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London open: Stocks gain as investors digest China trade figures
London stocks rose in early trade on Monday as investors mulled the latest trade data out of China.
Analyst expects more negative news for cryptos and more suffering for crypto related projects
Bitcoin embarked on a consolidation around $22,000 - $23,000 since a couple of weeks ago and has relaxed the mood of investors to such an extent that it invites confidence and the belief that the worst is behind us. The wave of bankruptcies in May and June went down in history as the 'Lehman moment' of the cryptoasset market, although experts warn that no one is safe in a sector completely exposed to economic ups and downs, as they are not few.
Oz Minerals rejects AUD8.3bn takeover offer from BHP
BHP said on Monday that it made an AUD8. 3bn takeover bid for Oz Minerals that was rejected.
Broking unit buoys profits at Clarkson
Shipping services company Clarkson reported a jump in interim profit, driven by its broking division.
London pre-open: Stocks seen up after mixed Asian session
London stocks were set to rise at the open on Monday following a mixed session in Asia.
Clarkson, PageGroup post jump in first-half profit
London pre-open The FTSE 100 was called to open 10 points higher at 7,458.
Monday newspaper round-up: City workers, energy bills, National Grid
City workers received double-digit wage rises while people on the lowest incomes were paid annual increases of just 1% in the last year, according to a study that illustrates the ability of better-paid workers to protect themselves from the cost of living crisis. The CEBR (Centre for Economics and Business Research) said workers in the banking and insurance sector had secured inflation-busting increases together with lawyers, accountants and professional services staff, mainly among those working in London’s financial district.
Fed's Daly, Bowman see need for more rate hikes, stress data-dependency
A top Federal Reserve official said that the US central bank was "far from done yet" when it came to lowering inflation.