European rate rise plans and Shanghai Covid measures drag back markets
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FTSE 100 plunged lower on the back of renewed coronavirus worries in China and the European Central Bank’s plan to soon hike interest rates. “Investors can look at today’s oil prices and realise that high CPI readings aren’t going away, so hopes of a cooling in the pace of central bank tightening are likely to remain unfulfilled.” Meanwhile, sterling moved lower towards the end of a choppy day for currencies. Elsewhere, Mitie Group shares made gains after the outsourcing firm told shareholders that it would reinstate its dividend and launch a share buyback amid positive trading.
History of this topic
Stocks hit, dollar slips in illiquid year-end profit taking
Live Mint
Wall Street heads for upbeat open as investors cheer US inflation data
Live Mint
Euro rebounds as French bonds stabilize; bitcoin jumps past $100,000
Live Mint
London markets weaken as oil prices slip
The Independent
Europe's central bank hits pause on rate cuts as inflation takes its sweet time to come down to 2%
The Independent
European stocks fall after central bank holds interest rates steady
The Independent
Stock Market Rebounds: Sensex Gains 690 Points; Nifty Tops 21,450 Amid Volatility. Tata Steel Up 3.8 Per Cent
ABP News
FTSE rises as pound sinks to 10-week low against dollar
The Independent
London markets inch lower as housing firms drive drop
The Independent
London markets close in red as cold weather stokes gas prices
The Independent
FTSE positive at close amid Chinese relaxation of Covid curbs
The Independent
Slight rebound for London markets as economic caution lingers
The Independent
Asian stocks slide on fears of sharp rate hikes in US, Europe
Al Jazeera
London markets lower at close amid waning consumer confidence
The Independent
Markets slump on poor showing for retailers after Wall Street fall
The Independent
Markets slump ahead of predicted interest rate hikes
The Independent
European markets climb on reports over Ukraine talks progress
The Independent
Interest rate and inflation concerns drag Europe’s markets lower
The Independent
Markets fall on tough day for travel and energy stocks
The Independent
London markets finish lower after Drahi ups BT stake
The Independent
London markets drop into red as trader caution returns
The Independent
Rout in Chinese markets pulls European counterparts lower
The Independent
Jump in Europe virus cases hits shares after sharp weekly rally
Live MintDiscover Related
)
