FTSE 100 Edges Higher On Fed Rate Pause Bets

RTTNews | hace 641
FTSE 100 Edges Higher On Fed Rate Pause Bets

(RTTNews) - U.K. stocks rose on Thursday after a highly anticipated U.S. inflation report cemented the case for a Federal Reserve rate pause next week. Investors also awaited the ECB rate decision later in the day for direction.

The benchmark FTSE 100 was up 26 points, or 0.4 percent, at 7,552 after finishing marginally lower on Wednesday.

Trainline jumped more than 13 percent. The online rail ticket seller has unveiled a £50 million share buyback after reporting faster-than-expected growth in the first half of its financial year.

Online trading platform IG Group added 1.4 percent after reporting a marginal rise in Q1 revenue.

LondonMetric Property was slightly lower. The real estate investment trust has announced the sale of a portfolio of four multi-let industrial estates, to Hines, for 40.5 million pounds, reflecting a NIY of 6.2 percent.

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Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Monday.
RTTNews | hace 26 minutos
Vita Warehouse Recalls Select Gummy Products For Risk Of Undeclared Peanut

Vita Warehouse Recalls Select Gummy Products For Risk Of Undeclared Peanut

Vita Warehouse Corp. has called back one lot of select Welby, Berkely Jensen and VitaGlobe branded gummy products citing the potential presence of undeclared peanuts, a known allergen, according to the U.S. Food and Drug Administration. The impacted products were distributed at ALDI and BJ's retail stores across the Unites States and online at aldi, bjs, vitaglobe and amazon sites.
RTTNews | hace 57 minutos
European Shares Seen Tad Lower At Open

European Shares Seen Tad Lower At Open

European stocks may open flat to slightly lower on Monday as the deadly conflict between Israel and Iran entered its fourth day, with both sides firing new waves of missiles overnight.
RTTNews | hace 3h 13min
Sensex, Nifty Fluctuate As Investors Watch Israel-Iran News

Sensex, Nifty Fluctuate As Investors Watch Israel-Iran News

Indian shares fluctuated in early trade on Monday as the Israel-Iran conflict continued to escalate, with Israeli military claiming its attack on Iran eliminated high-value targets, and Iranian authorities confirming damage to four critical buildings at the Isfahan uranium conversion facility.
RTTNews | hace 4h 16min
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Monday, recouping some of the losses in the previous two sessions, despite the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,550.00 level, with gains in iron ore miners and energy stocks partially offset by weakness in financial stocks.
RTTNews | hace 5h 23min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, despite the broadly negative cues from Wall Street on Friday, boosted by strong gains in energy and mining stocks amid spiking commodity prices following the escalation in geopolitical tensions in the Middle East. However, concerns of the tensions triggering a full-blown conflict in the Middle East continue to weigh on the markets.
RTTNews | hace 5h 42min
Sensex, Nifty Set To Follow Asian Peers Higher

Sensex, Nifty Set To Follow Asian Peers Higher

Indian shares look set to open on a positive note Monday, mirroring firm cues from Asia and small gains in U.S. equity futures as investors watch the ongoing hostilities between Israel and Iran, which have now entered the fourth day.
RTTNews | hace 6h 14min
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is trading significantly higher on Monday, recouping some of the losses in the previous two sessions, despite the broadly negative cues from Wall Street on Friday, with the Nikkei 225 moving well above the 38,100 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | hace 7h 11min