Tuesday,16 January 2024 08:31:13

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Tuesday,16 January 2024 at 08:33

European markets open lower, Germanys GDP contracted 0.3% in 2023 but avoids a recession.

Hong Kong stocks tumble 2% amid broader decline in Asia markets, China gains.

Oil prices edged slightly higher on Tuesday as the Middle East crisis escalated and more tankers divert away from the Red Sea.

Gold frail as dollar strengthens, and rising treasury yields dim shine.

Vodafone has signed a $1.5bn 10-year strategic partnership with Microsoft to transform its customer experience using generative A.I.

Ocado have said that their joint venture with Marks and Spencer has generated fourth quarter revenue of £609.4m, marking a fourth consecutive period of quarter-on-quarter growth.

Markets

8:30am

FTSE 100 7,554 (0.53%)

FTSE 250 19,188 (0.39%)

DAX 16,509 (0.71%)

the close

Dow Jones 37,592 (0.31%)

S&P 500 4,783 +0.08%

NASDAQ 14,972 +0.02%

Fixed Income

UK 10-YR YIELD 3.784

Exchange Rates

GBP/USD 1.268

GBP/EUR 1.161

Commodities

Gold $2,051 +0.01%

Brent $78.12 (0.01%)

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.