Market Report

Market Report by Email

If you would like to receive the daily Market Report by email please fill out your name and email address in the sign-up form below and you will be added to our mailing list.

* indicates required

Please select all the ways you would like to hear from Ramsey Crookall:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our email marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing.

Learn more about Mailchimp's privacy practices here.

Tuesday,31 January 2023 at 17:13

More than 800 jobs at Paperchase are under threat after Britain's largest supermarket, Tesco, swooped for the struggling stationery company in a deal expected to close stores. 
Tesco said it had bought the Paperchase brand and intellectual property, and expected to start rolling out new products in its UK stores.
The announcement came just hours after Paperchase collapsed into administration earlier today.
The deal is understood to not include Paperchase's 100 stores, where it employs more than 800 people, casting doubt on the future for hundreds of staff.

UK and European markets slid further despite euro zone growth figures coming in ahead of estimates.

U.S. stocks inched forward as a flurry of corporate earnings rolled in.

Oil prices steadied after moving close to a three-week low, with U.S. wage growth data and a retreating U.S. dollar bolstering risk sentiment ahead of OPEC and central bank meetings this week.

Gold prices were on track for their third straight monthly gain, helped by an overall weaker dollar and expectations around slower rate hikes from the U.S. Federal Reserve.

At the close
FTSE 100 7,771 (-0.17%)
FTSE 250 19,853 (-0.42%)
DAX 15,128 +0.01%
At 17:15
Dow Jones 33,795 +0.23%
S&P 500 4,043 +0.63%
NASDAQ 11,506 +0.99%
Fixed Income
UK 10-YR YIELD 3.337
Exchange Rates
GBP/USD 1.231
GBP/EUR 1.134
Gold $1,926 +0.22%
Brent $85.00 +0.73%
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.

We use cookies to improve your experience on our website.
By continuing to browse, you agree to our use of cookies. Cookie Policy

Members of the London Stock Exchange and PIMFA | Licensed by the Isle of Man Financial Services Authority (IoMFSA) Registered Office: Ramsey Crookall and Co. Ltd., 38/42 Athol Street, Douglas, Isle of Man, IM1 1QH
Copyright © 2023 - Ramsey Crookall & Co. Ltd
Building Personal Finance Futures London Stock Exchange