Wednesday,17 January 2024 08:26:47

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.

Wednesday,17 January 2024 at 08:29

UK inflation rises to 4%; negative sentiment to weigh on European stocks as investors monitor Davos.

Hong Kong shares plunge 4%, mainland China stocks tumble to near 5-year lows.

Oil prices fall as stronger dollar offsets Red Sea disruptions risks.

Gold extends slide as dollar firms on hawkish Fedspeak.

BP names its former chief financial officer Murray Auchincloss as its permanent chief executive, after having served in an interim capacity for the past four months.

Pearson reported a strong 2023 financial performance in an update, with a 5% increase in underlying group sales.

Markets

8:25am

FTSE 100 7,456 (1.36%)

FTSE 250 19,050 (1.27%)

DAX 16,408 (0.097%)

the close

Dow Jones 37,361 (0.62%)

S&P 500 4,765 (0.37%)

NASDAQ 14,944 (0.19%)

Fixed Income

UK 10-YR YIELD 3.896

Exchange Rates

GBP/USD 1.267

GBP/EUR 1.164

Commodities

Gold $2,027 (0.15%)

Brent $77.25 (1.33%)

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.