Tuesday,19 December 2023 16:52:32

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Tuesday,19 December 2023 at 16:53

UK and European markets moved higher, rebounding slightly from lacklustre trade in the previous trading session.

The U.S. dollar jumped against the yen after the Bank of Japan gave no sign that its ultra-loose monetary policy was set to end.

Oil prices advanced as attacks by Yemen’s Iran-aligned Houthi militants on ships in the Red Sea disrupted maritime trade and forced companies to reroute vessels.

Gold prices gained as investors looked ahead to U.S. economic data that could provide further indications on the outlook for interest rates.

EasyJet's shareholders have voted overwhelmingly in favour of the company's planned purchase of 157 A320neo family aircraft from manufacturing giant Airbus.

The proposal, which will see the airline buy 157 planes along with purchasing rights for a further 100, was set out in October and is expected to cost $19.9bn spread out over a number of years.

Markets

At the close

FTSE 100 7,638 +0.31%

FTSE 250 19,315 +0.50%

DAX 16,748 +0.59%

At 16:45

Dow Jones 37,519 +0.57%

S&P 500 4,761 +0.45%

NASDAQ 14,977 +0.49%

Fixed Income

UK 10-YR YIELD 3.652

Exchange Rates

GBP/USD 1.275

GBP/EUR 1.161

Commodities

Gold $2,046 +0.97%

Brent $79.33 +1.76%

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.