Latest News
25 Aug
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US close: Stocks rise on hopes Fed will press pause

After a tentative start, US stocks finished Friday’s session with decent gains after the head of the Federal Reserve failed to drop any new bombshells on the market during a much-anticipated speech.

25 Aug
Europe close: Shares slip on Powell inflation remarks; WoS tanks

European shares closed marginally lower on Friday after US Federal Reserve chair Jerome Powell told the Jackson Hole symposium in Wyoming rates could rise again to quell inflation he thought was "still too high".

25 Aug
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London close: Gains erased as Fed chair gives cautious outlook

UK stocks reversed earlier gains to trade broadly flat by the close on Friday, as comments from Federal Reserve chair Jerome Powell at the closely watched Jackson Hole conference dampened risk appetite.

25 Aug
Weekly review

The FTSE 100 ended the week up 76. 15 points, or 1. 05%, closing at 7,338. 58 on Friday.

25 Aug
CMC Markets shares slump on operating income warning

Financial trading platform CMC Markets said annual net operating income would be lower than last year as revenues continued to fall in a "challenging" environment.

25 Aug
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Powell warns inflation still 'too high'

US interest rates could still be on the way to battle inflation that is "too high", Federal Reserve Chair Jerome Powell warned on Friday.

25 Aug
FTSE 250 movers: WoS tanks after Rolex deal; Aston Martin accelerates

Shares in Watches of Switzerland slumped by a fifth after news that Rolex had bought jeweller Bucherer AG.

25 Aug
FTSE 100 movers: Subdued market sees little corporate action

London stocks were firmer by midday on Friday as investors turned their attention to the Jackson Hole symposium in Wyoming, in particular speeches by Federal Reserve chair Jerome Powell and ECB president Christine Lagarde.

25 Aug
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Director dealings: BT non-exec, Aquila Services chair buy shares

BT Group was on the list of director purchases on Friday, after a non-executive director picked up almost $0. 1m worth of shares.

25 Aug
US Open: Shares start higher with all eyes on Powell speech

US stocks rose at the open on Friday as Wall Street investors awaited Federal Reserve Chairman Jerome Powell’s Jackson Hole speech.

25 Aug
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Europe midday: Shares rally ahead of Jackson Hole; WoS tanks on Rolex deal

European shares rallied after a tepid start on Friday as investors awaited the speeches by Federal Reserve chair Jerome Powell and ECB president Christine Lagarde at the Jackson Hole symposium in Wyoming for any clues on the future path of interest rates.

25 Aug
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London midday: Stocks firmer ahead of Powell, Lagarde speeches

London stocks were firmer by midday on Friday as investors turned their attention to the Jackson Hole symposium in Wyoming, in particular speeches by Federal Reserve chair Jerome Powell and ECB president Christine Lagarde.

25 Aug
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Europe open: Shares muted as investors await Jackson Hole outcomes

European shares opened slightly lower on Friday in muted trade as investors awaited the speeches by Federal Reserve chair Jerome Powell and ECB president Christine Lagarde at the Jackson Hole symposium in Wyoming.

25 Aug
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US pre-open: Quiet start expected as markets await Powell speech

Futures on Wall Street were pointing to a subdued start on Friday, following heavy losses the previous session, as investors waited with caution for news coming out of the Jackson Hole Economic Symposium.

25 Aug
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IX Net Zero-linked Enphys looks to extend combination deadline

Energy transition investor IX Net Zero announced on Friday that its associate company, Enphys Acquisition Corporation, has taken preliminary steps to extend its deadline for initiating a business combination.

25 Aug
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German business sentiment deteriorates further

German business sentiment deteriorated further in August, according to a survey released on Thursday by the Ifo Institute.

25 Aug
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Falcon Oil's Australian partner completes farm-in commitments

Falcon Oil & Gas announced on Friday that its subsidiary, Falcon Australia, had received confirmation from its joint venture partner Tamboran regarding the completion of its 2014 farm-in commitments.

25 Aug
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Premier African raising £4m as it advances Zulu project

Premier African Minerals announced a decision to raise £4m before expenses on Friday, to help with the ongoing development of Zulu.

25 Aug
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Barclays expects strong H1 from Tesco, raises target price

Barclays has raised its target price for shares of Tesco ahead of the retailer's first-half results next month.

25 Aug
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Asia report: Stocks slide ahead of Jackson Hole, Tokyo inflation rate shrinks

Markets in the Asia-Pacific region recorded significant declines on Friday, as investors reacted to the latest inflation figures from Tokyo, and awaited potential cues on US monetary policy from the Jackson Hole meeting.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles 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.

The value of investments can fall and you may get back less than you invested.