Market News Feed
AI Daily 5 entries
LONDON MARKET CLOSE: Stocks rally as Trump calms Greenland rhetoric
- FTSE 100 Performance: Closed slightly higher, up 11.31 points (0.1%) at 10,138.09, recovering from a weak start.
- Trump's Greenland Remarks: US President Donald Trump ruled out using force to take Greenland but insisted on US "ownership," sparking market reactions.
- Market Takeaways: Kathleen Brooks (XTB) highlighted Trump's avoidance of force and his push for a strong US economy to boost stocks.
- UK Indices: FTSE 250 up 0.5%, AIM All-Share up 0.9%, Cboe UK 100 up 0.2%, Cboe UK 250 up 0.7%, Cboe Small Companies up 0.3%.
- Trump's Davos Speech: Renewed push for Greenland acquisition but ruled out excessive force, emphasizing immediate negotiations.
- UK Political Response: PM Keir Starmer refused to yield to Trump's pressure on Greenland, citing principles and values.
- European Markets: Mixed performance with CAC 40 up 0.1% and DAX 40 down 0.6%.
- US Markets: Higher at London close, with Dow Jones up 0.9%, S&P 500 up 0.9%, and Nasdaq up 1.0%.
- Bond Markets: Calmer after Tuesday's volatility; US 10-year Treasury yield at 4.27%, 30-year at 4.89%.
- UK Inflation: December CPI rose to 3.4% YoY, driven by alcohol, tobacco, and transport; core CPI unchanged at 3.2%.
- Analysts' View: Inflation spike deemed a "blip" due to tobacco duty and Black Friday effects; expected to drop sharply in H1 2026.
- Currency Movements: Pound lower at USD1.3437, Euro at USD1.1707, Dollar higher at JPY158.18.
- FTSE 100 Movers: Burberry (+5.0%) on strong sales, Rio Tinto (+5.2%) on production update; Experian (-4.9%) and Admiral (-4.2%) declined.
- FTSE 250 Highlights: Currys (+7.7%) on profit guidance, Premier Foods (+7.1%) on full-year profits; JD Wetherspoon (-8.1%) on cost pressures.
- Commodities: Brent oil down to USD64.82/barrel, Gold up to record USD4,833.66/ounce.
- Upcoming Data: Thursday's calendar includes UK public sector borrowing, GDP, US jobless claims, and PCE data.
- Corporate Updates: B&M European Value Retail and AJ Bell to release trading statements on Thursday.
LONDON MARKET MIDDAY: FTSE 100 resumes slide amid global selloff
- Date and Time: 21st Jan 2026, 12:21
- London Stock Market:
- FTSE 100 down 0.2% at 10,106.28.
- FTSE 250 down 0.3% at 22,898.78.
- AIM All-Share up 0.4% at 804.55.
- Cboe UK indices also mostly lower.
- European Equities:
- CAC 40 (Paris) down 0.4%.
- DAX 40 (Frankfurt) down 1.0%.
- Currency Movements:
- Sterling down to USD1.3410.
- Euro lower at USD1.1716.
- Dollar slightly weaker against the yen at JPY157.86.
- UK Inflation:
- CPIH rose 3.6% year-on-year in December.
- Headline CPI up 3.4% year-on-year, above consensus.
- Geopolitical Developments:
- US President Donald Trump in Davos, focusing on Greenland control, potentially straining relations with European allies.
- UK Chancellor Rachel Reeves defends UK's economic plan and trade stance against Trump's tariff threats.
- US Markets:
- Dow Jones, S&P 500, and Nasdaq called lower.
- US Treasury yields slightly up.
- Corporate Highlights:
- JD Sports Fashion up 3.5% on meeting profit expectations.
- ICG down 3.8% despite modest recovery in transactions.
- Currys up 5.4% on raised profit guidance.
- Sovereign Metals jumps 35% on rare earth discovery.
- Commodities:
- Gold higher at USD4,865.70/ounce, hitting a record high earlier.
