European stocks slipped in early trade as markets continue to chop in the wake of the recent discounting. The FTSE 100 is off almost 1%, less than peers, with the DAX -1.3% and Stoxx 50 -1.2%. US markets were mixed yesterday with the Dow flat, S&P 500 down 0.54%, the Nasdaq –1.4% and Russell 2k […]

Transport for London has stripped Uber of its licence to operate in the capital. The company has 21 days to lodge an appeal, which it has said it will do, and it continue to operate until such appeal is completed. Shares printed -5.9% in pre-market trading at $27.82 at one stage before paring losses just […]

Stocks closed mostly higher yesterday to start the week. Only the small-cap Russell 2000 finished lower, giving up -0.34%. But the Dow and the S&P 500 each notched another new all-time high close.

All for nought? The day after the ECB manages to finally raise rates, we get a big fat recession warning from the PMIs. You can always rely on the ECB to mis-time the move…of course hikes are designed to slow the economy, it’s just that usually you’d be looking to do that far earlier in […]

May’s last day, Mexico trade standoff, US jobs, Yuan looks to 7 And so, the time has come for Theresa May to shuffle off. Except she won’t quite as she will remain on as a caretaker PM. Boris Johnson is frontrunner.