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24-05-2012
- EU leaders clash over Eurobonds
- Chinese manufacturing continues to contract
- Financials wanted after recent sell-off
23-05-2012
- Officials warn Eurozone to prepare for Greek exit
- BoE policy makers 'finely balanced' on more QE
- CBO warns of US recession
23-05-2012
Mining stocks were at the top of the fallers list on Wednesday as concerns over Greece's future continue to weigh on the global economic outlook.
23-05-2012
The blue-chip miners were dominating the fallers list on the Footsie by midday as metals prices dropped on concerns that the Chinese economy may be affected greatly by Greece leaving the euro: investment bank China International Capital Corp said today that the world's second-largest economy could see its lowest levels of growth in more than two decades in this scenario. Mining peers Vedanta Resources, Xstrata, Glencore, Kazakhmys, Fresnillo, Rio Tinto, Polymetal and Antogasta were suffering heavy losses.
23-05-2012
- Papademos says preparations being made for Greek exit
- CBO warns of US recession
- Chinese growth to be hampered if Greece leaves euro
23-05-2012
- Risk aversion ahead of EU summit
- Papademos warns of 'catastrophic' effects
- Burberry sinks after full-year results
22-05-2012
There were just a handful of stocks registering losses on Tuesday afternoon, mainly the defensives, as investors shifted back into 'riskier' assets following a week of heavy losses.
22-05-2012
- Miners wanted on Chinese stimulus speculation
- Fitch downgrades Japanese rating
- Markets await EU summit tomorrow, OECD backs eurobonds
22-05-2012
- ECB provides 100bn euros to Greece
- Markets await EU summit
- Miners, financials on the up early on
21-05-2012
- G8 underwhelms; markets look to EU summit
- Hollande expected to push eurobond idea to Merkel
- Risk-on as financials, miners advance; defensives sold
21-05-2012
Miners and financial stocks were among the best performers of the day on Monday as the Footsie rebounded after slumping to a six-month low on Friday.
21-05-2012
- G8 underwhelms as euro crisis continues to hamper sentiment
- Cameron warns Eurozone to anticipate Greek exit
- Barclays to offload BlackRock stake
18-05-2012
Miners have been firmly under a cloud since Goldman Sachs lowered its forecast for second quarter growth in China's gross domestic product (GDP) to 7.9% from 8.5% previously, but today several stocks were seen to be rising.
17-05-2012
- Bank run speculation across Europe grips markets
- Barroso wants Greece to stay in Eurozone
- Moody's could downgrade Spanish banks
16-05-2012
- Greek exit speculation sinks stocks again
- ECB stops funding to some Greek banks (report)
- Eurozone crisis to limit UK GDP in 2012, says BoE
16-05-2012
Miners were once again bearing the brunt of the risk-off attitude that has gripped markets over the last week as metals prices continue to fall. Xstrata, Glencore and Fresnillo and were among the worst performers. Both Xstrata and Glencore were also being pressured lower by downgrades from UBS.
16-05-2012
- Footsie nears five-month low
- Potential Greek exit grips markets
- Bank of England cuts GDP forecast, unemployment falls
16-05-2012
- Greek concerns dent Footsie again
- Glencore, Sainsbury fall after going ex-dividend
- Lamprell tanks on FTSE 250
10-05-2012
- US jobless claims boost buying late on
- BoE keeps interest rates, QE unchanged
- Miners shrug off China data as Greek concerns ease
08-05-2012
- Global stock markets plunge on Greek uncertainty
- Footsie sinks to 19-week low
- Miners lead the sell-off in London
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