FTSE 100 Gains In Cautious Trade

RTTNews | 1014 days ago
FTSE 100 Gains In Cautious Trade

(RTTNews) - U.K. stocks were moving higher on Wednesday, as investors picked up consumer discretionary stocks heading into the festive weekend.

In economic releases, the U.K. budget deficit was the biggest for the month of November, data from the Office for National Statistics revealed earlier today.

Public sector net borrowing excluding banks increased by GBP 13.9 billion from the last year to GBP 22.0 billion. This was the biggest November borrowing since monthly records began in 1993.

The benchmark FTSE 100 was up 32 points, or 0.4 percent, at 7,402 after finishing 0.1 percent higher the previous day.

Ferrexpo rallied 1.7 percent after saying it was now receiving sufficient levels of power to bring one iron ore pelletizer line in central Ukraine back into operation.

Bunzl was little changed after saying that operating margins in 2022 would be slightly ahead of previous guidance and in line with 2021.

read more
German Unemployment Rate Rises In September

German Unemployment Rate Rises In September

Germany's unemployment increased more than expected in September as subdued economic activity damped job creation, official data revealed on Tuesday. The number of unemployed increased by 14,000 in September, reversing a fall of 7,000 in August, the Federal Employment Agency said. Unemployment was forecast to rise by 8,000.
RTTNews | 41 minutes ago
Bay Street Likely To Open On Negative Note

Bay Street Likely To Open On Negative Note

Canadian shares look headed for negative start on Tuesday, tracking weak oil and metal prices. Concerns over fresh tariffs, and a looming U.S. government shutdown could weigh as well on sentiment.
RTTNews | 47 minutes ago
FTSE 100 Recovers After Weak Start, Up Marginally In Cautious Trade

FTSE 100 Recovers After Weak Start, Up Marginally In Cautious Trade

After opening marginally lower and drifting down further, U.K. stocks recovered lost ground and emerged above the flat line on Tuesday. Concerns over fresh tariffs proposed by the Trump administration, and a possible U.S. government shutdown appear to be weighing on sentiment.
RTTNews | 1h 21min ago
Reserve Bank Of Australia Keeps Rate Steady

Reserve Bank Of Australia Keeps Rate Steady

The Reserve Bank of Australia retained its interest rate after a quarter-point cut last month, as policymakers became cautious over rising inflation. As widely expected, the board governed by Michele Bullock decided to hold the cash rate at 3.60 percent on Tuesday. Previously, the bank had reduced the rate by 25 basis points each in August, May and February.
RTTNews | 1h 39min ago
CAC 40 Down 0.3% As Tariff Concerns, Inflation Data Weigh

CAC 40 Down 0.3% As Tariff Concerns, Inflation Data Weigh

French stocks are down in negative territory on Tuesday, weighed down by tariff concerns and a potential U.S. government shutdown. Data showing an increase French consumer price inflation is weighing as well on sentiment.
RTTNews | 1h 52min ago
DAX Down Marginally In Cautious Trade Amid Tariff Concerns

DAX Down Marginally In Cautious Trade Amid Tariff Concerns

German stocks are subdued in cautious trade on Tuesday amid possibility of a US government shutdown, and lingering concerns over Trump's tariff threats. Investors are also digesting the latest batch of regional economic data, including a report showing an unexpected drop in retail sales.
RTTNews | 2h 16min ago
Sensex, Nifty Extend Losses For Eighth Day

Sensex, Nifty Extend Losses For Eighth Day

Indian shares ended lower for an eighth consecutive session on Tuesday amid ongoing FII selling, lingering uncertainty over the U.S. trade deal and U.S. President Donald Trump's announcement of 100 percent tariffs on any or all movies that are made outside of the United States.
RTTNews | 3h 3min ago
Yen Rises Amid BoJ Rate Hike Speculation

Yen Rises Amid BoJ Rate Hike Speculation

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as markets expect the Bank of Japan is likely to raise interest rates soon amid geopolitical tensions and US fiscal uncertainty.
RTTNews | 3h 27min ago