FTSE 100 Pares Early Gains

RTTNews | 825 dias atrás
Stocktwits
FTSE 100 Pares Early Gains

(RTTNews) - U.K. stocks were off their day's highs on Tuesday and bond yields started to rise again after the Bank of England disputed a report that it will further delay its quantitative tightening program.

The benchmark FTSE 100 was up 0.6 percent at 6,958 after closing 0.9 percent higher on Monday.

Shares of Lookers Plc surged 6.5 percent after the automotive retail and service group said it now expects underlying profit before tax for 2022 to be ahead of its previous expectations following strong trading in its third quarter.

Rio Tinto dropped 1 percent after the mining giant projected annual iron ore shipments at the lower end of its forecast.

Housebuilders declined, with Bellway falling 1.2 percent after it warned of a potentially shrinking market.

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NZ Dollar Rises After Risk Appetite

NZ Dollar Rises After Risk Appetite

The New Zealand dollar strengthened against other major currencies in the Asian session on Monday amid risk appetite among traders, following the broadly positive cues from Wall Street on Friday, on renewed optimism about the outlook for interest rates. Traders are also cautious and reluctant to make more significant moves ahead of the inauguration of U.S. President-elect Donald Trump amid speculations on the potential impact of his policies.
RTTNews | 5h 3min atrás
NZ Dollar Rises Against Majors

NZ Dollar Rises Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Monday.
RTTNews | 5h 30min atrás
SmartDrive Speed Control Dial Recalled Due To Unresponsive Motor

SmartDrive Speed Control Dial Recalled Due To Unresponsive Motor

Advanced medical technology firm Max Mobility/Permobil, part of Patricia Industries, a unit of Sweden's Investor AB, has recalled the Speed Control Dial component used with the SmartDrive MX2+ Power Assist Device, citing the potential safety and performance concerns. The recall was initiated after receiving 646 complaints associated with the Speed Control Dial as of December 12, 2024.
RTTNews | 7h 16min atrás
China Retains Loan Prime Rates As Expected

China Retains Loan Prime Rates As Expected

The People's Bank of China maintained its interest rates unchanged for the third straight session on Monday as policymakers await the stance of new US administration. The PBoC left its one-year loan prime rate at 3.10 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was held at 3.60 percent. The decision matched expectations.
RTTNews | 7h 19min atrás
Sensex, Nifty Open Higher; Financials Underperform

Sensex, Nifty Open Higher; Financials Underperform

Indian shares followed global peers higher on Monday, though overall gains remained capped due to uncertainty surrounding Donald Trump's trade policies and caution ahead of the Union Budget.
RTTNews | 8h 45min atrás
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the positive cues from Wall Street on Friday, on renewed optimism about the outlook for interest rates. Traders are also cautious and reluctant to make more significant moves ahead of the inauguration of US President-elect Donald Trump amid speculations on the potential impact of his policies. Asian markets closed mixed on Friday.
RTTNews | 10h 8min atrás
Australian Market Halves Early Gains In Mid-market

Australian Market Halves Early Gains In Mid-market

The Australian stock market halved its early gains in mid-market trading on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday, with gains across most sectors led by energy and technology stocks. Gold miners are the only weak spot.
RTTNews | 10h 37min atrás
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