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.

Friday,19 May 2023 at 15:55

UK and European markets closed higher despite Republican negotiators halting ongoing debt ceiling negotiations.

The dollar moved higher as robust economic data reduced the chances of a series of U.S. rate cuts this year.

Oil prices rebounded as investors turned cautiously optimistic over the fading risk of a U.S. debt default.

Gold prices advanced but increased optimism around a U.S. debt limit deal set prices on track for a weekly drop.

Drinks company C&C Group said chief executive David Forde had decided to step down as it also announced a €25m hit from problems implementing a system upgrade in its Matthew Clark and Bibendum (MCB) businesses in the UK.

The company, which owns the Magners cider brand and distributes China's Tsingtao beer, on Friday said Forde would be replaced by chief financial officer Patrick McMahon.

At the close
FTSE 100 7,756 +0.19%
FTSE 250 19,289 (-0.05%)
DAX 16,291 +0.79%
At 16:50
Dow Jones 33,427 (-0.32%)
S&P 500 4,189 (-0.21%)
NASDAQ 12,654 (-0.27%)
Fixed Income
UK 10-YR YIELD 3.993
Exchange Rates
GBP/USD 1.246
GBP/EUR 1.152
Gold $1,976 +0.93%
Brent $75.59 (-0.42%)
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 © 2023 - Ramsey Crookall & Co. Ltd
Building Personal Finance Futures London Stock Exchange