FTSE 100 Edges Lower Ahead Of Bailey Speech

RTTNews | 1132日前
FTSE 100 Edges Lower Ahead Of Bailey Speech

(RTTNews) - U.K. stocks were moving lower on Wednesday after a steep drop in U.S. consumer confidence stoked worries about a slowdown.

The focus shifted to inflation, with investors awaiting remarks by Federal Reserve chair Jerome Powell and Bank of England governor Andrew Bailey at the ECB Forum on Central Banking in Portugal.

In economic releases, U.K. shop prices grew at the fastest pace since 2008, reflecting the cost of living crisis, data published by the British Retail Consortium showed.

The BRC-NielsenIQ shop price index increased 3.1 percent on a yearly basis in June, following May's 2.8 percent rise. This was the biggest annual growth since September 2008.

The benchmark FTSE 100 slipped 0.4 percent to 7,291 after climbing 0.9 percent on Tuesday.

Miners fell after recent gains on hopes of resurgent demand from China. Anglo American and Antofagasta fell around 2 percent each.

Budget footwear retailer Shoe Zone surged 13.5 percent after a positive trading update.

Capita lost 3.3 percent. The outsourcing business said that revenue for the first half of the year was in line with expectations.

Discount retailer B&M European Value Retail advanced 2.7 percent despite reporting a sales drop in the first quarter.

read more
Swiss Market Ends Marginally Down

Swiss Market Ends Marginally Down

After an early sharp drop, the Switzerland market recovered some lost ground Monday morning, but stayed in negative territory right through the day's trading session, as investors largely stayed cautious, waiting for directional clues.
RTTNews | 3時44分前
U.S. Factory Orders Pull Back Sharply In June

U.S. Factory Orders Pull Back Sharply In June

After reporting a substantial increase by new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Monday showing factory orders pulled back sharply in the month of June. The Commerce Department said factory orders dove by 4.8 percent in June after soaring by an upwardly revised 8.3 percent in May.
RTTNews | 7時39分前
Weak Jobs Data Limits Dollar's Rebound

Weak Jobs Data Limits Dollar's Rebound

A smaller-than expected addition to non-farm payrolls curtailed the dollar's rally fueled by a hawkish Fed stance, higher-than-expected PCE-inflation readings, as well as anxiety ahead of the U.S.-China trade talks and the looming trade tariff deadline.
RTTNews | 7時41分前
Eurozone Investor Sentiment Weakens Unexpectedly

Eurozone Investor Sentiment Weakens Unexpectedly

Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.
RTTNews | 8時59分前
Bay Street Seen Opening On Cautious Note

Bay Street Seen Opening On Cautious Note

Canadian stocks may open on a mixed note on Monday with investors likely to stay cautious ahead of implementation of levies imposed by U.S. President Donald Trump, and a slew of earnings announcements due this week. Weak oil prices may weigh a bit.
RTTNews | 9時7分前
FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

The UK market is up in positive territory on Monday with stocks from the financial sector contributing significantly to the upmove after the outcome from the UK's motor finance investigation turned out to less severe than feared, with potential compensation estimated at 9 billion pounds, much less than the expected quantum o 30 billion pounds.
RTTNews | 9時58分前