City Index

The FTSE and European markets are following Asian markets overnight and tanking lower. Risk aversion is back with a bang, even after the Federal Reserve threw the kitchen sink at shielding the US...

Coronavirus panic selling hit stocks and asset classes across the board on Thursday. The FTSE closed down over 10%, the DAX 12% and U.S. stock indices ended the session 9-10% lower. Ironically on...

European markets are picking up the pieces after one of the worst trading days in 30 years. The FTSE opened nearly 6% higher but wasn’t able to hold on to this level, slipping back to the 5,400...

Coronavirus panic selling hit stocks and asset classes across the board on Thursday. The FTSE closed down over 10%, the DAX 12% and US stock indices ended the session 9-10% lower. Ionically on Friday...

President Trump’s decision to suspend all flights to and from Europe for the next 30 days has moved the coronavirus crisis to a whole new level in which fear, panic and suspicion will do more...

European markets are in shock after the US decided to suspend all flights in and out of Europe for the next month, except for flights from the UK.  The FTSE plunged more than 6% this...

Indices across Europe have opened sharply lower on Thursday. The FTSE has plunged 5% and U.S. futures are also pointing a 5% drop when Wall Street opens later in the day.Risk sentiment was initially...

The Bank of England surprised the markets by cutting interest rates by 50 basis points, trying to shelter the UK economy from economic damage that could be inflicted by the spread of the...

GBP/USD is clawing back loses after the BoE made an emergency 50 basis point rate cut early on Wednesday, in an unscheduled move. This takes the interest rate from 0.75% to 0.25%, ahead of the...

There is a sense of relief in the markets this morning after yesterday’s assault on stocks and commodities stopped, and in some cases, reversed. In a first major reaction to the virus by the US...

The markets are stabilising after the biggest rout since the financial crisis on Monday. US futures are on the rise, US bond yields are picking up, Asian markets traded higher overnight, and crude has...

The toxic combination of an oil price collapse along with escalating coronavirus fears is setting the scene for one of the wildest days in years for global markets and US indices.Panic selling is...

The gloves came off in the oil market and the ensuing crash in prices pulled stock markets, and bonds down with it. The FTSE is trading down more than $8.5% with oil stocks leading a bloody selloff....

 Asian markets closed uniformly in the red this morning and now European markets are following in the same direction. With so much uncertainty about the global spread of the coronavirus and the...

Oil has been unable to hold onto earlier gains and is once again trending southwards on Thursday ahead of the highly anticipated OPEC meeting.Saudi Arabia is expected to push the OPEC group plus...

FTSE Weaker As Evraz, ITV Plunge  In a move that is fairly unusual, European markets are trading in a different direction from Wall Street - the FTSE and European markets are declining this...