FTSE 100 Inches Higher After GDP Data

RTTNews | 700日前
FTSE 100 Inches Higher After GDP Data

(RTTNews) - U.K. stocks edged higher on Wednesday after data showed retailers and the film industry helped Britain's economy inch higher in April as expected.

GDP grew by 0.2 percent month-on-month in April, the Office for National Statistics said, coming in line with analyst estimates.

The benchmark FTSE 100 was up 19 points, or 0.3 percent, at 7,614 after closing up 0.3 percent on Tuesday.

Ladbrokes-owner Entain slumped 11 percent on news it would buy Poland-based sports betting operator STS Holdings for 750 million pounds ($946 million).

Self-storage company Safestore Holdings fell more than 2 percent after its pre-tax profit declined 64 percent in the first half of fiscal 2023 despite higher revenue.

Oil & gas giant Shell gained half a percent after it announced plans to ramp up dividend and share buybacks.

read more
U.S. Dollar Extends Slide On Soft Inflation Data

U.S. Dollar Extends Slide On Soft Inflation Data

The U.S. dollar extended its early weakness against other major currencies in the Asian session on Wednesday, as inflation slowed more than expected in April, raising hopes of further easing by the Federal Reserve.
RTTNews | 1時22分前
European Shares Likely To Drift Lower At Open

European Shares Likely To Drift Lower At Open

European stocks may open slightly lower on Wednesday after U.S. Treasury Secretary Scott Bessent downplayed the possibility of a quick agreement with the European Union, saying the bloc suffers from a "collective action problem" that's hampering trade negotiations.
RTTNews | 2時34分前
European Economic News Preview: German Final Inflation Data Due

European Economic News Preview: German Final Inflation Data Due

Final inflation from Germany and Spain are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's final consumer prices for April. Consumer price inflation is seen easing to 2.1 percent from 2.2 percent in March. In the meantime, final consumer prices from Sweden and industrial production from Romania are due.
RTTNews | 3時10分前
Sensex, Nifty Open Higher On Rate Cut Hopes

Sensex, Nifty Open Higher On Rate Cut Hopes

Indian shares were notably higher on Wednesday as signs of easing retail inflation sparked hopes for more rate cuts from the Reserve Bank of India in coming months.
RTTNews | 3時33分前
Australian Market Maintains Slight Losses In Mid-market

Australian Market Maintains Slight Losses In Mid-market

The Australian stock market is maintaining its slight losses in mid-market moves on Wednesday, snapping a five-session winning streak, with the benchmark S&P/ASX 200 staying well below the 8,300 level, following the mixed cues from Wall Street overnight, with a mixed performance across most sectors. Traders are also booking some profits following the recent upside in the markets.
RTTNews | 4時27分前
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders assess the impact a temporary US-China tariff war settlement, under which tariffs will be reduced to 30 percent and 10 percent, respectively, for a 90-day period. They also cautiously await trade deals with other major US trading partners. Asian markets closed mixed on Tuesday.
RTTNews | 5時12分前
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares look set to open on a positive note Wednesday after official data showed India's consumer price inflation eased further in April to the lowest level in nearly six years amid a slower rise in food prices.
RTTNews | 5時30分前