FTSE 100 Little Changed As Debt Costs Push Government Borrowing Higher

RTTNews | 792 dias atrás
FTSE 100 Little Changed As Debt Costs Push Government Borrowing Higher

(RTTNews) - U.K. stocks were little changed on Tuesday after official data showed government borrowing swelled to £25.6bn ($31.77bn) last month due to additional costs of energy support schemes.

Meanwhile, manufacturing and services PMIs for May surprised to the downside.

Uncertainty over raising the U.S. debt ceiling limit and signs of increasing Sino-U.S. tensions also served to keep underlying sentiment cautious.

The benchmark FTSE 100 was marginally higher at 7,775 after closing 0.2 percent higher on Monday.

Meat producer jumped 4.7 percent after reporting higher annual profit.

Flooring specialist Topps Tiles added 1.6 percent after posting record sales, driven by "nationwide store coverage, world-class customer service and strong omnichannel capability".

read more
U.S. Existing Home Sales Slump To Nine-Month Low In June

U.S. Existing Home Sales Slump To Nine-Month Low In June

A report released by the National Association of Realtors on Wednesday showed existing home sales in the U.S. pulled back by more than expected in the month of June. NAR said existing home sales slumped by 2.7 percent to an annual rate of 3.93 million in June after jumping by 1.0 percent to a revised rate of 4.04 million in May.
RTTNews | 52 minutos atrás
Positive Start Seen For Canadian Stocks

Positive Start Seen For Canadian Stocks

Bay Street looks headed for a firm start Wednesday morning, tracking positive global cues amid rising prospects of several nations striking trade deals with the U.S. before the August 1 deadline.
RTTNews | 3 h 24 min atrás
FTSE 100 Moderately Higher; Informa Rises Sharply On Strong Guidance

FTSE 100 Moderately Higher; Informa Rises Sharply On Strong Guidance

The U.K. stock market is gaining some ground in positive territory on Wednesday, reflecting the fairly bullish mood across Europe, amid prospects of an EU-US trade deal. Hopes about the European Union and the U.S. striking trade deals have increased after U.S. President Donald Trump announced trade deals with Japan and Philippines.
RTTNews | 4 h 39 min atrás
CAC Rises 1.3% On U.S-EU Trade Deal Optimism

CAC Rises 1.3% On U.S-EU Trade Deal Optimism

French stocks are up firmly in positive territory on Wednesday, recovering well from recent losses. U.S. President Donald Trump's announcement about trade deals with Japan and Philippines has raised hopes the European Union will soon strike a deal with the U.S. ahead of the August 1 deadline.
RTTNews | 4 h 52 min atrás
Sensex, Nifty Climb On Trade Deal Optimism

Sensex, Nifty Climb On Trade Deal Optimism

Indian shares rose notably on Wednesday, mirroring firm global cues after U.S. President Donald Trump announced trade agreements with Japan and the Philippines, easing concerns about the tariff war.
RTTNews | 4 h 53 min atrás
DAX Up Nearly 1% On Trade Deal Hopes; Auto Stocks Rally

DAX Up Nearly 1% On Trade Deal Hopes; Auto Stocks Rally

German stocks are up on Wednesday, rebounding from recent losses, as prospects of a trade agreement between the U.S. and EU increased after U.S. President Donald Trump announced trade deals with Japan and Philippines.
RTTNews | 5 h 17 min atrás