FTSE 100 Gains As Markets Brace For Truss's Energy Plan

RTTNews | 995 일 전
FTSE 100 Gains As Markets Brace For Truss's Energy Plan

(RTTNews) - U.K. stocks rose on Thursday as investors await an announcement on Prime Minister Liz Truss's energy bill support package and the ECB rate decision later in the day.

The benchmark FTSE 100 was up 25 points, or 0.4 percent, at 7,263 after losing 0.9 percent on Wednesday.

Higher iron ore prices helped lift miners, with Antofagasta rising 1.4 percent and BHP adding 0.9 percent.

Restaurant Group surged 2.8 percent after narrowing its half-year net loss.

Melrose, the turnaround specialist that owns British engineer GKN, fell about 1 percent. The company announcing plans to separate its GKN Automotive and GKN Powder Metallurgy divisions and list them as a separate independent business.

Associated British Foods plunged over 7 percent after a profit warning.

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FTSE 100 Rises 0.7%

FTSE 100 Rises 0.7%

UK stocks are up in positive territory a little past noon on Friday, remaining firm after a steady start. Despite concerns about inflation and uncertainty about tariffs, investors are picking up stocks amid cautious optimism about growth.
RTTNews | 54 분 전
CAC 40 Modestly Higher In Cautious Trade

CAC 40 Modestly Higher In Cautious Trade

After a slightly weak start, the French market has moved higher on Friday with investors picking up stocks amid hopes the European Central Bank will lower interest rates at its ensuing meeting. The U.S. federal court's ruling against President Donald Trump's sweeping tariff moves on its trading partners had added to uncertainty on the trade front, rendering the mood a bit cautious.
RTTNews | 1 시간 24 분 전
DAX Up 0.8% On Selective Buying As Markets Await Clarity On Tariffs

DAX Up 0.8% On Selective Buying As Markets Await Clarity On Tariffs

German stocks are gaining notably ground in positive territory on Friday despite data showing a drop in the nation's retail sales in the month of April, and amid uncertainty about Trump administration's tariff moves after U.S. court rulings against the levies proposed by the U.S. President.
RTTNews | 1 시간 54 분 전
Yen Rises On Strong Tokyo Core Inflation Data

Yen Rises On Strong Tokyo Core Inflation Data

The Japanese yen strengthened against other major currencies in the Asian session on Friday, as Tokyo's core inflation data came in stronger than expected, increasing the chances of the Bank of Japan's (BoJ) 25 basis point rate hike in July.
RTTNews | 2 시간 19 분 전
European Shares Rise On ECB Rate Cut Hopes

European Shares Rise On ECB Rate Cut Hopes

European stocks traded higher on Friday despite the latest U.S. court rulings on President Trump's "Liberation Day" tariffs adding another layer of uncertainty.
RTTNews | 3 시간 10 분 전
Asian Shares Decline Amid Tariff Uncertainty

Asian Shares Decline Amid Tariff Uncertainty

Asian stocks ended mostly lower on Friday due to uncertainty surrounding a court battle about U.S. President Donald Trump's tariffs and rising concerns about U.S. economic stability.
RTTNews | 3 시간 36 분 전
European Economic News Preview: Germany Inflation, Retail Sales Data Due

European Economic News Preview: Germany Inflation, Retail Sales Data Due

Inflation and retail sales from Germany and private sector credit from the euro area are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany's retail sales figures for April. Sales are forecast to grow 0.3 percent month-on-month, in contrast to the 0.2 percent fall in March.
RTTNews | 6 시간 12 분 전