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Stock impact report

London markets edge up as growth fears on hold [MarketWatch]

Citigroup, Inc. (C) 
Last citigroup, inc. earnings: 4/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: citigroup.com/citi/investor/pres.htm
Company Research Source: MarketWatch
London markets edge up as growth fears on hold London shares nudged slightly higher Monday as investors looked for clarity on global economic growth worries. In the U.K., the FTSE 100 UKX, +0.08% was up 0.1% to 7,440.9. It closed up 0.3% Friday. The pound GBPUSD, +0.2218% was flat at 1.3099. It had ticked up 0.1% Friday. Markets continued to be impressed by Friday’s China data, which surprised to the upside in exports and saw a significant increase in loan growth. There was much discussion on the weekend about whether the improving China data, offsetting global growth fears, would continue to support equities. Read: Global policy makers say they’re willing to ‘shore up growth’ to avoid world slowdown Jasper Lawler, head of research at London Capital Group, suggested growth fears could easily return. “China’s GDP data due on Wednesday will also be closely scrutinized and could act as a drag on risk appetite [as] China’s GDP is expected to tick lower to 6.3% year on year in Q1, Show less Read more
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