FTSE 100 Gains As Miners Surge On Economic Optimism

RTTNews | 508 วันที่ผ่านมา
FTSE 100 Gains As Miners Surge On Economic Optimism

(RTTNews) - U.K. stocks edged up slightly on Tuesday, with miners posting strong gains as Shanghai copper prices surged to record highs on optimism around positive factory data out of major economies.

The benchmark FTSE 100 was up 16 points, or 0.2 percent, at 7,959 after closing up 0.4 percent on Monday.

Mining giant Anglo American rallied 2.3 percent, Antofagasta added 2.1 percent and Glencore jumped 1.1 percent.

BP Plc shares rose about 2 percent after the oil major said it expects to report a strong performance from its trading business for the first quarter.

HSBC Holdings gained half a percent. The lender said it would sell its Argentine banking business operations to Grupo Financiero Galicia in a deal worth $550 million.

Imperial Brands added half a percent after the tobacco giant backed its profit and revenue guidance for fiscal 2024.

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U.S. Dollar Falls Against Most Majors

U.S. Dollar Falls Against Most Majors

The U.S. dollar weakened against its most major counterparts in the New York session on Friday.
RTTNews | 23 ชม. 45 นาทีที่ผ่านมา
German Inflation Accelerates To 2.2% In August

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews | 1 วันที่ผ่านมา
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | 1 วันที่ผ่านมา
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 1 วันที่ผ่านมา
U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August

U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August

The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.
RTTNews | 1 วันที่ผ่านมา
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 1 วันที่ผ่านมา
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 1 วันที่ผ่านมา