FTSE 100 Up Slightly In Cautious Trade

RTTNews | 101 ngày trước

(RTTNews) - U.K. stocks are turning in a mixed performance in cautious trade on Friday with investors digesting some earnings updates, and hoping for a de-escalation in U.S. - China trade spat.

According to some reports, China may suspend its 125% retaliatory tariffs on select U.S. imports.

The benchmark FTSE 100 is up 6.52 points or 0.07% at 8,413.96.

Among the gainers, Melrose Industries is rising 3.6%. St. James's Place, Babcock International, Rentokil Initial and Rolls-Royce Holdings are up 2.3 to 2.75%.

BAE Systems, Mondi, Entain, Sainsbury (J), Polar Capital Technology Trust, Intertek Group, Informa, The Sage Group and IAG are up 1 to 1.5%.

Endeavour Mining is declining 2.1%. RightMove is down nearly 2%, while Anglo American Plc and Unilever are down 1.9% and 1.8%, respectively.

Fresnillo, Antofagasta, Marks & Spencer, Diageo and Weir Group are lower by 1 to 1.4%.

In economic news, a report from the Office for National Statistics said UK retail sales grew unexpectedly in March as good weather boosted sales of clothing and outdoor retailers.

Retail sales grew 0.4% on a monthly basis, confounding expectations for a decline of 0.3%, the report showed. However, this was slower than the 0.7% increase in February and marked the third consecutive increase.

Excluding auto fuel, retail sales gained 0.5% after a 0.7% rise. Sales were expected to drop 0.4%.

On a yearly basis, retail sales growth advanced to 2.6% from 1.8% in February. Similarly, core retail sales growth improved to 3.3% from 1.8%.

Indonesia GDP Growth Fastest In 2 Years

Indonesia's economic growth accelerated the most in two years in the second quarter driven by household spending and investment, official data showed Tuesday. Gross domestic product expanded 5.12 percent year-on-year in the second quarter, following an annual growth of 4.87 percent seen in the first quarter. The latest expansion was the fastest since the second quarter of 2023.

RTTNews | 18 phút trước

China Services Growth Fastest Since May 2024

China's services activity expanded at the fastest pace in more than a year in July on rising inflows of new business, purchasing managers' survey data from S&P Global showed on Tuesday. The headline general services business activity index rose to 52.6 in July from 50.6 in June. The index extended the current period of growth to just over two-and-a-half years. Moreover, the index suggested that t

RTTNews | 1h 29phút trước

European Economic News Preview: Eurozone Final Composite PMI Data Due

Composite Purchasing Managers' survey results from the euro area and other major euro area economies are due on Tuesday. At 2.45 am ET, France's statistical office INSEE publishes industrial output data for June. Production is forecast to grow 0.8 percent on a monthly basis, in contrast to the 0.5 percent fall in May. At 3.00 am ET, Spain's INE publishes industrial output data for June.

RTTNews | 1h 53phút trước

European Shares Set To Open On Firm Note

European stocks are seen opening higher on Tuesday as investors await the next batch of earnings and any new developments on the trade front.

RTTNews | 1h 58phút trước

Sensex, Nifty Open Lower After Trump's Fresh Tariff Threat

Indian shares opened on a sluggish note Tuesday after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.

RTTNews | 2h 59phút trước

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market trading on Tuesday, adding to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,750 level, with gains across all sectors led by mining, energy and technology stocks.

RTTNews | 4h 4phút trước

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, amid optimism the weak monthly US jobs data will lead the US Fed to lower interest rates next month. Traders also picked up stocks at a bargain following the recent downturn in the markets. Asian markets closed mixed on Monday.

RTTNews | 4h 30phút trước

Sensex, Nifty Set To Open Lower As Trump Again Threatens India With Harsh Tariffs

Indian shares may open on a weak note Tuesday after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.

RTTNews | 5h 2phút trước

EURUSD	1.15567	GBPUSD	1.3288	AUDUSD	0.64663
USDJPY	147.281	USDCAD	1.37769	USDCHF	0.80907

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FTSE 100 Up Slightly In Cautious Trade