FTSE 100 Dips In Cautious Trade Ahead Of US Jobs Report

RTTNews | 538 dagar sedan
FTSE 100 Dips In Cautious Trade Ahead Of US Jobs Report

(RTTNews) - U.K. stocks traded lower on Friday ahead of the release of key U.S. jobs data later in the day that could influence the Fed's rate trajectory.

The benchmark FTSE 100 was down 18 points, or 0.2 percent, at 7,674 after edging up 0.2 percent on Thursday.

Packaging firm Mondi gave up more than 2 percent as it announced an agreement in principle for a potential all-share offer to acquire its smaller rival DS Smith for £5.14bn. DS Smith shares soared 7 percent.

Electrical and telecommunications retailer Currys dropped 1.2 percent after it confirmed the sale of its business in Greece and Cyprus for around £156 million.

Information services provider Informa advanced 1.3 percent after underlying revenue grew 30 percent in 2023.

read more
U.S. Dollar Falls Amid Fed Rate Cut Speculation

U.S. Dollar Falls Amid Fed Rate Cut Speculation

The U.S. dollar weakened against other major currencies in the Asian session on Thursday, after the Fed official left the door open for an interest rate cut next month.
RTTNews | 53 minuter sedan
Europe Car Sales Rebound In July

Europe Car Sales Rebound In July

Europe's new car sales rebounded in July on strong demand for battery electric and plug-in hybrid cars, the European Automobile Manufacturers' Association reported Thursday. Car registrations in the European Union advanced 7.4 percent year-on-year in July, offsetting June's 7.3 percent decrease. Data showed an annual rise of 39.1 percent for battery-electric and 14.3 percent for hybrid-electric
RTTNews | 1h 57minuter sedan
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.
RTTNews | 3h 48minuter sedan
Sensex Nifty Decline On Tariff Worries

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | 4h 41minuter sedan
European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
RTTNews | 4h 42minuter sedan