FTSE 100 Declines Ahead Of Budget

RTTNews | Pred 819 dňami
FTSE 100 Declines Ahead Of Budget

(RTTNews) - U.K. stocks fell on Wednesday as investors geared up for Chancellor Jeremy Hunt's "Spring Budget" today in which he's expected to announce key pension and child-care reforms.

The benchmark FTSE 100 was down 72 points, or 0.9 percent, at 7,565 after rising 1.2 percent on Tuesday.

Insurer Prudential tumbled 6.2 percent after its annual premium equivalent and new business profit missing consensus marginally.

Burberry dropped 1.3 percent after the luxury house hired Kate Ferry from McLaren Group as its new chief financial officer.

Commodity trading and mining firm Ferrexpo lost 3.6 percent after reporting a decline in FY22 profit.

Online trading platform IG Group plunged 7 percent after its third-quarter net trading revenue fell on lower market volatility.

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Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | Pred 14 minútami
Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Indian shares eked out modest gains on Wednesday as markets assessed the outcome of high-level U.S.-China talks and awaited key U.S. inflation readings for additional clues on the Federal Reserve's rate trajectory.
RTTNews | Pred 15 minútami
Tesla Shares Gain As Musk Sets Robotaxi Service Launch Tentatively On June 22

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RTTNews | Pred 18 minútami
DAX Up Marginally In Cautious Trade As Traders Await U.S. Inflation Data

DAX Up Marginally In Cautious Trade As Traders Await U.S. Inflation Data

German stocks advanced Wednesday morning, reacting positively to the news about top U.S. and Chinese officials reaching a framework to implement the Geneva consensus. If approved, the Sino-U.S. deal will remove some restrictions on China's rare earth exports and unwind a few recent U.S. export bans.
RTTNews | Pred 27 minútami
Asian Shares Climb On Trade Talk Optimism

Asian Shares Climb On Trade Talk Optimism

Asian stocks advanced on Wednesday after top U.S. and Chinese officials said they have reached a framework to implement the Geneva consensus, following two days of discussions in London.
RTTNews | Pred 2 h 6 min
Commodity Currencies Slide Amid Crude Oil Price Drop

Commodity Currencies Slide Amid Crude Oil Price Drop

The commodity currencies such as the Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Wednesday amid crude oil price drop, as markets awaited the outcome of US-China trade talks, which have yet to be approved by President Donald Trump, with China's poor oil demand and OPEC+ output increases weighing on the market.
RTTNews | Pred 2 h 33 min