Rolling coverage of the latest economic and financial news

  • FTSE 100 jumps almost 2% in early trading
  • Japan’s Nikkei at 30-year peak
  • Wall Street hit record after Trump signs stimulus bill

9.01am GMT

Here’s some early reaction to today’s rally:

FTSE 100: +1.8% on first day of trade since the deal but sector divergence is quite big
Airlines/ Hospitality leading (+3-4%) with banks the only names in negative territory -2/3%

U.K. blue-chip stocks soar, leading European country indexes, in the British market’s first trading session since a Brexit deal was struck with the EU

Global stock mkts rise to fresh highs as US stimulus fuels rally. US House approved 275-134 the $2,000 coronavirus aid checks sought by Trump. Bonds steady w/US 10y 0.94%. Dollar keeps falling w/Euro jumps to $1.2255. Gold $1882. #Bitcoin retreats after stunning rally, now 26.5k.

9.00am GMT

Germany’s stock market has hit a fresh record high in early trading, with the DAX index up another 0.7%.

That means the DAX is now up 4.8% this year (while the FTSE 100 is still down 12%).

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *