FTSE 100 flat, FTSE 250 down 0.3 Commoditylinked stocks rise Britain39;s prelim PMI for Oct due Wednesday Oct 21 Reuters Britain39;s benchmark index was largely flat on Monday as gains in commoditylinked stocks were offset by losses in utilities, while investors await insights from Bank of England BoE officials this week. The bluechip FTSE 100 held […]

Oct 21 Reuters Major stock markets in the Gulf were mixed in early trade on Monday amid simmering tensions in the region and weakening oil prices. Hundreds of Beirut residents fled their homes late on Sunday with multiple explosions heard across the Lebanese capital, as Israel prepared to attack sites linked to the financial operations of Lebanon39;s […]

NEW YORK, Oct 21 Reuters The dollar climbed on Monday, buoyed by a rise in U.S. bond yields, as solid U.S. economic data suggested the Federal Reserve can afford to be patient in cutting rates while investors positioned for the Nov. 5 presidential election. The greenback has risen for three straight weeks as a run of […]

  LONDON, Oct 21 Reuters The pound fell on Monday as investors focused on the relative strength of the U.S. economy, pushing up the dollar. Sterling was last down 0.2 at 1.3023, just above Thursday39;s twomonth low of 1.2975. The euro was up 0.1 at 83.35 pence, although it remained near its lowest level in […]

EURUSD Three consecutive weeks of decline, EURUSD traded almost unchanged today at 1.0861 after USD index traded slightly higher today. After cutting the rates by ECB last week, traders are likely to shift the focus to more macro numbers in this week that include manufacturing services PMI and ECB President Lagarde speech on Tuesday. As […]

Silver scales highest level since late 2012 For gold, 2,800 a viable yearend target, analyst says China cuts key lending rates to support growth Oct 21 Reuters Gold rose to a fresh high on Monday, extending its blazing rally amid uncertainties surrounding the U.S. election, simmering Middle East tensions and rate cuts by major central […]

MUMBAI, Oct 21 Reuters The Indian rupee was nearly unchanged on Monday as pressure on account of outflows was blunted by dollar offers from staterun banks, with traders expecting the Reserve Bank of India RBI to defend the currency against sharp declines. The rupee was at 84.07 against the U.S. dollar as of 1030 a.m. […]

Forvia jumps on supply deal with China39;s BYD, Xiaomi JDE Peets surges on Mondelez39;s share acquisition SAP earnings due after market close Oct 21 Reuters European shares struggled for direction on Monday, after two backtoback weekly gains, ahead of a series of marquee corporate earnings, although stabilising oil prices buoyed the energy sector. The continentwide […]

MADRID, Oct 21 Reuters Uncertainty in the market for new companies and high interest rates are hindering Spanish fashion retailer Tendam39;s plans for an initial public offering IPO, its chief executive officer said on Monday. It will be difficult for mediumsized companies to go public unless interest rates are lowered and the outcome of the […]

Vivek joins Bloomberg Intelligence’s Noel Hebert and Sam Geier on another special edition of Credit Crunch, recorded at the Greenwich Economic Forum.