Market Report

Market Report by Email

If you would like to receive the daily Market Report by email please fill out your name and email address in the sign-up form below and you will be added to our mailing list.

* indicates required

Please select all the ways you would like to hear from Ramsey Crookall:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our email marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing.

Learn more about Mailchimp's privacy practices here.

Thursday,12 May 2022 at 16:12

BT has reached an agreement to create a joint venture with Warner Bros Discovery to bring together BT Sport with Eurosport UK in a deal worth up to £633 million.
A combination has been finalised to create the 50-50 partnership, following exclusive discussions in February, and which provides BT with a route to a potential full exit.
The partnership will bring together sports rights including the Uefa Champions League and Premier League football, Premiership rugby, the Olympic Games, tennis Grand Slams and the Tour de France.
Completion of the deal was announced alongside BT’s full-year results today, which were in line with expectations in the City and the telecoms group reiterated its annual forecasts.

UK & European stocks fell as investors remained concerned about slowing growth, interest rate hikes and inflation data from the U.S.
U.S. stocks pared morning losses as markets attempted to come back from a recent losing streak spurred by continued inflationary pressures and renewed worries the Federal Reserve's price-mitigating efforts may be more aggressive than anticipated.
Oil prices moved higher in a volatile week as recession fears dogged global financial markets.

Gold gained after U.S. consumer price data suggested inflation might have peaked in April. 

At the close:
FTSE 100 7,233 (-1.56%)
FTSE 250 19,480 (-0.85%)
DAX 13,739 (-0.39%)
At 17:00:
Dow Jones 31,579 (-0.80%)
S&P 500 3,912 (-0.60%)
NASDAQ 11,353 (-0.10%)
Fixed Income
UK 10-YR YIELD 1.665
Exchange Rates
GBP/USD 1.219
GBP/EUR 1.175
Gold $1,834 (-0.98%)
Brent $107.27 +0.30%
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.

We use cookies to improve your experience on our website.
By continuing to browse, you agree to our use of cookies. Cookie Policy

Members of the London Stock Exchange and PIMFA | Licensed by the Isle of Man Financial Services Authority (IoMFSA) Registered Office: Ramsey Crookall and Co. Ltd., 38/42 Athol Street, Douglas, Isle of Man, IM1 1QH
Copyright © 2022 - Ramsey Crookall & Co. Ltd
Building Personal Finance Futures London Stock Exchange