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FTSE 100 Gains Ahead Of Inflation Data
(RTTNews) - U.K. stocks were a tad higher on Monday as investors awaited the release of U.K. and U.S. inflation prints this week for directional cues.
The benchmark FTSE 100 was up 21 points, or 0.3 percent, at 7,903 after closing 0.4 percent lower on Friday.
Construction materials distributor Brickability Group jumped 8.3 percent after saying its profit for the current year would exceed market expectations.
Lok'nStore Group shares fell nearly 4 percent. The self-storage company said its first-half same store revenue went up 10.3 percent.
Housebuilders declined after reports that Deutsche Bank has cut ratings for a number of market leaders in the sector.
Barratt Developments, Taylor Wimpey and Persimmon fell 1-2 percent.
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Swiss Market Ends Sharply Lower
The Switzerland market closed weak on Friday, tracking weak global cues after U.S. President Donald Trump's latest tariff moves raised fears of a global trade war.
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3h 8min ago
European Stocks Close Weak As Trade War Fears Hurt Sentiment
European stocks closed lower on Friday as trade war fears resurfaced after U.S. President Donald Trump announced a 35% tariff on Canadian goods, effective August 1, 2025, and warned of a blanket tariff of 15-20% on most trading partners.
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3h 25min ago
Canadian Market Remains Weak On Tariff Concerns
After a weak start and a subsequent drop to lower levels, the Canadian market continues to languish in negative territory a little past noon on Friday. The mood is cautious amid escalating trade war fears following U.S. President Donald Trump announced a 35% tariff on all non-USMCA Canadian imports, effective August 1.
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4h 4min ago
Bay Street Likely To Open Lower
Canadian shares look headed for a weak start on Friday due to trade war concerns, although fairly firm crude oil and bullion prices may help limit the market's downside. Data showing an increase in Canadian employment in the month of June and a drop in the unemployment rate may also aid sentiment a bit.
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7h 48min ago
Pound Falls As U.K. Economy Contracts For Second Straight Month
The British pound weakened against other major currencies in the European session on Friday, as the UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in achieving her self-imposed borrowing rules.
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7h 55min ago
Wall Street Likely To Open On Weak Note
Lower futures and escalating fears of a global trade war point to a weak start for U.S. stocks Friday morning.
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8h 14min ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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8h 17min ago
Yen Retreats Amid US-Japan Trade Uncertainty
The Japanese yen retreated from early highs against other major currencies in the European session on Friday, amid concerns on US-Japan relations in light of Trump's placement of a 25 percent tariff on Japanese exports this week, which will go into force on August 1.
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9h 6min ago
