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.

Monday,29 April 2024 at 15:46

UK & European stocks were higher as investors look ahead to more central bank decisions, earnings and data this week.

Wall Street stocks were in the green early on as investors braced for more corporate earnings, some key labour market data and the outcome of the Federal Reserve's two-day policy meeting.

Gold prices rose helped by a softer U.S. dollar, while investors waited for the Federal Reserve policy meeting and U.S. non-farm payrolls data due this week for policy clues.

Oil prices dipped as Israel-Hamas ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while U.S. inflation data dimmed the prospect of interest rate cuts soon.

Mining giant BHP and its Brazilian joint venture partner have submitted a $25.7bn (£20.5bn) settlement for the collapse of a tailings dam in 2015 that killed 19 people and devastated the local community.

Samarco, the joint company set up by Australian BHP and Brazilian operator Vale, has so far paid out $3.5bn. The new offer is a “non-binding, indicative settlement proposal” within BHP Brazil's provision for the dam failure.

“The negotiations between the parties are ongoing and no final agreement has been reached on the settlement amount or terms,” BHP said in a statement. 

the close
FTSE 100 8,147 +0.09%
FTSE 250 20,084 +1.31%
DAX 18,131 (-0.17%)
Dow Jones 38,317 +0.20%
S&P 500 5,111 +0.23%
NASDAQ 15,964 +0.23%
Fixed Income
UK 10-YR YIELD 4.298
Exchange Rates
GBP/USD 1.255
GBP/EUR 1.170
Gold $2,337 (-0.02%)
Brent $87.37 (-0.79%)
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