FTSE 100 Slips On Rate Hike Concerns

RTTNews | 1166天前
FTSE 100 Slips On Rate Hike Concerns

(RTTNews) - U.K. stocks edged lower on Thursday as markets price in more aggressive steps by the Bank of England to tame record inflation.

The benchmark FTSE 100 slipped 10 points, or 0.1 percent, to 7,505 after closing 0.3 percent lower on Wednesday.

Rank Group shares fell 2.3 percent. The gambling company warned of difficult times after reporting a turnaround to profit for the fiscal 2022.

Marshalls lost 2.8 percent. The specialist landscape products group reported that its first-half profit before tax declined to 23.9 million pounds from last year's 38.9 million pounds.

Miner Anglo American declined 2.6 percent on going ex-dividend.

Made.com plunged 10 percent. The struggling online furniture retailer confirmed that it is considering a potential equity capital raise.

read more
Yen Falls Amid Fiscal Worries

Yen Falls Amid Fiscal Worries

The Japanese yen weakened against other major currencies in the Asian session on Monday, as fiscal concerns replaced the Bank of Japan's (BoJ) rate hike expectations.
RTTNews | 1小时13分钟前
Commodity Currencies Rise Amid Risk-on Mood

Commodity Currencies Rise Amid Risk-on Mood

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against other major currencies in the Asian session on Monday amid increased risk-on mood, as traders remain optimistic the US Fed will cut interest rate by another 50 bps by year-end on easing trade tensions between the U.S. and China and cooler-than-expected US consumer price inflation data. They now look ahead to the Fed's monetary policy announcement later in the week.
RTTNews | 1小时21分钟前
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Monday.
RTTNews | 1小时34分钟前
Sensex, Nifty Follow Asian Peers Higher

Sensex, Nifty Follow Asian Peers Higher

Indian shares opened on a positive note Monday amid improving global sentiment as U.S.-China trade tensions eased and cooler-than-expected U.S. inflation data reinforced views that the Fed will cut the fed fund rate by another 50 bps by year-end.
RTTNews | 1小时42分钟前