Full List Of Stories
Commodities: Quiet day for oil as possible US sanctions on Venezuela loom
Oil markets saw little change on Monday as the market readied itself for a potential fallout between the US and Venezuela following Sunday's election, after it was labelled a "sham" by Washington.
Monday newspaper round-up: Brexit, estate agents, Prudential, motoring
Britain will not slash taxes and regulations after Brexit to undercut European rivals, Philip Hammond has said. In a marked softening of tone, the chancellor said that Britain’s social, economic and cultural model would remain “recognisably European” after it left the EU. - The Times.
Commodities: Gold ends week on a high thanks to subdued US data and weaker dollar
Gold rose to a six-week high in Friday's trading, aided by an ever weaker US dollar and worse than-expected US inflation, dampening expectations of a raise in interest rates.
London close: Stocks end lower; tobacco shares tank
London stocks ended in the red on Friday as tobacco shares took a tumble and following a series of disappointing corporate releases.
Commodities: Gold lower on the day after initial Fed-fuelled rally
Gold rallied overnight after the release of the Fed’s policy statement, initially continuing into the London session on Thursday, with oil prices also retaining their relative strength.
FX round-up: No change at the Fed adds to dollar weakness
The release of the FOMC statement overnight saw a rise in cable on Thursday, although the Fed brought little in the way of surprise with regards to their stance on key interest rates, which were left unchanged at 1. 25%.
FX round-up: Aussie recovers from overnight weakness after CPI falls short
The Aussie lost some ground against the US dollar in overnight trading as figures showed quarter-on-quarter inflation missed expectations of 0. 4% with a print of just 0. 2%.
London close: Stocks close slightly higher as ITV rallies; UK GDP digested
London stocks ended Wednesday's session sightly higher following a well-received update from broadcaster ITV and a deluge of other earnings news, as investors digested the latest reading on the UK economy, which met expectations.
FX round-up: Euro trades at two-year highs aided by continued dollar weakness
Currency movements in Tuesday's session were a little more exciting than they were at the start of the week, with sterling up against the dollar and the euro following suit, with EUR/USD trading at two-year highs.
Commodities: Profit-taking hits gold ahead of FOMC statement
Tuesday saw some money coming off the table as investors looked to be taking some profits on gold ahead of Wednesday's FOMC statement after a month high of $1,258 was hit in the previous session.
London close: FTSE pushes higher with help from miners
London stocks closed higher on Tuesday, underpinned by strength in the mining sector as investors digested a flurry of earnings reports.
FX round-up: Slow news day pushes dollar index higher, euro moves fail to excite
News of any major impact was a bit thin on the ground on Monday, leading to subdued moves on the FX market.
Commodities: Oil gains as caps to production agreed by JMMC
After suffering heavy losses at the end of last week, oil received a push higher on Monday on the back of talks in Russia between OPEC and non-OPEC countries regarding global output and price stability.
London close: FTSE ends in the red as airlines hit by Ryanair Brexit warning
London stocks ended in the red on Monday, with airlines under the cosh as Ryanair warned over the potential fallout from Brexit.
Commodities: Increasing supply of oil weighs heavy on the market
An over supply of crude from Nigeria and Libya of approximately 1m barrels per day weighed heavily on the oil market on Friday with September contracts for both WTI crude and Brent crude down 2. 28% and 2. 29% respectively.
FX round-up: Lack of data release makes way for indecisive Cable moves
On Friday sterling managed to recover most of its losses against the US dollar from prior session posting a morning high of 1. 3020, only managing to touch psychological resistance of 1. 3000 briefly.
London close: FTSE profit taking kicks shares into red
UK stocks were lacklustre on Friday as oil and stocks plunged but investors mulled yet more waxing and waning of Brexit negotiations, proving that uncertainty is the only certainty surrounding the issue.
Commodities: Weaker dollar aids gold and silver buyers
A worse than expected Philly Fed index reading dealt a further blow to US dollar strength today, which has seen gradual weakness since the start of the year as measured by the dollar index (a broad measure of us dollar strength/weakness measured against a basket of currencies) which has seen a fall from 103. 210 in January to 94. 121 today (1700 BST).
FX round-up: Positive retail sales figures fail to excite GBP traders
Figures released by the Office of National Statistics this morning showed an increase in month-on-month UK retail sales, with a print of 0. 6% and year-on-year sales at 2. 9%. Both figures beating market forecasts of 0. 4% and 2. 5%, respectively.
FX round-up: Calm ahead of ECB, BoJ storm?
A fairly quiet day of trading was seen today with a string of medium impact data released from the U. S. with the main focus being on housing and building.