Rate Hike Fears Weaken Sentiment At FTSE-100

RTTNews | 889 दिनों पहले
Rate Hike Fears Weaken Sentiment At FTSE-100

(RTTNews) - FTSE 100 of the London Stock Exchange shed more than quarter percent amidst fears over the length and depth of rate hikes by central banks. The Fed's decision is due later in the day whereas the Bank of England would announce its decision on Thursday.

Meanwhile, the annual inflation rate in the U.K. slowed more than expected to 10.7 percent in November, from 11.1 percent in October, whilst markets were expecting a smaller drop to 10.9 percent.

FTSE 100 oscillated between 7,460.35 and 7,490.80 versus the previous day's closing level of 7,502.89.

The benchmark index of the London Stock Exchange is currently trading at 7,482.86, down 0.27 percent on an overnight basis.

In the 100-scrip index, only 28 are trading in the overnight green zone.

Fresnillo topped with an uptick of 3.1 percent. BT Group and Harbour Energy have both gained more than 2 percent.

Ocado group declined 3.9 percent whereas International Consolidated Airlines lost 2.7 percent.

The GBP/USD pair gained 0.20 percent to trade at 1.2379 amidst the US Dollar Index dropping 0.12 percent to 103.86.

Yields on U.K.'s ten-year bonds increased 1.23 percent to 3.3375% from the previous close of 3.2970%.

read more
Asian Markets Tracks Wall Street Lower

Asian Markets Tracks Wall Street Lower

Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets. Asian markets closed mostly higher on Wednesday.
RTTNews | 14 मिनटों पहले
Sensex, Nifty Set To Open Lower After US Selloff

Sensex, Nifty Set To Open Lower After US Selloff

Indian shares may open lower on Thursday as investors react to escalating geopolitical tensions, rising U.S. Treasury yields and a lack of progress on U.S. trade talks with partners.
RTTNews | 41 मिनटों पहले
Soft Start Anticipated For Thai Stock Market

Soft Start Anticipated For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last 11 trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,180-point plateau and it may tick lower again on Thursday.
RTTNews | 1घंटे 13 मिनट पहले
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 37,100 level, with weakness across most sectors led by index heavyweights and technology stocks.
RTTNews | 1घंटे 43 मिनट पहले
Indonesia Bourse May Hand Back Wednesday's Gains

Indonesia Bourse May Hand Back Wednesday's Gains

The Indonesia stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had rallied more than 310 points or 4.5 percent. The Jakarta Composite Index now rests just above the 7,140-point plateau, although it may head south again on Thursday. The global forecast for the Asian markets is negative on concerns over rising bond yields. The European markets were mixed and the U.S. bourses were sharply lower and the Asian markets also figure to open under pressure.
RTTNews | 1घंटे 43 मिनट पहले
Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market has finished higher in consecutive trading days, accelerating almost 500 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 23,825-point plateau, although it's likely to run out of steam on Thursday.
RTTNews | 1घंटे 58 मिनट पहले
Australian Market Notably Lower

Australian Market Notably Lower

The Australian market is trading notably lower on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,300 level, with weakness across most sectors led by and technology stocks. Gold miners are the only bright spot.
RTTNews | 2घंटे 1 मिनट पहले
Rally May Stall For China Stock Market

Rally May Stall For China Stock Market

The China stock market has climbed higher in three straight sessions, improving more than 20 points or 0.6 percent along the way. The Shanghai Composite Index now rests just shy of the 3,390-point plateau, although it may run out of steam on Thursday.
RTTNews | 2घंटे 13 मिनट पहले