Kingfisher –

Market Report: FTSE fails to latch onto US rally as Spring Statement beckons

  • FTSE 100 flat.
  • US PMI data better than expected.
  • Chancellor in a tight spot ahead of Spring Statement.
  • Shell doubles down on LNG leadership and shareholder payouts.
  • Kingfisher profit guidance disappoints as cost pressures mount.
  • Brent Crude gains gather steam- tariff shift demand positive but supply negative.

Derren Nathan, head of equity research Hargreaves Lansdown:

“The FTSE 100 has opened flat today, pausing for breath despite strong gains on Wall Street yesterday. US markets are beginning...

https://allaboutshipping.co.uk/2025/03/25/market-report-ftse-fails-to-latch-onto-us-rally-as-spring-statement-beckons/

Fed warns on tougher rate hikes and B&Q owner Kingfisher hammers out a big profits jump

Susannah Streeter

22 March 2022 – Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown:

‘’Caught between a rock and a hard place, the Federal Reserve sees little option but to try and chip away inflation with even bigger interest rate hikes this year, if price pressures keep mounting. And there are very few signs of much relief given that the only way has been up for the price of oil in recent days. Brent Crude trekked upwards to over $118 dollars a barrel in early trade,...

https://allaboutshipping.co.uk/2022/03/22/fed-warns-on-tougher-rate-hikes-and-bq-owner-kingfisher-hammers-out-a-big-profits-jump/