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FTSE / DOW YTD

Morning!


In the US on Friday, the Dow ended up 69 points to 17,477 the Nasdaq rose 14 points to 5,048 and the S&P 500 rose 9 points at 2,092.

In Asia today, the Nikkei was recently up 40.98 points at 20,558.76 and the Hang Seng down 235.58 points at 23,755.48.

WTI crude oil traded at $42.50 a barrel and Brent at $49.03.

Gold settled at $1,112.90 an ounce.

Trade well and prosper!

The Papers

BoE's Forbes says waiting too long to raise rates could damage recovery

Opening Market Summary

Many thanks as always for you efforts with this thread Skinny.

I see once again FTSE can't get it up. It needs a shot of Viagra.

Seriously though I'm struggling to see it going anywhere until oil has a relief rally. Someday soon oil has to break out of the downtrend channel for no other reason than it can't fall at this speed forever.

Strange but true ............


UK house prices dip 0.8% in August - Rightmove

Rightmove said as its House Price Index showed UK house prices fell 0.8% in August. The £2258 fall on the month took the average UK asking price to £292,284.

US Futures

Midday Report

UK government to sell stake in King's Cross redevelopment project

Rugby League Star "comes out"

USD Empire State Manufacturing Index -14.9 5.0 3.9