FTSE 100 Declines Ahead Of Budget

RTTNews | 818 hari yang lalu
FTSE 100 Declines Ahead Of Budget

(RTTNews) - U.K. stocks fell on Wednesday as investors geared up for Chancellor Jeremy Hunt's "Spring Budget" today in which he's expected to announce key pension and child-care reforms.

The benchmark FTSE 100 was down 72 points, or 0.9 percent, at 7,565 after rising 1.2 percent on Tuesday.

Insurer Prudential tumbled 6.2 percent after its annual premium equivalent and new business profit missing consensus marginally.

Burberry dropped 1.3 percent after the luxury house hired Kate Ferry from McLaren Group as its new chief financial officer.

Commodity trading and mining firm Ferrexpo lost 3.6 percent after reporting a decline in FY22 profit.

Online trading platform IG Group plunged 7 percent after its third-quarter net trading revenue fell on lower market volatility.

read more
Sensex, Nifty End Choppy Session Narrowly Mixed

Sensex, Nifty End Choppy Session Narrowly Mixed

Indian shares fluctuated before ending little changed on Tuesday as investors waited for more details to emerge from the second day of ongoing U.S.-China trade negotiations in London.
RTTNews | 54 minit yang lalu
Yen Recovers Amid BoJ Rate Hike Speculation

Yen Recovers Amid BoJ Rate Hike Speculation

The Japanese yen recovered from early lows against other major currencies in the European session on Tuesday, as traders speculate that the Bank of Japan (BoJ) will hike interest rates this year.
RTTNews | 1j 15min yang lalu
UK Jobless Rate Rises; Wage Growth Softens

UK Jobless Rate Rises; Wage Growth Softens

The UK unemployment rate rose slightly in the three months to April period and wage growth softened as the rise in social security contribution and the minimum wage started to weigh on the labor market activity. The ILO jobless rate rose to 4.6 percent in the three months to April, as expected, from 4.5 percent in the three months to March, data from the Office for National Statistics revealed T
RTTNews | 1j 40min yang lalu
Asian Shares Rise As US-China Talks Gather Momentum

Asian Shares Rise As US-China Talks Gather Momentum

Asian stocks advanced on Tuesday ahead of a second day of talks in London between China and the U.S. to resolve tariff disputes and strengthen economic relations. U.S. officials expressed optimism after the first day of negotiations, boosting investor sentiment.
RTTNews | 2j 34min yang lalu
Pound Slides On Weak U.K. Employment Data

Pound Slides On Weak U.K. Employment Data

The British pound weakened against other major currencies in the early European session on Tuesday, after the U.K. unemployment rate rose slightly in the three months to April period.
RTTNews | 3j 30min yang lalu
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the early European session on Tuesday.
RTTNews | 3j 51min yang lalu