Monday, 8th February 2016

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News & Reports

London close: Economic data drags headline indices lower

Mon 8th Feb 16, 16:25:02

Gaurav Sharma

(ShareCast News) - Data from China and Germany, coupled with another oil market slump saw headline London indices start the week on a negative footing.

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US close: Blue Monday as investors rush to safe havens

(ShareCast News) - US stocks closed on an even sharper note than they opened on Monday, with fears of a global slowdown and fresh drops in oil prices leading a New York-led flight into gold and bonds. 1 hour ago

Commodities: Gold spikes on 'safe haven' calls, oil slides further

(ShareCast News) - Gold spiked on 'safe haven' demand on Monday, while oil futures started yet another trading week on a negative footing. 9 hours ago

Europe close: Steep falls for stocks as oil price slide resumes

(ShareCast News) - European stocks fell into the red on Monday, with energy issues under the cosh as oil prices slid again and investors piling into the safest sovereign debt as tensions appeared to build in the US market for so-called 'junk-bonds'. 6 hours ago

Tuesday preview: Light economic and corporate calendar may see lull in selling

(ShareCast News) - The economic calendar for Tuesday was quite sparse, which might provide a respite from selling for global financial markets ahead of Fed chair Janet Yellen´s semi-annual testimony before her country´s Congress due the next day. 7 hours ago

US open: Sharp losses on Wall Street

(ShareCast News) - Stocks on Wall Street were registering steep losses at the start of the week following a poor report on Chinese currency reserves for January and renewed downward pressure on the oil complex. 7 hours ago

Trinity Exploration secures another debt repayment extension

(ShareCast News) - AIM-listed Trinity Exploration & Production announced that it has agreed a further extension to the moratorium on principal repayments relating to its outstanding debt balance of $13m (£9m) with its lender until 19 February 2016. 7 hours ago

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