City Index

The FTSE is trading lower and US futures are pointing to a weaker opening in the face of the inexorable corona spread on both continents. With the US now rising to the third highest place in terms of...

Asian stocks sank on Monday and European stocks are heading for a lower start on the open, as countries across the globe adopt increasingly stricter measures to stop the spread of coronavirus. These...

Gold is on the rebound on Friday, paring some of the losses from the previous 2 session. The precious metal is down over 10% over the past fortnight.Rather than bounding higher on safe haven flows,...

A glimmer of hope on the FTSE from an unexpected quarter: tourism and travel. InterContinental Hotels Group updated the markets about its operations and although much of the update was what investors...

European markets look set to follow Wall Street and Asia higher, as the risk tone in the market has improved slightly after another volatile week. The dollar is pausing for breath after its 8 day...

GBPUSD is gaining strength after yesterday’s bloodbath, thanks to another move by the BoE.Andrew Bailey has hit the ground running, just three days into his new jobs, cutting interest rates by...

After yet another historic selloff it the previous session, which saw equities, bonds and crude oil take a hammering as investors liquidated into cash, today is showing signs that the sell off at...

The FTSE may be down over 4% but Morrisons has soared 11% across the morning session, thanks to business rates holiday, consumers stockpiling and the recession proof nature of...

The generous stimuli and support packages unveiled by the US, British and other European governments are slowing down the declines in the stock markets but are not enough to stem the corona-induced...

The bloodbath is resuming on Wednesday. After recording gains of 2.7% in the previous session, the FTSE is plunging lower in early trade as the Chancellor’s blowout bailout has failed to...

EUR/USD has dropped through $1.10 to its lowest level since late February, amid a rush for the safe haven dollar.German ZEW sentiment data caused an already panicked market to fret some more. The ZEW...

Britain has woken up to its first day of the new corona regime in which the country has been told to avoid any unnecessary social contacts, travel and public gatherings and some businesses have...

Blink and you missed it. The FTSE very briefly moved higher on Tuesday before resuming the sell off. The move lower comes after the Dow closed on Monday down 12.9% in its worst one day sell off in...

With more countries closing their borders and restricting movement the impact on the aviation industry will be unprecedented, worse than 9/11. The same industry which helped spread the virus is also...

The coronavirus spread across Europe is intensifying and countries are moving into uncharted territory in terms of economies and businesses as European borders are closing, schools are shutting down...

The FTSE and European markets are following Asian markets overnight and tanking lower. Risk aversion is back with a bang, even after the Federal Reserve threw the kitchen sink at shielding the US...