FTSE Edges Lower Ahead Of BoE Rate Decision

RTTNews | 1129天前
FTSE Edges Lower Ahead Of BoE Rate Decision

(RTTNews) - U.K. stocks edged lower on Thursday as investors digested the Fed's hawkish comments and looked ahead to the BoE rate decision later in the day for directional cues.

The benchmark FTSE 100 was down 19 points, or 0.3 percent, at 7,219 after closing 0.6 percent higher the previous day.

GSK fell over 1 percent after announcing an exclusive license agreement with Spero Therapeutics for tebipenem pivoxil hydrobromide, an oral carbapenem antibiotic to potentially treat complicated urinary tract infections.

AstraZeneca was also down about 1 percent. The drug maker said Lynparza has been approved in China for the maintenance treatment of adult patients with advanced epithelial ovarian, fallopian tube or primary peritoneal cancer.

Precious mining company Polymetal plummeted 11 percent after saying it is considering moving its main corporate base out of Russia.

Sportswear giant JD Sports Fashion plunged 5.3 percent after a warning that higher energy costs will dampen consumer spending.

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Russia Central Bank Cuts Rates For Fourth Policy Session

Russia Central Bank Cuts Rates For Fourth Policy Session

Russia's central bank unexpectedly reduced its key interest rate for the fourth policy session in a row, citing high inflation expectations and lackluster growth, and signaled that monetary policy will remain tight for an extended period of time.
RTTNews | 23小时10分钟前
Canadian Market Rises On Rate Cut Bets

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RTTNews | 1天前
Swiss Market Ends Marginally Up After Choppy Ride

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RTTNews | 1天前
European Stocks Close Higher After Cautious Session

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Despite struggling for support till mid afternoon, European stocks edged higher on Friday after cooler-than-expected U.S. consumer price inflation raised prospects of an interest rate cut by the Federal Reserve next week.
RTTNews | 1天前
U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In October

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RTTNews | 1天前
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A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased by slightly less than expected in the month of September. The Labor Department said its consumer price index rose by 0.3 percent in September after climbing by 0.4 percent in August. Economists had expected consumer prices to rise by another 0.4 percent.
RTTNews | 1天前
Eurozone Private Sector Growth At 17-Month High

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The euro area private sector growth accelerated to a 17-month high in October as new orders registered a steeper growth despite continuing fall in business from abroad. The flash HCOB composite output index climbed unexpectedly to 52.2 in October from 51.2 in September. The reading was expected to fall to 51.0.
RTTNews | 1天前