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FTSE 100 Declines As Miners Drag On China Concerns

RTTNews | il y a 655

FTSE 100 Declines As Miners Drag On China Concerns

(RTTNews) - U.K. stocks traded lower on Monday as concerns about China's property market returned to the fore.

The benchmark FTSE 100 was down 55 points, or 0.7 percent, at 7,628 after closing flat with a positive bias on Friday.

Miners Anglo American, Antofagasta and Glencore fell 2-3 percent on concerns about financial problems in China's property sector after Evergrande's debt restructuring hit a roadblock.

Gambling firm Entain plunged 9.4 percent after it warned on its online net gaming revenues for the third quarter and the full year.

CRH rallied 3 percent after the building materials giant announced the repurchase of 17.7 million ordinary shares.

Insurer Aviva fell about 1 percent after it agreed to acquire AIG's U.K. protection business.

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Asian Shares Mostly Lower As Trump Ups Tariff Ante

Asian Shares Mostly Lower As Trump Ups Tariff Ante

Asian shares ended mostly lower in cautious trade on Friday after U.S. President Donald Trump announced a 35 percent tariff on Canadian goods, effective August 1, 2025, and warned of a blanket tariff of 15-20 percent on most trading partners that haven't got letters yet.

RTTNews | il y a 18 minutes

Yen Retreats Against Majors

Yen Retreats Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.

RTTNews | il y a 46 minutes

Canadian Dollar Slides As Trump Announces 35% Tariffs On Canadian Imports

Canadian Dollar Slides As Trump Announces 35% Tariffs On Canadian Imports

The Canadian dollar weakened against other major currencies in the Asian session on Friday, as Trump proposed 35 percent tariff on Canadian goods and warned that any fiscal retort from the country will be tacked onto the 35 percent set to take effect Aug. 1.

RTTNews | il y a 1h 0min

Canadian Dollar Slides Against Majors

Canadian Dollar Slides Against Majors

The Canadian dollar weakened against other major currencies in the Asian session on Friday.

RTTNews | il y a 1h 12min

Antipodean Currencies Rise Amid Risk-on Mood

Antipodean Currencies Rise Amid Risk-on Mood

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Friday amid increased risk-on mood by the investors, following the broadly positive cues from Wall Street overnight, as traders hope for an end to the tariff uncertainty after U.S. President Donald Trump confirmed he will not extend the August 1 deadline for striking trade deals, though he continues to threaten higher reciprocal tariffs on various sectors and countries.

RTTNews | il y a 1h 24min

NZ Dollar Advances Against Most Majors

NZ Dollar Advances Against Most Majors

The New Zealand dollar strengthened against most major currencies in the Asian session on Friday.

RTTNews | il y a 2h 5min

Australian Dollar Rises Against Majors

Australian Dollar Rises Against Majors

The Australian dollar strengthened against other major currencies in the Asian session on Friday.

RTTNews | il y a 2h 9min

European Shares Seen Lower Amid Trump Tariff Jitters

European Shares Seen Lower Amid Trump Tariff Jitters

European stocks are seen opening broadly lower on Friday as U.S. President Donald Trump amped up trade threats, fueling uncertainties around the inflation and growth outlook.

RTTNews | il y a 3h 17min

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