- Brent oil slightly up at USD64.95/barrel.
- Upcoming Data: Canadian producer price inflation data expected.
LONDON BROKER RATINGS: HSBC raises Haleon; Goldman Sachs cuts Admiral
Here is the provided text formatted as bullet points in HTML:
html
- 21st Jan 2026 09:54
- The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:
- FTSE 100
- HSBC raises Haleon to 'buy' - price target 430 pence
- Jefferies raises Haleon price target to 450 (440) pence - 'buy'
- JPMorgan raises St James's Place target to 1,726 (1,725) pence - 'overweight'
- Berenberg raises Halma price target to 4,200 (3,750) pence - 'buy'
- Berenberg raises Weir price target to 3,650 (3,350) pence - 'buy'
- UBS raises BT Group price target to 140 (135) pence - 'sell'
- Berenberg raises Smiths Group to 'buy' (hold) - price target 3,000 (2,750) pence
- Berenberg raises SSE price target to 2,800 (2,200) pence - 'buy'
- Barclays cuts Informa price target to 1,120 (1,125) pence - 'overweight'
- Goldman Sachs cuts Admiral to 'sell' (buy) - price target 2,920 (3,954) pence
- Goldman Sachs raises Phoenix Group to 'neutral' (sell) - price target 752 (593) pence
- Goldman Sachs raises Aviva price target to 754 (714) pence - 'buy'
- Goldman Sachs raises Hiscox price target to 1,713 (1,560) pence - 'buy'
- Goldman Sachs raises Legal & General price target to 263 (249) pence - 'neutral'
- Goldman Sachs raises M&G price target to 328 (300) pence - 'buy'
- FTSE 250
- RBC cuts Ibstock price target to 160 (170) pence - 'outperform'
- Berenberg cuts Ibstock price target to 135 (150) pence - 'hold'
- Berenberg raises Bodycote price target to 900 (800) pence - 'buy'
- Berenberg raises Vesuvius price target to 520 (460) pence - 'buy'
- Deutsche Bank Research raises Qinetiq price target to 635 (585) pence - 'buy'
- Berenberg raises Qinetiq price target to 580 (550) pence - 'buy'
- RBC raises Oxford Nanopore Technologies price target to 300 (280) pence - 'outperform'
- Goldman Sachs cuts Lancashire Holdings price target to 658 (763) pence - 'buy'
- JPMorgan raises Hochschild Mining price target to 690 (670) pence - 'neutral'
- RBC cuts Hochschild Mining price target to 575 (590) pence - 'outperform'
- Deutsche Bank Research raises Johnson Matthey price target to 2,400 (2,300) pence - 'buy'
- Berenberg raises Currys price target to 215 (210) pence - 'buy'
- SMALL CAP
- Berenberg raises Wise price target to 1,350 (1,330) pence - 'buy'
- Jefferies raises Wise price target to 1,299 (1,231) pence - 'buy'
- Kepler Cheuvreux raises Wise price target to 1,220 (1,200) pence - 'buy'
- Barclays raises Treatt price target to 230 (220) pence - 'equal weight'
- Berenberg raises DFS Furniture price target to 247 (241) pence - 'buy'
- UBS raises DFS Furniture price target to 230 (210) pence - 'buy'
- Berenberg reinitiates TT Electronics with 'hold' - price target 120 pence
- Jefferies raises Volex price target to 500 (470) pence - 'buy'
- Berenberg cuts Kenmare Resources price target to 280 (290) pence - 'hold'
- Related Shares:
LONDON MARKET OPEN: FTSE 100 steady after selloff as inflation rises
Market Summary - 21st Jan 2026, 09:22
- London Stock Market:
- FTSE 100 opened up 2.57 points at 10,129.35.
- FTSE 250 up 79.25 points (0.4%) at 23,037.12.
- AIM All-Share up 5.77 points (0.7%) at 806.91.
- Cboe UK indices also saw modest gains.
