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FTSE 100 Rises On Rate Cut Hopes
(RTTNews) - U.K. stocks advanced on Friday, a day after the Bank of England opened the door to interest rate cuts, saying it is looking for "more evidence" that inflation would continue falling.
Investors looked ahead to the release of the U.S. January jobs report later in the day, with analysts expecting a modest slowdown in job growth.
The benchmark FTSE 100 was up 41 points, or half a percent, at 7,663 after closing 0.1 percent lower on Thursday.
Wizz Air Holdings shares soared more than 8 percent. The airline reported higher number of passengers flying in its aircrafts for January compared to the same period last year. Peer EasyJet rallied 3.5 percent.
Banks traded higher, with Barclays climbing nearly 3 percent.
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Korea Interest Rate Decision Due On Thursday
The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
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Před 39 minutami
Swiss Franc Advances Against Majors
The Swiss franc climbed against its major counterparts in the New York session on Wednesday.
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Před 2 h 7 min
European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Wednesday as investors largely stayed cautious, looking ahead to chipmaker Nvidia's quarterly earnings announcement, and continuing to assess the political situation in France.
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Před 5 h 45 min
Euro Falls Amid Political Uncertainty
The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
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Před 10 h 1 min
Bay Street Likely To Open On Positive Note
Canadian shares are likely to open on a positive note on Wednesday, riding on strong earnings from Royal Bank of Canada and National Bank of Canada. Weak commodity prices and concerns on the geopolitical and tariffs front may weigh limit market's upside.
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Před 10 h 26 min
European Stocks Turning In Mixed Performance
European stocks are turning in a mixed performance on Wednesday as political uncertainty in France, and a lack of any significant positive triggers render the mood cautious. Investors are also awaiting earnings updates from AI major NVIDIA.
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Před 10 h 53 min
FTSE 100 Flat In Lackluster Trade; Bank Stocks Drifting Lower
U.K. stocks are somewhat subdued in lackluster trade on Wednesday as investors remain a bit reluctant to make significant moves due to a lack of triggers.
The benchmark FTSE 100 was at 9,266.25 a little before noon, up 0.45 points over previous close.
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Před 11 h 42 min
CAC 40 Advances After Recent Losses
Despite the uncertainty on the political front, the French market is up in positive territory on Wednesday due largely to some bargain hunting at several counters after two successive days of declines. Investors are also looking ahead to AI giant Nvidia's earnings updates.
RTTNews
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Před 11 h 57 min
