Tag: FTSE 100
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SoftBank’s Arm and CRH choose New York listing in one fell swoop for London
Arm said in a statement Friday that it wants to list only in the US this year. It comes shortly after CRH, one of the largest companies in the FTSE 100, said it plans to move its primary listing to New York. The news is likely to reinforce fears that the UK stock market will […]
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stocks, data, earnings and news
3 hours ago Consumer confidence in the eurozone rose in February Eurozone consumer confidence rose in February, according to a preliminary estimate by the European Commission. Confidence rose 1.7 points from January to -19.0. The estimate was in line with analysts’ forecasts from Reuters. Although consumer confidence has improved for four months in a row, […]
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UK stock index FTSE 100 closes above 8,000 for the first time
Despite the UK facing the weakest economic growth prospects of any of the world’s major economies, including Russia, the country’s blue chip index hit record highs this week. In addition to the near-term market factors catalyzing investment flows into UK equities, analysts see more structural shifts in investor behaviour. “Boring is the new sexy. With […]
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A ‘cocktail’ of sticky inflation and a tight labor market boosts bets on Bank of England rate hikes
According to data from Refinitiv, the market probability of a further 25 basis point increase rose to more than 73% at the next meeting of the Monetary Policy Committee on Wednesday. Annual inflation in the UK fell for a third consecutive month to 10.1% in January, below consensus forecasts, even as high food and energy […]