FTSE 100 Rises On Buzz Rates May Have Peaked

RTTNews | 723 일 전
FTSE 100 Rises On Buzz Rates May Have Peaked

(RTTNews) - U.K. stocks traded higher on Thursday to hover near one-week high as bond yields pulled back on expectations that interest rates may have peaked.

The Bank of England is now predicted to make only one more increase to Bank Rate on Sept 21 despite inflation staying high.

The benchmark FTSE 100 was up 30 points, or 0.4 percent, at 7,350 after rising 0.7 percent on Wednesday.

AstraZeneca edged up slightly after its prostate-cancer treatment Lynparza received approval in Japan.

Recruiter Hays was marginally higher after naming a new CEO.

Power generation company Drax Group fell over 1 percent after naming a chair designate.

Harbour Energy declined 1.4 percent after narrowing its full-year production guidance to the lower end of the range.

Hunting plunged 7.6 percent. The oil services firm said it was further restructuring its operating footprint and disposing non-core exploration and production assets in a bid to cut costs.

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Euro Higher Against Majors

Euro Higher Against Majors

The euro appreciated against its major counterparts in the New York session on Friday.
RTTNews | 9 시간 26 분 전
TSX Down Marginally In Lackluster Trade

TSX Down Marginally In Lackluster Trade

Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in Ukraine.
RTTNews | 12 시간 17 분 전
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market ended on a firm note on Friday with stocks from across several sectors gaining ground on sustained buying support. The mood remained positive right through the day's session, amid some expectations about an end to the Ukraine war.
RTTNews | 12 시간 45 분 전
European Stocks Close Mixed After Cautious Session

European Stocks Close Mixed After Cautious Session

European stocks closed on a mixed note on Friday with investors largely staying cautious, awaiting the meeting of the Presidents of the U.S. and Russia, and continuing to assess Trump administration's tariff moves and their impact on global economic growth.
RTTNews | 13 시간 3 분 전
U.S. Business Inventories Rise In Line With Estimates In June

U.S. Business Inventories Rise In Line With Estimates In June

A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.
RTTNews | 14 시간 41 분 전
U.S. Consumer Sentiment Unexpectedly Deteriorates In August

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.
RTTNews | 14 시간 59 분 전
U.S. Industrial Production Pulls Back Slightly In July

U.S. Industrial Production Pulls Back Slightly In July

A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.
RTTNews | 15 시간 28 분 전
New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.
RTTNews | 15 시간 52 분 전