- European Equities:
- CAC 40 in Paris down 0.1%.
- DAX 40 in Frankfurt down 0.3%.
- Currency Movements:
- Sterling down to USD1.3438 from USD1.3462.
- Euro lower at USD1.1711 from USD1.1733.
- Dollar down against the yen at JPY157.87.
- UK Inflation:
- CPIH rose 3.6% year-on-year in December, up from 3.5% in November.
- CPI rose 3.4% year-on-year, above consensus of 3.3%.
- Largest upward contributions from alcohol, tobacco, and transport.
- Core CPIH and CPI unchanged at 3.5% and 3.2%, respectively.
- Analyst Commentary:
- Michael Brown (Pepperstone) noted one-off factors driving December inflation, unlikely to impact Bank of England policy.
- Disinflationary trend expected to continue, with 2% target achievable by spring.
- Global Markets:
- Nikkei 225 down 0.4%, Shanghai Composite marginally higher, Hang Seng up 0.4%.
- Wall Street ended lower on Tuesday: Dow Jones -1.8%, S&P 500 -2.1%, Nasdaq -2.4%.
- Commodities:
- Gold higher at USD4,859.20/ounce, hitting a record high of USD4,888.43 earlier.
- Brent oil trading lower at USD63.67/barrel.
- Corporate Highlights:
- Burberry (FTSE 100) up 5.6% on strong Q3 retail revenue of GBP665 million.
- Experian down 5.3% despite strong Q3 growth.
- Rio Tinto up 4.9% on steady iron ore volumes and record Q4 production.
- Premier Foods (FTSE 250) up 6.6% on 4.2% Q3 sales growth.
- JD Wetherspoon down 6.6% on higher costs and lower profit expectations.
- Upcoming Data:
- Canadian producer price inflation data expected later on Wednesday.
LONDON MARKET EARLY CALL: FTSE 100 seen lower ahead of inflation data
Market and Economic Summary - 21st Jan 2026 06:57
- London Stocks: Set to open marginally lower, down 0.1% at 10,115.68, following a large fall on Wall Street.
- UK Inflation Data: Due at 0700 GMT, a key focus for investors.
- Currency Movements:
- Sterling down to USD1.3439 from USD1.3462.
- Euro lower at USD1.1724 from USD1.1733.
- Dollar higher against the yen at JPY158.15 from JPY157.95.
- US President Donald Trump: Departed for Davos forum after switching planes due to a minor electrical issue. Meetings scheduled on Greenland, with European leaders vowing an "unflinching" response to US threats.
- European Commission President Ursula von der Leyen: Cautioned Trump's actions could plunge US-EU ties into a "downward spiral," branding US tariffs a "mistake."
- US Markets (Tuesday): Dow Jones down 1.8%, S&P 500 down 2.1%, Nasdaq Composite down 2.4%.
- Asian Markets (Wednesday):
- Nikkei 225 down 0.5%.
- Shanghai Composite marginally lower.
- Hang Seng Index slightly higher.
- S&P/ASX 200 down 0.4%.
- Netflix: Reported better-than-expected Q4 results with net income up 29% to USD2.42 billion. Revenue grew 18% to USD12.05 billion. Crossed 325 million paid memberships milestone. Forecast 2026 revenue of USD50.7-51.7 billion, driven by membership growth and ad revenue.
- Commodities:
- Gold higher at USD4,864.00/ounce, hitting a record high of USD4,888.43 earlier.
- Brent oil trading lower at USD64.22/barrel.
- UK Corporate Calendar (Wednesday): Trading statements from Burberry, JD Sports, Currys, and JD Wetherspoon.
- Global Economic Calendar (Wednesday): UK inflation figures at 0700 GMT and Canadian producer price inflation data.
All Market News Today 427 headlines
IGET
06:01
Invesco Perpetual Select Trust plc - Global Equity Income Share Portfolio
AMRQ
06:01
Amaroq Minerals Ltd.
AMRQ
06:01
Amaroq Minerals Ltd.