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Funds sell UK stocks at fastest pace since Brexit vote

by Michelle McGagh on Aug 16, 2018 at 16:22

Fears of a 'no deal' Brexit have led fund managers to sell UK stocks at their fastest pace since the month before the EU referendum.

Turkey tips emerging markets into bear territory

by Daniel Grote on Aug 16, 2018 at 12:37

Emerging markets have been punished by a strong dollar, higher US rates and trade fears. Now Turkey has pushed them into a bear market.

FTSE claws back ground as US, China plan trade talks

by Daniel Grote on Aug 16, 2018 at 09:29

FTSE 100 edges higher after yesterday's heavy sell-off, with miners recovering some ground as global trade fears ease.

The Expert View: Interserve, Ocado and Hikma

by Michelle McGagh on Aug 16, 2018 at 05:00

Our daily roundup of analyst commentary on shares, also including Balfour Beatty and Admiral.

Inflation rise renews squeeze on UK households

by Daniel Grote on Aug 15, 2018 at 11:56

Inflation rises to 2.5% in July, overtaking the pace of wage growth, as rail fares set to rise by up to 3.2% next year.

Thursday Papers: Uber losses widen after ramping up its spending

by Himanshu Singh on Aug 16, 2018 at 04:27

And emerging markets index falls into bear territory amid commodity price rout, currency turmoil and disappointing results from Tencent.

Overnight Markets: Wall Street drops as trade worries continue

by Himanshu Singh on Aug 16, 2018 at 01:15

Chinese technology company Tencent reported its first profit decline in almost 13 years, putting pressure on the US tech sector.

FTSE tumbles as miners reel from commodities crunch

by Daniel Grote on Aug 15, 2018 at 16:30

FTSE 100 loses more than 100 points as shares in miners are hit hard by dive in metal prices on strong dollar.

The Expert View: Royal Mail, G4S and Esure

by Michelle McGagh on Aug 15, 2018 at 05:00

Our daily roundup of analyst commentary on shares, also including Hill & Smith and Polypipe.

Wednesday Papers: Homebase to close 42 stores, putting 1,500 jobs at risk

by Himanshu Singh on Aug 15, 2018 at 04:22

And the eurozone economy growth revised up mainly due to strong consumer and government spending in Germany.

Overnight Markets: Wall Street gains as Turkish-crisis jitters ease

by Himanshu Singh on Aug 15, 2018 at 01:15

All 11 of the major sectors in the S&P 500 closed in positive territory.

Investors 'tired' of multi-asset funds missing targets

by Dylan Lobo on Aug 14, 2018 at 12:00

Analysts at RBC predict £21 billion outflows from Standard Life Aberdeen's Gars as investors grow tired with giant multi-asset funds.

7IM swaps gold for commodities as inflation looms

by Michelle McGagh on Aug 14, 2018 at 11:05

While the asset manager is not expecting ‘raging inflation’, it likes the tendency for commodities to do well when the cost of living is rising.

TV ads to warn over 'free pension review' risks

by Talya Misiri on Aug 14, 2018 at 10:18

The Financial Conduct Authority and The Pensions Regulator has today launched a public campaign to raise awareness around pension scams.

Tuesday Papers: Musk to take Tesla private with Saudi Money

by Himanshu Singh on Aug 14, 2018 at 05:24

And the Turkish lira remains under intense pressure and plunged a further 8% on Monday, with analysts warning of “total meltdown”.

The Expert View: Spire, Chemring and Clarkson

by Michelle McGagh on Aug 14, 2018 at 05:00

Our daily roundup of analyst commentary on shares, also including Prudential and Informa.

Overnight Markets: Turkey's plunging lira drags down Wall Street

by Himanshu Singh on Aug 14, 2018 at 03:36

Financial stocks bore the brunt, with shares of Citigroup, Bank of America, Wells Fargo and JP Morgan closing down between 0.8% and 2.2%.

Bayer's slump on Monsanto shock knocks Europe managers

by Michelle McGagh on Aug 13, 2018 at 17:13

Shares in chemicals giant tumble after US court orders subsidiary Monsanto to pay damages to man who said weed killer caused his cancer.

Fund managers count cost as Turkey crisis deepens

by Daniel Grote on Aug 13, 2018 at 16:06

Matthias Siller, whose Baring Emerging Europe trust is among worst hit, says 'it's not too late' to stop currency rout.

FTSE falls, emerging trusts hit as Turkey rout reignites

by Daniel Grote on Aug 13, 2018 at 10:24

FTSE 100 falls as Turkish lira continues to tumble, weighing on travel stocks and emerging markets investment trusts.

 

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