FTSE 100 Dips As Pound Gains On Robust Employment Data

RTTNews | 625天前
FTSE 100 Dips As Pound Gains On Robust Employment Data

(RTTNews) - U.K. stocks fell on Tuesday and the pound strengthened against its major peers after official data showed the U.K. jobless rate declined in the fourth quarter.

The ILO unemployment rate fell to 3.8 percent in the fourth quarter from 3.9 percent in the prior period, according to figures from the Office for National Statistics. The rate was also below economists' forecast of 4.0 percent.

In three months to December, average earnings including bonus rose 5.8 percent annually, slower than the 6.7 percent rise in November. Earnings growth was expected to ease more sharply to 5.6 percent.

The benchmark FTSE 100 was down 11 points, or 0.2 percent, at 7,562 after finishing marginally higher on Monday.

Travel operator TUI Group rose 2.6 percent after it reported a narrower loss for the first quarter, amidst an increase in revenue on higher demand at improved prices and rates. In addition, the company has reaffirmed its full-year guidance.

Cairn Homes fell about 1 percent. The Irish homebuilding company announced that it has appointed Richard Ball as its chief financial officer, effective April 10.

read more
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews | 1小時26分鐘前
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming its early losses in mid-market moves on Thursday, but adding to the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,900 level, with gains in iron ore miners and financial stocks partially offset by weakness in technology stocks.
RTTNews | 2小時13分鐘前
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, amid optimism about a potential trade deal between the U.S. and China as US President Donald Trump and Chinese President Xi Jinping meet. Traders also react to another quarter point interest rate cut by the US Fed. Asian markets closed mostly higher on Wednesday.
RTTNews | 2小時27分鐘前
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese market is modestly lower in choppy trading on Thursday, reversing some of the sharp gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling well below the 51,150 level, with weakness in index heavyweights and automaker stocks partially offset by gains in financial and technology stocks.
RTTNews | 4小時11分鐘前
China Bourse May Slip Beneath 4,000-Point Level

China Bourse May Slip Beneath 4,000-Point Level

The China stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had collected more than 80 points or 2 percent. The Shanghai Composite Index now sits just above the 4,015-point plateau although it may head south again on Thursday.
RTTNews | 4小時35分鐘前
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian market is trading modestly lower on Thursday, adding to the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,900 level, with gains in iron ore miners and financial partially offset by weakness in technology stocks.
RTTNews | 4小時42分鐘前