairly serious. WTI plumbed new lows last night, stopping within a whisker of...

Chinese Data Lifts FTSE By Fiona Cincotta - Mar 31, 2020 4

Chinese official manufacturing data for March, the period when Chinese factories started reopening after the worst of the coronavirus and after movement restrictions started gradually being lifted,...

Jobless Claims Shock Markets By Fiona Cincotta - Mar 27, 2020

The shockingly high number of new jobless claims in the US yesterday has poured icy water on the market's recent rallies, causing the FTSE and other European gauges to open lower. Rising to 3.3...

FTSE Snaps 3 Day Winning Streak By Fiona Cincotta - Mar 27, 2020

The FTSE has opened on the back-foot snapping three straight sessions of gains. Despite the slip lower this morning the UK index is still on track for gains in the region of 10% across the week, its...

GBP Advances As BoE Ready To Do More By Fiona Cincotta - Mar 27, 2020

After two between meetings rate cuts, it was hardly surprising that the BoE stayed pat on monetary policy today. The central bank voted to keep interest rates on hold at record low levels of 0.1%...

Stimulus Optimism Fades By Fiona Cincotta - Mar 26, 2020

The good mood over the massive US stimulus package finally approved by the Senate late Tuesday dissipated this morning and the FTSE again clocked losses, led by banks and British Land. The standout...

And The Awful Data Begins.... By Fiona Cincotta - Mar 26, 2020

After two straight sessions of gains European markets are heading lower on Thursday. Fiscal stimulus to the tune of just under $3 trillion from Germany and US brought 2 days of blockbuster rallies....

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