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FTSE 100 Gains Ahead Of Inflation Data
(RTTNews) - U.K. stocks were a tad higher on Monday as investors awaited the release of U.K. and U.S. inflation prints this week for directional cues.
The benchmark FTSE 100 was up 21 points, or 0.3 percent, at 7,903 after closing 0.4 percent lower on Friday.
Construction materials distributor Brickability Group jumped 8.3 percent after saying its profit for the current year would exceed market expectations.
Lok'nStore Group shares fell nearly 4 percent. The self-storage company said its first-half same store revenue went up 10.3 percent.
Housebuilders declined after reports that Deutsche Bank has cut ratings for a number of market leaders in the sector.
Barratt Developments, Taylor Wimpey and Persimmon fell 1-2 percent.
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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.
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25分钟前
U.S. Consumer Prices Increase In Line With Estimates In July
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German Unemployment Exceeds 3 Mln
Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
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U.S. PCE Price Index Increased In Line With Estimates In July
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Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.
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Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
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2小时52分钟前
FTSE 100 Weak Again, Looks Headed For Weekly Loss
U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
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