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Tuesday,19 January 2021 at 08:25

U.K. and European stocks opened higher, buoyed by hopes that an economic recovery following the coronavirus pandemic is not far off. 


Stocks in Asia-Pacific were mixed as investors awaited remarks from U.S. President-elect Joe Biden’s nominee for Treasury secretary, Janet Yellen. 

Gold prices were higher as the U.S. dollar slipped and hopes for further global stimulus underpinned the safe-haven metal. 

In corporate news, Premier Foods has increased its full-year profit guidance, after the introduction of fresh lockdown restrictions saw people spend more on eating at home during the key festive trading season. 

Credit-checking firm Experian said that its third-quarter performance was better than it had expected, with organic revenue growth of 7% despite the pandemic.

Markets
At 08:15
FTSE 100 6,766 +0.68%
FTSE 250 20,675 +0.18%
DAX 13,937 +0.64%
At the close 15/01/2021
Dow Jones 30,814 (-0.57%)
S&P 500 3,768 (-0.72%)
NASDAQ 12,998 (-0.87%)
Fixed Income
UK 10-YR YIELD 0.292
Exchange Rates
GBP/USD 1.359
GBP/EUR 1.122
Commodities
Gold $1,843 +0.37%
Brent $55.22 +0.91%
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.
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