You can always trust Douglas Murray to eloquently put the facts across

Blondemoney's Helen Thomas observes - "Nvidia stock fell 12% (during and after hours), losing over $280bn in value, the largest ever one day market cap loss for any company.

Michael Wilson & David Buik talk to The Ritz Hotel’s special advisor Andrew Love about tourism & entertainment in this edition of capital.com’s “Talking Markets.’ We hope HM Government is listening! Potential gold mine. The Ritz par-excellence! youtube.com/watch?v=6xvOcS…

At 8.16am - FTSE 100 - 8,250.14 −48.32 (-0.58%) - Not too bad an opening. considering the shake-out on Wal Street. However, in fairness the fundamentals are very different. Our modest manufacturing was good and the UK has no large tech titans whose valuations might concern us

Labour: Tory leadership field a ‘damning indictment’ of state of Conservative Party. Labour has more front than Brighton Pier commenting. It has hardly covered itself in glory in its first 2 months of government. I suppose it has a minimum of 4 years 10 months to prove its worth

European/US closing levels - 4/9/24 - FTSE – 8,269.60 −28.86 (-0.35%), DAX - 18,590.95 −156.16 (-0.83%), CAC40 - 7,497.10 −78.00 (-1.03%), DJIA - 40,974.97 +38.04 (+0.093%), S&P500 - 5,520.07 −8.86 (-0.16%), NASDAQ - 17,084.30 −52.00 (-0.30%)

BRENT CRUDE $72.85, GOLD $2524.50, UK 2-YEAR GILT YIELD 4.03%, 7-YEAR GILT YIELD 3.82%, 10-YEAR GILT YIELD 3.94%, 10-YEAR US TREASURY YIELD 3.77%, BITCOIN $57,190.15 CABLE $1.3141 at 5.19am

UK Companies earnings posted today – Vistry Group, Curry’s Safestore, Ashmore, Genus - US companies –Broadcom

Economic Data posted today - UK PMI Construction, Germany Factory Orders, US PMI Services & Composite, US Initial & Continuing Jobless Claims, Crude Oil Inventories, US ISM Services, US Factory Orders

A weaker Labour market & dovish Fed comments pushed Wall Street just into negative territory yesterday, ahead of Friday's US payroll data. Europe lack-lustre. Oil $72. Asia flat. Opening calls short of impetus. FTSE -19 @ 8250 DAX -48 @ 18542 CAC -19 @ & 7578 DJIA -35 @ 40939

BLOOMBERG - US job openings fell in July to the lowest level since the start of 2021 as company firings rose. The decline coincides with recent data that show the labor market softening. An economic soft landing has heightened concerns the FED has waited too long to cut rates.

It has - as it does virtually every time. Forever behind the curve!

Hyperbole is often mis-used. Nonetheless former Justice Secretary Alex Chalk is the most articulate politician, who strutted his stuff with LBC’S Nick Ferrari this AM, I’ve heard for years: knowledgeable, enthusiastic & fun. Clearly nonsense has been pedalled by Labour on prisons

At 9.03am - FTSE 100 - 8,280.08 +10.48 (-0.13%) - FTSE 100 has, contrary to expectations, opened in positive territory, against the grain, awaiting analysis of PMI Services and composite. VISTRY +2.90%, CURRY'S -0.50%

David Buik We need to get him back in Parliament if we can. Was clearly future leader material

NEW EPISODE IS OUT! In this special episode, David Buik David Buik shares his unique insight into how the City has changed over the past 60 years, from the culture to the butler service - and what it was like working with minimal regulation Listen now: open.spotify.com/episode/0xgF9O…

David Buik Kelvis They are not prisoners. They are folk being held in remand, awaiting trial. A large number of them have been waiting for unacceptably long periods of time. Taking up much-needed space in our prisons. Why so many and why for so long?

Can some modicum of peace & a sense of unanimity be brought to the French political scene by PM Barnier. He will certainly earn his corn if he makes any progress. As for foreign affairs his loathing of the UK & his contempt of BREXIT suggests he will not be a cosy bed partner.