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Romain Fournier

Chief Editor
Having worked in the British, French and Swiss financial press, Romain is able to report on local and international issues, as comfortable in French as in the language of Shakespeare, Romain Fournier leads the editorial team at Marketscreener. Fine connoisseur of the English-speaking markets, Romain delivers an editorial every day on US and UK markets.

The latest from London: Gloomy Thursday

11/18/2021 | 05:28am EST

Investors’ worries about inflation and rate hikes are building up this week. Yesterday, fresh data showed that the U.S. homebuilding sector was hampered by shortages of labour and material, along with margin pressure due to higher costs. This comes after strong job and inflation data in the US and UK.

As a result, the FTSE 100 is down again today. Lower commodity prices hit oil companies, with Royal Dutch Shell and BP losing more than 1% each.

Royal Mail rose 4.8% after posting strong first-half results and raising its full-year earnings guidance.

 

Things to read today:

The Brexit stand-off: Boris Johnson’s Christmas truce (Financial Times)

Visa Tumbles on Amazon Ban in U.K. as Fight on Card Fees Expands (Bloomberg)


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