United Internet Appoints Ralf Hartings As New CFO As Martin Mildner Steps Down

FTSE 100 Up Nearly 0.5%; Pharma, Mining Stocks Rise

The U.K. market is up firmly in positive territory on Monday, supported by gains in pharma and mining stocks. Despite concerns of a looming U.S. government shutdown, the undertone in the UK market remains firm.

RTTNews | 3 minutes ago

UK Mortgage Approvals Decline; Consumer Credit Remains Unchanged

UK mortgage approvals declined in August ahead of the autumn budget and consumer credit remained flat, official data showed Monday. The number of mortgage approvals, which is an indicator of future borrowing, fell by 500 to 64,700 in August, the Bank of England reported. This was also below the expected level of 65,000.

RTTNews | 9 minutes ago

Eurozone Economic Sentiment Rises In September

Eurozone economic confidence improved moderately in September due to the rise in consumer confidence, monthly survey data from European Commission revealed on Monday. The economic sentiment index rose to 95.5 in September from 95.3 in the previous month. The reading was expected to drop to 95.2. All sub-indices of economic sentiment deteriorated in September except consumer confidence.

RTTNews | 39 minutes ago

CAC 40 Flat In Lackluster Trade

French stocks are turning in a mixed performance in lackluster trade on Monday amid a lack of triggers. Investors are mostly cautious, looking ahead to some crucial economic data later in the week.

RTTNews | 43 minutes ago

U.S. Dollar Slides Amid Federal Government Shutdown Risks

The U.S. dollar weakened against other major currencies in the European session on Monday amid concerns of a looming U.S. government shutdown. U.S. Democrats and Republicans will meet today at the White House in hopes of hammering out a compromise extension to avert a government shutdown that could come at 12:01 a.m. Wednesday.

RTTNews | 1h 32min ago