Sentiment Weak At FTSE-100

RTTNews | 982日前
Sentiment Weak At FTSE-100

(RTTNews) - FTSE 100 of the London Stock Exchange shed close to half a percent amidst fears that the Covid spread and the widespread unrest in China could impact global economic demand and recovery.

FTSE 100 oscillated between 7,420.00 and 7,486.67, the previous day's closing level. The benchmark index of the London Stock Exchange is currently trading at 7,454.93, down 0.42 percent on an overnight basis.

In the 100-scrip index, only 12 are trading in the overnight green zone. Rolls Royce Holdings topped with an uptick of more than 1 percent.

Admiral Group was the biggest loser with a 3.7 percent decline. Persimmon also shed more than 3 percent. BP and Ocado group have both declined more than 2 percent.

The GBP/USD pair gained 0.72 percent to trade at 1.2097 amidst the US Dollar Index dropping 0.35 percent to 105.59.

Yields on U.K.'s ten-year bonds increased 0.16 percent to 3.124% from the previous close of 3.119%.

Earlier data from the Confederation of British Industry's Distributive Trade Survey, showed retail sales declining sharply to -19, from 18 in the previous month.

read more
German Exports Recover In June

German Exports Recover In June

Germany's exports grew for the first time in three months in June despite falling shipments to the US, data from Destatis revealed Thursday. Exports advanced 0.8 percent on a monthly basis in June, reversing a fall of 1.4 percent in May. Shipments were expected to rise 0.5 percent. Reflecting the impact of higher tariff, exports to the United States dropped 2.1 percent on a monthly basis.
RTTNews | 36分前
European Economic News Preview: BoE Likely To Cut Rates

European Economic News Preview: BoE Likely To Cut Rates

The Bank of England is widely expected to cut its interest rates for the fifth time in a year to support the economy even as inflation continued to stay stubbornly above the target. Markets anticipate a quarter-point cut, bringing the bank rate to 4.00 percent, which will be the lowest since early 2023.
RTTNews | 1時41分前
European Shares Poised For Mixed Open

European Shares Poised For Mixed Open

European stocks are seen opening on a mixed note Thursday after U.S. President Donald Trump announced he will impose a 100 percent tariff on imports of semiconductors and chips, with exemptions for companies relocating production to the U.S.
RTTNews | 2時7分前
Sensex, Nifty Open Lower On Tariff Concerns

Sensex, Nifty Open Lower On Tariff Concerns

Indian shares opened a tad lower on Thursday after U.S. President Donald Trump signed an executive order imposing an additional 25 percent tariff on India as a "penalty" in response to its continued purchase of Russian oil.
RTTNews | 3時14分前
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian market is extending early losses in mid-market moves on Thursday, snapping a three session winning streak, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,850 level, with weakness in iron ore miners and energy stocks.
RTTNews | 4時11分前
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, despite the broadly positive cues from Wall Street overnight, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the US Fed cutting interest rates as early as September based on the recent economic data from the U.S.
RTTNews | 4時38分前