Market News

Landlords see London yields fall below 4% - Financial Times - Fri 03 Jul, 06:10 PM
Landlords with rental properties in prime central London have seen their return slip below 4 per cent for the first time in nearly two years, according to the latest data from Knight Frank, the estate agent.

London Brent falls more than $1 on economic outlook - Reuters - Fri 03 Jul, 05:26 PM
LONDON (Reuters) - London Brent crude oil fell more than $1 a barrel towards $65 a barrel on Friday as unemployment data hardened views economic weakness would sap energy demand further and that last month's rally was overdone.

Banks, defensives push FTSE higher - Reuters - Fri 03 Jul, 04:36 PM
LONDON (Reuters) - The leading equity index closed marginally higher on Friday as positive financial and defensive stocks outpaced weaker commodity shares, which tracked a decline in crude and metals prices.

What the Bank has to weigh up next week - Reuters - Fri 03 Jul, 02:03 PM
LONDON (Reuters) - The Bank of England looks certain to keep interest rates at a record low of 0.5 percent next Thursday as it continues to try to lift the economy out of recession, so most attention will focus on whether it expands its quantitative easing target.

Euro services dip affirms sombre economic mood - Reuters - Fri 03 Jul, 11:40 AM
LONDON/SINGAPORE (Reuters) - Financial markets ended the week on a sober note after U.S. jobs data jolted sentiment about the potential for economic recovery.

Miners, oil majors pull FTSE lower - Reuters - Fri 03 Jul, 10:41 AM
LONDON (Reuters) - The leading share index was 0.2 percent lower by midday on Friday after poor U.S. jobs data in the previous session mired market sentiment and lower commodity prices weighed on miners and oil majors.

Euro zone May retail sales fall more than expected - Reuters - Fri 03 Jul, 10:11 AM
BRUSSELS (Reuters) - Euro zone retail sales fell further than expected in May, data showed on Friday, dampening hopes that an improvement in consumer spending might ease the recession.

FTSE flat on oil, miners 09:03 AM [ Reuters]
Britons put £8.1 bln into housing in Q1 08:38 AM [ Reuters]
FTSE seen opening flat 05:39 AM [ Reuters]
U.S. job losses sour mood; euro data unlikely to soothe 04:57 AM [ Reuters]
Global stocks drop after U.S. data 01:46 AM [ Reuters]

Italian quake town dramatises G8 summit challenges 06:07 PM [ Reuters]
U.S. job losses spike in June 05:34 PM [ Reuters]
Rising U.S., euro zone joblessness hits recovery hope 05:17 PM [ Reuters]
ECB holds rates at record low 05:03 PM [ Reuters]
ECB keeps rates at record low 04:35 PM [ Reuters]

FTSE falls 2.5 pct on U.S. jobs data 04:11 PM [ Reuters]

U.S., euro zone unemployment dents recovery hopes 01:54 PM [ Reuters]
Euro zone May jobless hits 10-year high of 9.5 pct 01:34 PM [ Reuters]
Miles sees no rapid return to growth 01:12 PM [ Reuters]
Stocks extend losses after U.S. jobs data 12:45 PM [ Reuters]
U.S. jobless claims fell 16,000 in latest week 12:45 PM [ Reuters]

U.S. June payrolls fell 467,000 in June 12:43 PM [ Reuters]