FTSE 100 Slips Into Red In Cautious Trade

RTTNews | 252 ngày trước
FTSE 100 Slips Into Red In Cautious Trade

(RTTNews) - U.K. stocks edged lower on Monday and the pound traded higher ahead of the flash PMI data due later in the day.

The Bank of England meets on Dec. 19, with analysts predicting no change in interest rates.

The benchmark FTSE 100 was down 15 points, or 0.2 percent, at 8,285 after closing 0.1 percent lower on Friday.

Gambling outfit Entain that owns Ladbrokes plunged 5 percent after Australia's anti-money laundering regulator had opened civil penalty proceedings related to alleged breaches of the country's contraventions anti-money laundering and counter-terrorism law.

Ricardo, a strategic, environmental, and engineering consulting company, gained about 1 percent after an announcement that its Australian unit has signed an agreement to acquire 85 percent of E3 Advisory for approximately A$101.4 million or 51.0 million pounds.

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Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

After a weak start and a subsequent long spell in negative territory, the Switzerland market briefly moved slightly above the flat line in late afternoon trades on Monday, but quickly tumbled again to eventually settle on a weak note.
RTTNews | 2h 14phút trước
European Markets Close Weak After Cautious Session

European Markets Close Weak After Cautious Session

European stocks closed on a weak note on Monday after a cautious session as investors awaited key inflation data from major economies in the region, and looked for more details about U.S. - EU trade deal.
RTTNews | 2h 34phút trước
Canadian Market Down More Than 0.5% On Profit Taking

Canadian Market Down More Than 0.5% On Profit Taking

After opening slightly down, the Canadian market slipped deeper into the red on Monday, weighed down by losses in healthcare, consumer staples, utilities and materials sectors.
RTTNews | 3h 14phút trước
U.S. New Home Sales Pull Back From Upwardly Revised Level In July

U.S. New Home Sales Pull Back From Upwardly Revised Level In July

New home sales in the U.S. decreased from an upwardly revised level in the month of July, according to a report released by the Commerce Department on Monday. The Commerce Department said new home sales fell by 0.6 percent to an annual rate of 652,000 in July after surging by 4.1 percent to an upwardly revised rate of 656,000 in June.
RTTNews | 4h 58phút trước
Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares may open on a weak note Monday morning, tracking lower metal prices and European stocks. However, energy stocks may find support on higher oil prices, and help limit market's downside.
RTTNews | 7h 40phút trước
Dollar Extends Losses Amidst Powell's Dovish Surprise

Dollar Extends Losses Amidst Powell's Dovish Surprise

A markedly dovish tone in Fed Chair Jerome Powell's speech at the Jackson Hole symposium on Friday weakened the Dollar, resulting in further losses for the currency during the week ended August 22.
RTTNews | 8h 25phút trước
German Ifo Business Confidence Strongest Since 2024

German Ifo Business Confidence Strongest Since 2024

German business sentiment hit the highest level in more than two years in August on expectations that the fiscal stimulus would help to kickstart the economic recovery. The business climate index rose to 89.0 in August from 88.6 in the previous month. This was the highest score since April 2024 and also came in above economists' forecast of 88.6. The German economy's recovery remains weak.
RTTNews | 8h 28phút trước
CAC 40 Down Nearly 0.6% In Cautious Trade

CAC 40 Down Nearly 0.6% In Cautious Trade

French stocks remain in negative territory on Monday, with investors mostly making cautious moves, looking for some more clarity on U.S. - EU trade deal, and awaiting crucial inflation data from the region.
RTTNews | 9h 2phút trước