Monday,25 November 2024 16:20:47

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.

Monday,25 November 2024 at 16:17

European stocks inch higher as global markets rally; UniCredit falls 4% after making offer for Banco BPM.

US open: Strong start to holiday-shortened trading week.

Oil prices steadied on Monday following 6% gains last week, with mounting tensions between Western powers and major oil producers Russia and Iran raising fears of supply disruptions and keeping a floor under prices

Gold prices declined as much as 2% on Monday as investors booked profits following a five-session rally to a three-week high, while the announcement of fund manager Scott Bessent as the new U.S. Treasury Secretary tempered safe-haven buying.

Barclays Bank has been fined £40m by Britain’s financial regulator over alleged secret payments to Qatar during the 2008 global financial crisis to avoid a UK government bailout.

Shares in ITV surged on Monday following a report over the weekend that potential suitors have begun circling the broadcaster again after a prolonged period of share price weakness and renewed questions about its long-term strategic destiny.

Markets

16:15

FTSE 100 8,303 +0.50%

FTSE 250 20,722 +0.69%

DAX 19,424 +0.53%

16:15

Dow Jones 44,690 +0.89%

S&P 500 5,990 +0.36%

NASDAQ 19,080 +0.42%

Fixed Income

UK 10-YR YIELD 4.326

Exchange Rates

GBP/USD 1.255

GBP/EUR 1.196

Commodities

Gold $2,627.20 -3.27%

Brent $73.33 -2.45%

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.