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FTSE 100 Drops On Growth Worries

RTTNews | Pred 777 dňami

FTSE 100 Drops On Growth Worries

(RTTNews) - U.K. stocks slipped into the red on Wednesday after a survey showed U.K. private sector continued to grow in June, but at the slowest pace since March.

Weak service sector data from China also kept investors nervous.

The benchmark FTSE 100 was down 36 points, or half a percent, at 7,483 after ending 0.1 percent lower on Tuesday.

Impellam Group soared 8 percent after the talent acquisition and managed workforce solutions company confirmed that it is in discussions with HeadFirst Global in relation to a possible offer by HeadFirst.

Keller Group jumped 11.6 percent. Ahead of its interim results for the half year ended June 30, the geotechnical specialist contractor said that trading has been strong in the first half and it expects a record performance during the period.

Building materials specialist SIG slumped 10 percent after warning on profits.

Investment bank Numis was little changed despite warning of lower deal volumes in a deteriorating market.

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CAC 40 Flat In Lackluster Trade

CAC 40 Flat In Lackluster Trade

French stocks are exhibiting some weakness on Wednesday, after seeing a big upmove in the previous session. The mood is cautious with investors looking ahead to the Federal Reserve's annual Jackson Hole Symposium.

RTTNews | Pred 20 minútami

Pound Rises As UK Inflation Hits 18-Month High

Pound Rises As UK Inflation Hits 18-Month High

The British pound strengthened against other major currencies in the European session on Wednesday, as the UK consumer price inflation accelerated to an 18-month high in July on airfares and food prices, suggesting that the Bank of England is likely to delay further easing.

RTTNews | Pred 33 minútami

Sensex, Nifty Extend Gains For Fifth Day

Sensex, Nifty Extend Gains For Fifth Day

Indian shares eked out modest gains on Wednesday, with underlying sentiment supported by the unexpected announcements relating to GST reforms and the recent progress in India-China ties.

RTTNews | Pred 36 minútami

DAX Drifts Lower In Cautious Trade

DAX Drifts Lower In Cautious Trade

The German market is notably lower on Wednesday, weighed down by losses in the defense stocks, amid rising optimism about a potential Russia-Ukraine peace deal. The focus is on the Federal Reserve's annual symposium in Jackson Hole, that gets underway on Thursday.

RTTNews | Pred 40 minútami

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Wednesday.

RTTNews | Pred 1 h 1 min

U.S. Dollar Rises Amid Reduced Bet On Fed Rate Cut, FOMC Minutes

U.S. Dollar Rises Amid Reduced Bet On Fed Rate Cut, FOMC Minutes

The U.S. dollar strengthened against most major currencies in the Asian session on Wednesday, due to reduced bets on the U.S. Fed's more aggressive policy easing.

RTTNews | Pred 1 h 16 min

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 Wednesday, as traders expect that the Bank of Japan (BoJ) may raise interest rates by the end of the year in accordance with its policy normalization path.

RTTNews | Pred 1 h 40 min

European Shares Edge Lower Following US Tech Selloff

European Shares Edge Lower Following US Tech Selloff

European stocks were subdued on Wednesday after closing at five-month high in the previous session on news of a potential Ukraine-Russia summit.

RTTNews | Pred 1 h 53 min

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