Daily Investment Market News from London
Saturday 04th of February 2012
August 4, 2009

Mixed prices for commodities

by Elaine Frei

Mixed prices for commodities

Crude oil prices fluctuated Tuesday, turning lower in New York to trade down 73 cents to $70.85 per barrel for September contracts for West Texas Intermediate less than half an hour before the close of floor trade ended on the New York Mercantile Exchange, but at last report Brent crude had added 52 cents to $74.07 per barrel on the ICE Futures Europe ...




AU leads gains on FTSE 100

by Elaine Frei

AU leads gains on FTSE 100

European equities markets were mostly lower Tuesday as banks gave back recent gains and miners declined on lower base metals prices. The FTSE 100 was down 0.24 percent to 4,671.37 in London, while the FTSE 250 added 1.03 percent to 8,242.51. The best performance on the 100 came from IT group Autonomy Corporation (LSE: AU), which added 5.58 percent, while in the properties ...




August 3, 2009

Oil prices rise significantly

by Elaine Frei

Oil prices rise significantly

Oil prices jumped again Monday as the US dollar weakened and new data showed that manufacturing was up in the United States, China and the UK in July, raising hopes that demand for oil and oil products will grow soon as the economy recovers. September contracts for West Texas Intermediate crude added 2.13 to $71.58 per barrel at the close of trade on the ...




PFC leads 100 on higher oil prices

by Elaine Frei

PFC leads 100 on higher oil prices

Equities markets in Europe were higher Monday on new data showing that manufacturing was up in the United States, the UK and China in July. The Institute for Supply Management reported its factory index at 48.9 in July, more of an advance than expected after being at 44.8 in June. The FTSE 100 was up 1.61 percent to 4,682.46 in London, while ...