Sector movers: Financials and Oil pace gains, China in the spotlight
29th Nov 2022 21:30
(Sharecast News) - Financials and Miners paced gains in the stock market on Tuesday following news that authorities in China wanted to strengthen vaccination rates among those over 80.
Read moreOil prices fall sharply on Chinese unrest
28th Nov 2022 12:36
(Sharecast News) - Oil prices fell on Monday, as rare social unrest in China weighed heavily on both equities and commodities.
Read moreEU fails to agree on Russian oil price cap, talks set to continue
24th Nov 2022 05:32
(Sharecast News) - European Union ambassadors failed to agree on the exact level of a proposed price cap on exports of Russian crude oil overnight.
Read moreUS and EU set to announce price cap for Russian oil on Wednesday
23rd Nov 2022 10:59
(Sharecast News) - Washington and its allies were set to announce the level of the price cap for exports of Russian crude oil on Wednesday.
Read moreChinese buyers pause some purchases of Russian crude ahead of price cap details
22nd Nov 2022 10:18
(Sharecast News) - Chinese buyers of Russian Eastern Siberia Pacific Ocean crude oil had paused their purchases ahead of the expected announcement of Washington's proposed oil price cap.
Read moreWednesday preview. Fed meeting minutes, Johnson Matthey in focus
22nd Nov 2022 10:03
(Sharecast News) - The market spotlight on Wednesday was expected to be on the release of the minutes of the US central bank's most recent policy meeting.
Read moreGoldman says bear market 'not yet over'
22nd Nov 2022 09:10
(Sharecast News) - Goldman Sachs expected global equities to begin moving into a new bull market in 2023 - but from lower levels.
Read moreSector movers: Oil stocks drag amid concerns around Chinese reopening
22nd Nov 2022 02:59
(Sharecast News) - Big Pharma and Utilities paced gains at the start of the week, as investors shifted towards defensive issues following reports of the first Covid-19 deaths in China since the end of the second quarter, which stoked concerns that Beijing might slow the reopening of its economy.
Read moreBP quarterly profits surge
1st Nov 2022 07:00
(Sharecast News) - BP Group reported a surge in quarterly profits on Tuesday, well ahead of City expectations, after Russia's invasion of Ukraine pushed oil and gas prices to historic highs.
Read moreHunt considering energy windfall tax hike to 30pc
31st Oct 2022 07:47
(Sharecast News) - Energy firms could face windfall taxes as high as 30%, and an extension of its imposition by three years, according to fresh reports late on Sunday.
Read moreThursday preview: ECB, Shell in the spotlight
26th Oct 2022 12:40
(Sharecast News) - All eyes on Thursday will be on the European Central Bank which is expected to announce a 75 basis point interest rate hike in interest rates to 2.0%.
Read moreThursday preview: ECB, Shell in the spotlight
26th Oct 2022 12:40
(Sharecast News) - All eyes on Thursday will be on the European Central Bank which is expected to announce a 75 basis point interest rate hike in interest rates to 2.0%.
Read moreShell warns weaker gas trading will hit Q3 profits
6th Oct 2022 07:50
(Sharecast News) - Shell on Thursday warned third-quarter profits would be hit by a sharp decline in oil refining margins and weaker natural gas trading.
Read moreWednesday preview: Truss speech, global services PMIs in focus
4th Oct 2022 10:49
(Sharecast News) - All eyes on Wednesday will be on the Prime Minister's speech at the Conservative Party conference.
Read moreSector movers: Telecoms, homebuilders pace gains
3rd Oct 2022 16:06
(Sharecast News) - Interest rate sensitive sectors were topped the leaderboard after the government walked back on a proposed tax cut for top earners.
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