Market updates
The Australian and New Zealand
December 06, 2022 06:13 PM AEDT | By Team Kalkine MediaThe Aussie fell 0.3% to $0.6703, after gaining 0.6% overnight to as high as $0.6740. It faces resistance around $0.6850, while having support at $0.66...
FTSE edges higher as traders optimistic about BoE's monetary policy
November 02, 2022 12:25 AM AEDT | By Abhishek SharmaUK Market:,The UK stock market was in an upbeat mood on Tuesday, ahead of the Bank of England's (BoE) monetary policy meeting scheduled for this week....
FTSE 100 moved higher amid windfall tax speculations
November 01, 2022 12:45 AM AEDT | By Rishika RainaEnergy and banking stocks were in the limelight amid the spiraling windfall tax speculations.
FTSE 100 trades in red as big tech firms disappoint investors
October 29, 2022 12:08 AM AEDT | By Abhishek SharmaUK Market,: The UK stock market was trading in the red on Friday, with the blue-chip FTSE 100 index down over 0.56% at around 1:30 pm GMT+1. The mid-c...
FTSE moved higher on Thursday, oil stocks lead
October 28, 2022 12:28 AM AEDT | By Rishika RainaOil giants, including BP and Shell, were among the blue-chip risers that dragged the index upwards amid the busy period for corporate results.
FTSE 100 slides as Sunak faces first PMQs
October 27, 2022 12:26 AM AEDT | By Rishika RainaMarket analysts believe that the investors are desperately looking forward towards a more stable economic setup.
FTSE 100 slips as UK gets a new PM
October 25, 2022 11:57 PM AEDT | By Abhishek SharmaUK Market:,The UK market was in a mixed mood on Tuesday after the country got its third prime minister this year. At around 1:20 pm GMT+1, the blue-ch...
FTSE 100 moves higher as traders welcome Sunak
October 25, 2022 04:30 AM AEDT | By Rishika RainaThe market showed resilience following the announcement of Rishi Sunak as the UK’s new prime minister.
FTSE 100 falls as retail sales and consumer confidence take a hit
October 22, 2022 12:22 AM AEDT | By Rishika RainaOffice for National Statistics reporting a fall of 1.4% in September’s retail sales volumes.
UK market muted as Liz Truss quits as PM
October 21, 2022 12:28 AM AEDT | By Abhishek SharmaUK Market:,The UK market was muted on Thursday after Liz Truss announced that she is stepping down as the UK prime minister. At around 1:43 pm GMT+1,...
FTSE 100 falls as inflation hit 40-year high again
October 20, 2022 12:36 AM AEDT | By Rishika RainaBank of England is yet again under immense pressure to go for another rate hike soon.
UK market in upbeat mood after Truss apologises for "mistakes"
October 18, 2022 11:46 PM AEDT | By Abhishek SharmaUK Market:,The UK market made strong progress on Friday, continuing its gains after yesterday's announcement from chancellor Jeremy Hunt to reverse th...
FTSE 100 moves higher as Hunt devours mini-budget
October 18, 2022 12:23 AM AEDT | By Rishika RainaThe Commons statement by Jeremy Hunt comprised of information about the medium-term fiscal plan anticipated to be released on 31 October.
UK market rallies as Liz Truss sacks Kwasi Kwarteng as Chancellor
October 15, 2022 12:02 AM AEDT | By Abhishek SharmaUK Market:,The UK market was in an upbeat mood on Friday after it was Kwasi Kwarteng confirmed that he has been sacked as the Chancellor. At around 1:...
FTSE 100 moves higher after closing at an 18-month low last night
October 14, 2022 12:36 AM AEDT | By Rishika RainaFollowing strong declines in banking and housebuilding stocks, the FTSE 100 index closed at an 18-month low yesterday.
UK market tumbles as traders digest gloomy data on economy
October 13, 2022 12:12 AM AEDT | By Abhishek SharmaUK Markets:,The UK market was down on Wednesday following the latest numbers on UK's Gross Domestic Product (GDP). At around 1:30 pm GMT+1, the FTSE 1...
FTSE 100 falls with 3.5% unemployment dip
October 12, 2022 12:16 AM AEDT | By Rishika RainaUK unemployment rate continues to be at its lowest levels in almost 50 years
UK market remains nervous as gilt yields rise
October 11, 2022 12:20 AM AEDT | By Abhishek SharmaUK Market:,The UK market was trading in red as investors were nervous over volatility in the market following the rising borrowing costs for the gover...
UK market muted amid gloomy outlook for economy
October 07, 2022 11:35 PM AEDT | By Abhishek SharmaUK Market:,The UK market was mixed on Friday as investors continued to exercise caution over the country's economic outlook. At around 1:00 pm GMT+1,...
FTSE 100 falls as oil prices move higher
October 06, 2022 11:58 PM AEDT | By Rishika Rainabrent crude futures remained close to $93 as traders assessed the contentious move of OPEC.
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