The FTSE 100 – AIWA! NO!

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The US carmaker Ford has described a no-deal Brexit as a “red line” that would force it to reconsider the scale of its presence in Britain in a dramatic reversal of an earlier commitment to stay put. Ford issued the warning on the same day as the pharmaceuticals company AstraZeneca and the carmaker Nissan said the prospect of a hard Brexit was already disrupting their businesses.

April 26, 2019April 26, 2019 Crimson Tazvinzwa

What are economists saying about unsettling global currency markets and the prospects for economic slow down?

The FTSE 100 fell 0.7% to 6,947 as Brexit fears, the US tech sell-off and trade war concerns weighed on investor sentiment. In other parts of the world, stock markets suffered a bigger setback. In Germany, the DAX declined 1.6% to 11,066 while on Wall Street, the Dow Jones slid 1.5% lower to 24,627 at around 4:45pm UK time. Brent crude oil slumped 5.2% to $63.31 per barrel as the market worried about increasing supply.

November 20, 2018 Crimson Tazvinzwa

Brexit woes push FTSE to three-week lows; investors dump banks, oil

The FTSE 100 fell 0.7% to 6,947 as Brexit fears, the US tech sell-off and trade war concerns weighed on investor sentiment. In other parts of the world, stock markets suffered a bigger setback. In Germany, the DAX declined 1.6% to 11,066 while on Wall Street, the Dow Jones slid 1.5% lower to 24,627 at around 4:45pm UK time. Brent crude oil slumped 5.2% to $63.31 per barrel as the market worried about increasing supply.

November 20, 2018November 20, 2018 Crimson Tazvinzwa

BREXIT – The Financial Times Stock Exchange 100 (FTSE) slips on Brexit and trade war fears