Footfall in UK retail destinations fell in November but was still a "much improved" result when compared to July, when footfall was 24. 2% below 2019 levels.
Wall Street stocks turned sharply to close well below the waterline on Wednesday, as the US confirmed its first case of the ‘Omicron’ variant in California.
The market spotlight on Thursday will be on OPEC+ energy ministers as they meet to decide on whether to move ahead with a 400,000 barrel per day increase in their combined output come January or not.
European markets continued their roller-coaster Omicron Covid-variant volatility ride on Wednesday but on this occasion upwards.
Vaccinating people around the entire globe could cost a staggering $50bn, but it would be worth the effort, even if only because of the rather higher cost of not doing so, the rich world´s economic watchdog argued.
London stocks ended sharply higher on Wednesday as worries about the Omicron Covid variant eased.
Analysts at Berenberg raised their target price on media firm Future from 4,890. 0p to 5,225. 0p on Wednesday following the publication of the group's solid full-year results.
London’s FTSE 250 was up 1. 6% at 22,882. 22 in afternoon trade on Wednesday.
London’s FTSE 100 was up 1. 4% at 7,155. 57in afternoon trade on Wednesday.
Wall Street stocks were in the green early on Wednesday as Omicron variant-fuelled volatility continues.
Private sector employment in the US grew a little more than expected in November, according to the latest data from ADP.
Barclays upgraded Dr Martens to ‘overweight’ from ‘equalweight’ on Wednesday, keeping the price target at 480p, as it argued that the iconic footwear company has an "attractive brand with many levers to drive revenue and EBITDA growth".
JPMorgan initiated coverage of Tritax Big Box at ‘overweight’ on Wednesday with a 265p price target as it noted the company has a significant landbank of development opportunities.
Bourses around the region were mostly higher on Wednesday even after the head of the US central bank sounded a more hawkish note overnight and the head of US vaccine maker Moderna said current vaccines would struggle with Omicron, the new variant of Covid-19.
Fund manager Liontust Asset Management said on Wednesday that interim profits had tripled as revenues soared throughout the half.
Wall Street futures were in the green ahead of the bell on Wednesday following another day of heavy, Omicron-fuelled losses in the previous session.
London stocks were still firmly in the black by midday on Wednesday as travel and hospitality shares rebounded from recent Omicron-fuelled losses.
European markets continued their roller-coaster Omicron Covid-variant volatility ride on Wednesday morning as shares extended gains from the morning session.
Energy company SSE's wholly-owned subsidiary Scottish and Southern Electricity Networks Distribution published its final business plan for Ofgem's RIIO-ED2 price controls on Wednesday.
Bitcoin maintained its rebound on Monday and Tuesday, along with other risk assets, but failed to break above $60,000, yet again being pressured downwards. The November close has been above $57,000, which means a drop for the queen of the 'cryptos' of 7%. All in all, its annual boom remains at 100% and optimists still expect the crypto-asset to stage a rally to $70,000 before the end of the year. In recent hours, due to the words of Federal Reserve (Fed) Chairman, Jerome Powell, Bitcoin´s rises have been limited above $59,000.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news and we may not share the views of the author or publisher. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.