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FTSE 100 Drifts Lower Ahead Of BoE Rate Decision
(RTTNews) - U.K. stocks fell sharply on Thursday after the U.S. Federal Reserve cut rates as expected and penciled in two more for 2025, fewer than four seen in September.
Investors also braced for the Bank of England's last meeting of the year later in the day.
The central bank is widely expected to hold rates at 4.75 percent after data showed a high rate of wage growth and inflation above the bank's 2 percent target.
The benchmark FTSE 100 was down 90 points, or 1.10 percent, at 8,109 after finishing marginally higher the previous day.
In corporate news, Serco Group shares jumped nearly 7 percent. The outsourcing giant Serco forecast full-year revenue of £4.8bn in line with its prior guidance.
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Bay Street May Open On Weak Note
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1 ชม. 10 นาทีที่ผ่านมา
U.S. Durable Goods Orders Tumble Less Than Expected In July
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1 ชม. 16 นาทีที่ผ่านมา
FTSE 100 Modestly Lower
After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.
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1 ชม. 38 นาทีที่ผ่านมา
CAC Down Sharply On Widespread Selling
French stocks are down sharply on Tuesday, extending previous session's steep drop, amid ongoing political uncertainty in the country.
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2 ชม. 3 นาทีที่ผ่านมา
DAX Extending Recent Weakness
German stocks are down in negative territory on Tuesday, extending losses from the previous session, due to geopolitical concerns and uncertainty about tariffs.
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3 ชม. 26 นาทีที่ผ่านมา
Sensex, Nifty Tumble On Tariff Worries
Indian shares tumbled on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.
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3 ชม. 30 นาทีที่ผ่านมา
French Consumer Sentiment Weakest Since 2023
France's consumer confidence weakened to the lowest level since October 2023 largely due to the weaker outlook for standard of living and the fall in saving intentions. The consumer sentiment index edged down to 87 in August from 88 in July. This was the lowest reading since October 2023 and remained below its long-term average of 100.
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4 ชม. 39 นาทีที่ผ่านมา
European Shares Decline Amid French Uncertainty
European shares traded lower on Tuesday, with Fed independence fears and French political risks keeping investors on edge.
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5 ชม. 0 นาทีที่ผ่านมา
