London midday: Stimulus hopes increase ahead of ECB meeting
3rd Sep 2012 11:29
- ECB to meet Thursday, all eyes on Draghi - Chinese data disappoints, prompts expectations for stimulus - Glencore/Xstrata merger at risk ahead of vote UK stocks were making strong gains on Monday morning with miners leading the way as investors showed optimism that central bankers will act to boo
Read moreLondon open: Miners gain as stimulus hopes lift the mood
3rd Sep 2012 08:12
- Chinese PMI drops, but stimulus hopes increase - US data in focus ahead of Fed meeting - Eyes turn to ECB conference Stock markets across Europe opened moderately higher on Monday morning as some gloomy data from China spurred hopes that the country would join the list of nations who are expecte
Read moreFTSE 100 movers: Miners lead the risers
31st Aug 2012 14:33
Mining stocks were making gains on Friday, rebounding after bearing the brunt of 'risk-off' trade over the past few days. Even including today's rally, average share prices in the mining sector are down 3.4 per cent over the week. Potential merger partners Glencore and Xstrata were performing well
Read moreLondon midday: Waiting to see what's up Bernanke's sleeve
31st Aug 2012 11:40
- All eyes on Bernanke - Merkel asks Italy to delay bailout request - Redrow Chairman makes takeover approach The Footsie had moved into positive territory by Friday lunchtime following three straight days in the red, though gains were only mild as investors showed caution ahead of a pivotal speec
Read moreLondon open: Tentative start ahead of Bernanke speech
31st Aug 2012 08:32
- All eyes turn to Bernanke - Mining stocks wanted early on after recent losses - Redrow Chairman makes takeover approach Stock markets across Europe have been rather subdued over the past few days and the opening hour of Friday's session was no different as investors continued to show caution ahea
Read moreLondon close: Gains erased as poor data dents stocks
23rd Aug 2012 16:55
- FOMC minutes drive optimism for stimulus - Spain in bailout talks - PMIs disappoint in Eurozone and China Stimulus hopes for the US pushed the Footsie higher early on, but disappointing economic data across the globe meant that the bullish mood was short-lived, with gains erased by the close. M
Read moreSector movers: Randgold and Anglo lead miners higher after Fed minutes
23rd Aug 2012 16:30
Last night's release of the minutes of the latest policy-setting meeting in the US drove stocks higher today, with mining stocks gaining on hopes that the Federal Reserve will inject more stimulus to give the world's largest economy a kick start, lifting the outlook for demand. Randgold was a high
Read moreFTSE 100 movers: Randgold up on Mali government news
23rd Aug 2012 14:59
Randgold was a high riser today after releasing a statement to welcome the appointment of a new interim government in Mali which its said 'represents a further step towards the full normalisation of the country following the coup attempt earlier this year.' Miners on the whole were making gains to
Read moreLondon midday: Miners gain on QE hopes, Randgold jumps
23rd Aug 2012 11:44
- QE hopes drive stocks early on - Gains pared after Eurozone data - Randgold leads miners higher The Footsie was teetering around the 5,800 level by Thursday lunchtime as earlier optimism surrounding a potential policy easing in the US was tempered by some weak manufacturing data from the Eurozone
Read moreLondon open: Stimulus hopes drives gains after Fed minutes
23rd Aug 2012 08:44
- QE hopes increase after FOMC minutes - The ball is in Greece's court, says Juncker - Chinese manufacturing PMI falls to nine-month low Stocks bounced back after a sell-off yesterday as the details of the latest policy-rate setting meeting in the US showed that the Federal Reserve could embark upo
Read moreLondon close: Stocks sink ahead of Fed minutes
22nd Aug 2012 16:40
- Concerns about Japan and Greece pressure stocks - FOMC minutes eyed - CBO warns about 'fiscal cliff' Following steep falls from the off, losses on the Footsie were cemented today after a poor start on Wall Street as global equity markets reacted poorly to economic data from Japan and ongoing issu
Read moreFTSE 100 movers: Miners down on Japanese data
22nd Aug 2012 14:32
Metals and mining stocks dropped today after Japanese trade data disappointed, weighed on the outlook for demand. BHP Billiton fell after saying that weakness in commodity markets and industry-wide cost pressures resulted in earnings declining in the first half. The group also decided against spen
Read moreLondon midday: Footsie drops one per cent as miners fall
22nd Aug 2012 12:01
- Greece to request two more years - Japanese trade deficit concerns miners - BHP sees earnings fall in the first half London's FTSE 100 was trading a whole per cent lower by Wednesday lunchtime as markets focused on concerns about Greece and some gloomy economy data from Japan. "Traders' profit h
Read moreBroker tips: Fresnillo, Lonmin, Spirax-Sarco
22nd Aug 2012 11:59
Gold and silver miner Fresnillo is 'well-placed for recovery', that's according to Galvan Research and Trading, which has labelled the stock as a 'buy'. "Fresnillo's bumper production levels look to have been sufficient to ride out the post September decline in precious metals prices, placing the m
Read moreBroker snap: Galvan labels Fresnillo as a 'buy'
22nd Aug 2012 11:54
Gold and silver miner Fresnillo is 'well-placed for recovery', that's according to Galvan Research and Trading, which has labelled the stock as a 'buy'. The group reported record levels of gold output in the second quarter while silver production increased quarter-on-quarter, it was announced last
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