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FTSE 100 Declines As China Ramps Up Lockdowns
(RTTNews) - U.K. stocks fell on Friday as lower commodity prices weighed on the mining sector.
The benchmark FTSE 100 was down 50 points, or 0.7 percent, at 7,024 after gaining 0.3 percent in the previous session.
Anglo American, Antofagasta and Glencore fell 2-3 percent as commodity prices dropped on worries about China's expanding COVID-19 restrictions.
Oil & gas company BP Plc declined 1.2 percent and Shell was little changed as oil prices remained on track for a 3 percent weekly gain on supply concerns.
NatWest plunged 8 percent as the high street lender missed estimates for profit in the third quarter amid increased impairment provisions.
British Airways owner IAG lost about 3 percent despite revenue exceeding pre-pandemic levels.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders react positively to reports that Israel and Iran have agreed to a "complete and total ceasefire" to be phased in over 24 hours. US Fed Vice Chair Michelle Bowman said she favored a rate cut "as soon" as July if inflationary pressures remain contained.
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Před 19 minutami
Sensex, Nifty Set To Rally As Oil Prices Plunge On Iran-Israel Ceasefire
Indian shares look set to open sharply higher on Tuesday after U.S. President Donald Trump claimed on social media that Israel and Iran have agreed to a "complete and total ceasefire" to be phased in over 24 hours.
RTTNews
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Před 51 minutami
Higher Open Called For Thai Stock Market
The Thai stock market has finished lower in eight straight sessions, slumping more than 80 points or 7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,060-point plateau and it's overdue for support on Tuesday.
The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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Před 1 h 21 min
Japanese Market Sharply Higher
The Japanese stock market is trading sharply higher on Tuesday, reversing some of the losses in the previous three sessions, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving above the 38,850 level, with gains across most sectors led by index heavyweights and technology stocks.
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Před 1 h 37 min
Indonesia Stock Market Due For Support On Tuesday
The Indonesia stock market has tracked lower in four straight sessions, slumping almost 370 points or 4.8 percent in that span. The Jakarta Composite Index now sits just beneath the 6,790-point plateau although it's tipped to open in the green on Tuesday.
The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews
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Před 1 h 51 min
Win Streak May Continue For Hong Kong Stock Market
The Hong Kong stock market has moved higher in back-to-back sessions, advancing more than 450 points of 1.9 percent along the way. The Hang Seng Index now sits just beneath the 23,690-point plateau and it's expected to see additional support on Tuesday.
The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews
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Před 2 h 6 min
Additional Support Anticipated For China Stock Market
The China stock market on Monday snapped the two-day slide in which it had fallen almost 30 points or 0.9 percent. The Shanghai Composite Index now sits just above the 3,380-point plateau and it may add to its winnings on Tuesday.
RTTNews
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Před 2 h 21 min
Australian Market Significantly Higher
The Australian stock market is trading significantly higher on Tuesday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks amid tumbling crude oil prices.
RTTNews
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Před 2 h 22 min
