April 2011 Archive

London open: Stocks move both ways after updates

Shares have edged slightly lower in early dealings with some big name company updates getting a poor reception, though there are some significant risers. Banking giant Barclays is lower after saw ...

Manufacturing recovery continues, CBI says

Britain's manufacturing recovery remains on track, industry body the CBI said today. It reported that 36% of manufacturers responding to its quarterly industrial trends survey reported an increase in output in ...

Slight gains in Spanish debt following auction

The Spanish Treasury this morning auctioned ?1.163bn in 3 month bills, at a marginal rate of 1.440%, versus 0.929% the last time around. The bid to cover ratio came in ...

Credit Suisse raises its forecast for UK inflation

In a research note published the day before Good Friday economists at Credit Suisse indicated that they do foresee a noticeable drop in the consumer price index (CPI) for towards ...

China raises its USD-CNY central parity, and lowers taxes

Asian equity benchmarks were weighed down today, mainly on the back of "renewed concerns over Middle-East tension after violence broke out in Syria overnight", according to analysts at Bank of ...

FX round-up: Dollar broadly lower in light trading

The dollar was broadly lower in light trading on Monday with many global markets closed for the Easter holiday and traders reluctant to take new positions ahead of the Federal ...

London open: Miners under pressure

Trading has got off to a quiet start after the Easter break, though the mining sector is suffering from falling metals prices. However, it is news of a strike at its ...

Surprise rise in UK retail sales

The volume of retail sales in the United Kingdom grew by 0.2% on month (1.3% on year) in March, according to the the Office of National Statistics (ONS). Consensus estimates ...

German business confidence data disappoints

The German IFO Institute's business climate indicator for the month of April has come in at 110.4 points, following the previous month's 111.1 points reading, when market consensus was for ...

London open: Rally continues after Wall Street surge

Another stonking performance by US stocks overnight has sent shares higher still, with this morning's company updates also sparking buying interest. William Hill raced ahead after the bookmaker reported good growth ...

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