Alistair's Feed
Dec 8, 2014

European shares fall after Italy downgrade, soft Asia data

LONDON, Dec 8 (Reuters) – European shares fell early on
Monday, trimming some of the previous session’s sharp gains
after Italy’s sovereign debt rating was cut late on Friday and
following soft economic data from China and Japan.

S&P downgraded Italy to BBB-, just one notch above junk,
from BBB, citing weak growth and poor competitiveness that
undermine the sustainability of its huge public debt.

Dec 5, 2014

Dollar soars, stocks gyrate as U.S. jobs beat forecast

LONDON, Dec 5 (Reuters) – A surge in U.S. hiring in November
lifted the dollar to a five-and-a-half year high against a
basket of currencies on Friday, and stocks bounced as investors
priced in a U.S. interest rate hike by mid-2015.

Non-farm payrolls surged by 321,000 last month, the most
since January of 2012, the Labor Department said on Friday.
Forecasts were for 230,000 new jobs.

Dec 4, 2014

Rally in airlines helps FTSE edge higher

LONDON (Reuters) – British blue chips edged higher on Thursday, supported by travel and airline stocks after a number of encouraging corporate updates from the sector.

TUI Travel rose 3.7 percent, the top FTSE 100 .FTSE riser, after it said profit jumped 11 percent, beating forecasts.

Dec 4, 2014

Rally in airlines helps Britain’s FTSE edge higher

LONDON, Dec 4 (Reuters) – British blue chips edged higher on
Thursday, supported by travel and airline stocks after a number
of encouraging corporate updates from the sector.

TUI Travel rose 3.7 percent, the top FTSE 100 riser,
after it said profit jumped 11 percent, beating forecasts.

Dec 4, 2014

Airlines lend support to keep Britain’s FTSE steady

LONDON, Dec 4 (Reuters) – British blue chips held steady
early on Thursday, supported by travel and airline stocks after
a number of encouraging corporate updates from the sector.

TUI Travel rose 2.9 percent, the top FTSE 100 riser,
after it said profit jumped 11 percent, beating forecasts and
that the coming tie-up with Germany’s TUI AG would
accelerate long-term growth.

Dec 3, 2014

FTSE falls from one-week high; focus on UK budget update

LONDON, Dec 3 (Reuters) – London’s top share index edged
down from a one-week high on Wednesday, with moves in stocks
exposed to new British government policies dominating in an
otherwise quiet session.

Renewed weakness in Royal Mail was the main drag on the
blue-chip FTSE 100 index, which closed down 0.4 percent
at 6,716.63 points.

Dec 3, 2014

FTSE edges off one week high; focus on UK budget update

LONDON, Dec 3 (Reuters) – London’s top share index edged
lower on Wednesday from a one-week high, with volatile moves in
stocks exposed to new British government policies dominating in
an otherwise quiet session.

Renewed weakness in Royal Mail was the main drag on the
blue-chip FTSE 100 index, which was down 0.2 percent at
6,728.18 points by 1457 GMT.

Dec 3, 2014

FTSE edges lower as Royal Mail renews fall

LONDON, Dec 3 (Reuters) – Britain’s top share index edged
lower from a one-week high on Wednesday, hit by renewed weakness
in Royal Mail and oil majors even after UK economic data and
some company earnings beat expectations.

The blue-chip FTSE 100 index was down 0.2 percent at
6,727.26 points by 1159 GMT, down from a one-week high of
6,753.19 touched in early trade. The index rose 1.3 percent on
Tuesday.

Dec 1, 2014

FTSE drops to one-week low as commodity shares, Vodafone slump

LONDON, Dec 1 (Reuters) – Britain’s top stock index dropped
to its lowest in more than a week on Monday as commodity shares
slumped and Vodafone fell on speculation it is considering
possible acquisitions.

Weak Chinese economic data compounded concern over commodity
stocks. An official reading showed growth in China’s factories
slowed more than expected in November. A private-sector survey
showed momentum stalled.

Nov 28, 2014
    • About Alistair

      "Alistair Smout is working on the Investment and Emerging Markets for Reuters Europe over the summer. He specialises in Africa and Europe."
    • More from Alistair

    • Follow Alistair