Advertisement
FTSE 100 Tumbles Ahead Of BoE Rate Decision
(RTTNews) - U.K. stocks fell sharply on Thursday ahead of the Bank of England rate announcement due at noon. Analysts expect another 25-bps rate hike coupled with cautious commentary around the economy.
The benchmark FTSE 100 was down 141 points, or 1.9 percent, at 7,132 after closing 1.2 percent higher on Wednesday.
Fashion retailer ASOS plunged 27 percent and rival Boohoo slumped 18 percent after both reported slowing sales.
CRH, a building materials business, fell 2.6 percent after it has entered into arrangements with UBS A.G., London Branch to repurchase shares on CRH's behalf for up to $300 million.
BHP shares fell over 2 percent. The miner announced it will retain New South Wales Energy Coal in its portfolio.
read more
Indian Shares End Lower On Weak Global Cues
Indian shares closed lower on Tuesday, mirroring weak cues from global markets as investors braced for the delayed September U.S. jobs data and earnings from Nvidia.
RTTNews
|
1小时8分钟前
European Shares Extend Losses On Economic Worries
European stocks hovered near one-week lows on Tuesday amid dwindling Fed rate-cut bets and uncertainty over the U.S. economic outlook.
RTTNews
|
2小时28分钟前
Swiss Franc Rises Amid U.S.-Swiss Tariff Deal
The Swiss franc strengthened against other major currencies in the Asian session on Tuesday, after Switzerland negotiated a tariff agreement with the United States.
RTTNews
|
2小时52分钟前
Asian Shares Retreat Before Nvidia Earnings, Key US Data
Asian stocks tumbled on Tuesday as risk aversion intensified ahead of upcoming Nvidia earnings and a slew of U.S. economic data, including the delayed jobs report, which will be released almost seven weeks behind schedule due to the government shutdown.
RTTNews
|
2小时54分钟前
Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the Asian session on Tuesday.
RTTNews
|
4小时29分钟前
Commodity Currency's Slide Amid Risk-off Mood
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, as Asian shares traded lower amid ongoing concerns about the market valuation, especially among technology shares, and the diminishing prospects of an interest rate cut by the U.S. Fed next month.
RTTNews
|
5小时24分钟前
European Shares Set To Extend Losses Amid Risk Aversion
European stocks are seen opening on a cautious note Tuesday as concerns persist over tech valuations and the outlook for U.S. interest rates.
RTTNews
|
6小时6分钟前
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Tuesday.
RTTNews
|
6小时12分钟前
