Sentiment Weak At FTSE-100

RTTNews | Před 1063 dny
Sentiment Weak At FTSE-100

(RTTNews) - The euphoria over the recent rollback of fiscal measures appeared to fade amidst the negative sentiment triggered by the stubborn inflation. Anxiety lingered ahead of the interest review due by the Fed, ECB and Bank of England in the ensuing days.

FTSE 100 oscillated between 6,938.07 and 6,894.85, versus the previous close of 6,924.99.

The benchmark index of the London Stock Exchange is currently trading at 6,928.38, up 0.05 percent on an overnight basis.

In the 100-scrip index, 54 are trading above the levels on Wednesday.

Harbour Energy has gained more than 4 percent, closely followed by Lloyds Banking group which has added 3.5 percent. Shell, Convatec Group and NatWest group have gained more than 2 percent.

BT Group and Dechra Pharmaceuticals have both shed more than 3 percent.

Lloyds Banking group is the most active scrip with a turnover of 65 million. The GBP/USD pair gained 0.50 percent to trade at 1.1270 amidst the US Dollar Index weakening 0.38 percent to 112.55.

Yields on U.K.'s ten-year bonds increased 0.14 percent to 3.87 percent from Tuesday's close of 3.8690.

read more
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday, reversing the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving above the 45,000 mark, with gains across most sectors led by exporters and technology stocks.
RTTNews | Před 18 minutami
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian market is trading modestly lower on Thursday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness across most sectors led by mining and energy stocks.
RTTNews | Před 59 minutami
U.S. Dollar Advances After Fed Decision

U.S. Dollar Advances After Fed Decision

The U.S. dollar climbed against its major counterparts in the New York session on Wednesday, as the Federal Reserve cut its key interest rate and projected two more reductions for this year.
RTTNews | Před 3 h 35 min
Fed Cuts Rates By Quarter Point, Forecasts Two More Rate Cuts This Year

Fed Cuts Rates By Quarter Point, Forecasts Two More Rate Cuts This Year

In a widely expected move, the Federal Reserve on Wednesday announced that it has decided to lower interest rates by a quarter point, marking the first rate cut of 2025. The Fed said it decided to lower the target range for the federal funds rate by 25 basis points to 4.0 percent to 4.25 percent, citing a shift in the balance of risks.
RTTNews | Před 7 h 34 min
Swiss Market Ends Marginally Down

Swiss Market Ends Marginally Down

After a weak start and a subsequent long spell in negative territory, the Switzerland market briefly moved above the flat line in late afternoon trade on Wednesday, but failed to sustain momentum and settled marginally down with a few frontline stocks turning weak again.
RTTNews | Před 8 h 0 min
European Markets Close Mixed After Cautious Session

European Markets Close Mixed After Cautious Session

European stocks turned in a mixed performance on Wednesday with investors digesting regional economic data, and awaiting the Federal Reserve's monetary policy announcement due later in the day.
RTTNews | Před 8 h 29 min
Canadian Market Modestly Higher At Noon; BoC Lowers Interest Rate

Canadian Market Modestly Higher At Noon; BoC Lowers Interest Rate

Canadian stocks are up in positive territory around noon on Wednesday with investors reacting to the Bank of Canada's decision to cut interest rates by 25 basis points. The recent weak labor market data and economic slowdown have raised prospects of further easing by the Canadian central bank.
RTTNews | Před 9 h 56 min
Bank Of Canada Lowers Interest Rates By A Quarter Point

Bank Of Canada Lowers Interest Rates By A Quarter Point

After leaving interest rates unchanged for three straight meetings, the Bank of Canada on Wednesday announced its widely expected decision to lower rates by a quarter point. The Bank of Canada said it decided to reduce its target for the overnight rate by 25 basis points to 2.5 percent, with the Bank Rate at 2.75 percent and the deposit rate at 2.45 percent.
RTTNews | Před 10 h 38 min