It's a busy week as Tesco, Sports Direct and ASOS deliver their results.
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The broad sell-off across equity markets this week is just a mid-cycle correction and will only make the equity rally last longer, Fidelity’s Dominic Rossi has said.
Nearly two thirds of Barclays Stockbrokers clients remain confident in the long-term prospects of the troubled UK retail sector, with nearly two fifths tipping Tesco for success.
UK stock markets recovered slightly on Friday morning as investors looked for bargains in the aftermath of recent volatility, which sent equities to a 16-month low the previous session.
UK stocks attempted to claw their way back on Thursday, though early gains were quickly trimmed as shaky investors continued to tread nervously after a 'flash-crash' in US Treasury yields in the previous session.
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Weak inflation data in China and Germany reignited fears about a global economic slowdown on Wednesday, pushing UK stocks sharply lower in morning trade.
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UK stocks declined on Tuesday as gains in the mining sector were offset by disappointing updates from the likes of Burberry, Hargreaves Lansdown, SABMiller, Michael Page International and Mulberry.
Burberry announced revenue of £1.1bn today, up 14 per cent for the six months to 30 September, yet the high-fashion house’s share price fell.
UK retailer Mulberry has issued a profit warning after a "greater than anticipated" decline in wholesale sales.
Forget about last week's relaxed pace. The markets are back in gear with Ashmore and WH Smith just two of the household names set to update their investors.
There was no let-up in the selling pressure on Monday as the UK stock market resumed its sell-off despite a strong performance by the mining sector.
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