UK stocks are trading flat this morning ahead of the latest policy announcement from the Bank of England.due at midday. The expectation is that the Bank of England will keep interest rates at record low levels. The current bond-buying program is also expected to remain unchanged although this may be subject to some dissent amongst
Stocks in the UK and Europe are higher this morning as investors digest latest PMI data. Strong US and European earnings boosted sentiment at the open despite increasing concerns over the rising Covid Delta variant cases across Asia. Data just released from IHS Markit shows Eurozone Services PMI data reported at 59.8 for July, indicating
Another big day for earnings reports today. UK stocks are up a little as markets are already digesting strong earnings today from Standard Chartered, Societe Generale and BP. Renewed worries about the spread of the coronavirus delta variant and global growth weighed on US stocks on Monday and Asian stocks today. Euro zone producer price
UK Stock-Market The UK stock-market was slightly higher over the week and European stocks were little changed. Concerns remain regarding the spread of the Covid delta variant but these are not weighing heavier on markets currently than positive economic news. Data showed that the eurozone grew by a faster-than-expected 2% in the second quarter. However,
Data from IHS Markit this morning shows that UK private sector growth was the weakest since March as shortages of staff and materials hinder recovery in July.
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