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Wednesday, April 13, 2016

London stock market hits 2016 high after Chinese exports rebound

Better-than-expected trade figures from China have sent stock markets soaring across Europe and Asia * Latest: FTSE 100 hits 6300 points * Chinese exports jump 11% in March * Full story: Tesco warns on profit growth * Coming up: JP Morgan results and IMF report 11.25am BST BENEATH THE OPTIMISM IN THE MARKETS, WORRIES OVER GREECE’S BAILOUT ARE RESURFACING. 10.47am BST ITALIAN BANK SHARES HAVE RISEN SHARPLY THIS MORNING, UP AROUND 6% ON AVERAGE. The €5bn bank rescue deal agreed over the weekend is bolstering confidence in the sector. Major Italian banks rise at average 6.02% pic.twitter.com/4DDe9gk6qR Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com