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,22 February 2021 at 16:56

U.K. and European stocks retreated amid cautious trade in global markets.


U.S. Stocks fell while commodity prices rallied, as rising Treasury yields, and expectations of higher inflation weighed on equity prices.

Oil prices were higher as the slow return of U.S. crude output cut by frigid conditions served as a reminder of the tight supply situation.

Gold traded higher shrugging off a jump in yields, with investors opting for the precious metal as a hedge against inflation.

In corporate news, G4S slumped after Canadian security services firm GardaWorld said it will not raise its offer for the company, paving the way for Allied Universal to buy the London-listed security services firm for 245p a share.

Dechra Pharmaceuticals said that reported group revenues and operating profits had both increased throughout the six months ended 31 December.

Markets
At the close
FTSE 100 6,612 (-0.18%)
FTSE 250 20,981 (-0.26%)
DAX 13,950 (-0.31%)
At 16:50
Dow Jones 31,497 +0.01%
S&P 500 3,884 (-0.56%)
NASDAQ 13,643 (-1.67%)
Fixed Income
UK 10-YR YIELD 0.679
Exchange Rates
GBP/USD 1.406
GBP/EUR 1.157
Commodities
Gold $1,810 +1.50%
Brent $64.56 +3.02%
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.
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 © 2009 - 2020 Ramsey Crookall & Co. Ltd
Building Personal Finance Futures London Stock Exchange