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FTSE 100 Marginally Higher After Recent Losses
(RTTNews) - U.K. stocks were steady on Thursday after a three-day slump on worries about inflation and interest rates.
The benchmark FTSE 100 was marginally higher at 7,450 after losing 1.5 percent on Wednesday.
J Sainsbury, a chain of grocery stores, rose half a percent after an announcement that it is exploring a number of options for its financial services division.
Mining giant BHP fell about 1 percent after flagging possible writedowns at its nickel unit.
Kier Group added about 2 percent. The construction firm said its performance in the first half of its fiscal year remained ahead of last year's.
Watches Of Switzerland plummeted 26 percent after the luxury watch retailer cut its FY24 revenue guidance.
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New Zealand Rate Decision On Tap For Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to trim its Official Cash Rate (OCR) by 25 basis points, to 3.00 percent from 3.25 percent.
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1घंटे 7 मिनट पहले
Canadian Dollar Drops After Weak Inflation Data
The Canadian dollar declined against its most major counterparts in the New York session on Tuesday, following the release of weak inflation data for July.
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1घंटे 25 मिनट पहले
Canadian Market Modestly Lower In Cautious Trade
After moving modestly higher in early trades, the Canadian market gave up gains as investors digested the nation's inflation data, and closely followed the developments on Russia-Ukraine peace talks front.
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Swiss Market Ends On Strong Note
After a somewhat subdued start, the Switzerland market gained in strength as the session progressed on Tuesday, to eventually closed on a bright note.
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European Stocks Close Higher On Russia-Ukraine Peace Deal Hopes
European stocks closed higher on Tuesday as the mood remained positive amid optimism over a potential Russia-Ukraine peace deal, after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good".
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U.S. Housing Starts Unexpectedly Surge In July But Building Permits Slump
A report released by the Commerce Department on Tuesday unexpectedly showed a sharp increase by new residential construction in the U.S. in the month of July. The Commerce Department said housing starts shot up by 5.2 percent to an annual rate of 1.428 million in July after spiking by 5.9 percent to an upwardly revised rate of 1.358 million in June.
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U.S. Housing Starts Unexpectedly Surge 5.2% In July
A report released by the Commerce Department on Tuesday unexpectedly showed a sharp increase by new residential construction in the U.S. in the month of July.
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10घंटे 23 मिनट पहले
Swiss Franc Rises Despite Russia-Ukraine Peace Deal Hopes
The safe-haven Swiss franc strengthened against other major currencies in the European session on Tuesday, despite expectations for a peace agreement between Russia and Ukraine.
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