FTSE 100 Slips Ahead Of Fed, BoE Meetings

RTTNews | 968 일 전
FTSE 100 Slips Ahead Of Fed, BoE Meetings

(RTTNews) - U.K. stocks fell in cautious trade on Monday, as investors braced for a 75-100 bps rate hike by the U.S. Federal Reserve at the end of a two-day policy meeting on Wednesday.

Also, the Bank of England meets on Thursday, with markets split on whether the central bank will raise rates by 50 or 75 basis points ahead of a mini budget to be unveiled by the new Chancellor of the Exchequer Kwasi Kwarteng on Friday. The BoE meeting is delayed by a week after the death of Queen Elizabeth II.

The benchmark FTSE 100 dropped 45 points, or 0.6 percent, to 7,236 after closing 0.6 percent lower on Friday.

City of London Investment Trust shares fell around 1 percent. The company reported that its fiscal 2022 net return before taxation declined to 100.47 million pounds from last year's 267.16 million pounds.

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Mild Upside Seen For Thai Stock Market

Mild Upside Seen For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last six trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,215-point plateau and it's poised to inch higher again on Thursday.
RTTNews | 24 분 전
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese market is trading significantly lower on Thursday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 37,800 level, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
RTTNews | 45 분 전
Indonesia Bourse May Test Resistance At 7,000 Points

Indonesia Bourse May Test Resistance At 7,000 Points

The Indonesia stock market has finished higher in two straight sessions, improving more than 150 points or 2.2 percent in that span. The Jakarta Composite Index now rests just beneath the 6,980-point plateau although investors may lock in gains on Thursday.
RTTNews | 54 분 전
Oversold Hang Seng Nonetheless Called Higher Again

Oversold Hang Seng Nonetheless Called Higher Again

The Hong Kong stock market bounced higher again on Wednesday, one day after snapping the eight-day winning streak in which it had surged almost 1,600 points or 7.1 percent. The Hang Seng Index now sits just above the 23,640-point plateau although it may tick higher again on Thursday.
RTTNews | 1 시간 9 분 전
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is trading slightly lower on Thursday, snapping a six-session winning streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,300 level, with weakness across most sectors led by gold miners and energy stocks.
RTTNews | 1 시간 10 분 전
China Bourse May Add To Its Winnings On Thursday

China Bourse May Add To Its Winnings On Thursday

The China stock market has moved higher in three straight sessions, improving almost 65 points or 1.9 percent along the way. The Shanghai Composite Index now rests just above the 3,400-point plateau and it's looking at a higher open again on Thursday.
RTTNews | 1 시간 24 분 전
Taiwan Shares Expected To Open In The Green

Taiwan Shares Expected To Open In The Green

The Taiwan stock market has moved higher in four straight sessions, collecting almost 1,250 points or 6.2 percent in that span. The Taiwan Stock Exchange now sits just above the 21,780-point plateau and it's likely to open to the upside again on Thursday.
RTTNews | 1 시간 54 분 전
Rebound Anticipated For Singapore Shares

Rebound Anticipated For Singapore Shares

The Singapore stock market on Wednesday snapped the two-day winning streak in which it had gathered more than 30 points or 0.8 percent. The Straits Times Index now sits just above the 3,870-point plateau although it may bounce higher again on Thursday.
RTTNews | 2 시간 24 분 전