FTSE 100 Declines As Miners Drag On China Concerns

RTTNews | il y a 704
FTSE 100 Declines As Miners Drag On China Concerns

(RTTNews) - U.K. stocks traded lower on Monday as concerns about China's property market returned to the fore.

The benchmark FTSE 100 was down 55 points, or 0.7 percent, at 7,628 after closing flat with a positive bias on Friday.

Miners Anglo American, Antofagasta and Glencore fell 2-3 percent on concerns about financial problems in China's property sector after Evergrande's debt restructuring hit a roadblock.

Gambling firm Entain plunged 9.4 percent after it warned on its online net gaming revenues for the third quarter and the full year.

CRH rallied 3 percent after the building materials giant announced the repurchase of 17.7 million ordinary shares.

Insurer Aviva fell about 1 percent after it agreed to acquire AIG's U.K. protection business.

read more
German Inflation Accelerates To 2.2% In August

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews | il y a 2h 9min
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | il y a 4h 59min
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | il y a 5h 28min
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | il y a 8h 31min
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | il y a 9h 15min