FTSE 100 Rises Ahead Of Central Bank Decisions

RTTNews | 741 일 전
FTSE 100 Rises Ahead Of Central Bank Decisions

(RTTNews) - U.K. stocks were seeing modest gains on Wednesday as investors looked ahead to interest-rate decisions from the Federal Reserve, the European Central Bank and the Bank of England.

Meanwhile, U.K. shop price inflation hit a record high in January as retailers offered fewer discounts amid rising input costs, data published by the British Retail Consortium showed earlier today.

The BRC- NielsenIQ shop price index rose 8.0 percent on a yearly basis in January following a 7.3 percent gain in December.

The benchmark FTSE 100 was up 14 points, or 0.2 percent, at 7,785 after losing 0.2 percent in the previous session.

Trading and mining firm Glencore was marginally higher after reporting production figures for 2022 which were largely in line with guidance provided for in October.

Telecom major Vodafone Group fell 2.5 percent after Q3 revenue growth slowed.

Sports-betting and gaming group Entain rallied 2.4 percent after lifting its profit outlook.

Halma added 2.5 percent after announcing it has acquired a manufacturer of fire detection products in a £22m deal.

read more
U.S. Dollar Lower Against Euro, Pound

U.S. Dollar Lower Against Euro, Pound

The U.S. dollar dropped against the euro and the pound in the New York session on Tuesday, as investors assessed the potential impact of new tariffs imposed by the Trump administration on steel and aluminum imports.
RTTNews | 5 시간 15 분 전
BP Slips To RC Loss In Q4, Warns On Weak Production; Plans To Reset Strategy

BP Slips To RC Loss In Q4, Warns On Weak Production; Plans To Reset Strategy

British energy major BP Plc. reported Tuesday a replacement cost or RC loss in its fourth quarter, compared to prior year's profit, amid weak revenues. The company also warned on sequentially lower upstream production in its first quarter, and weak production in fiscal 2025.
RTTNews | 9 시간 7 분 전
BoE's Mann Says Loosening Labor Market Will Restrain Price & Wage Growth

BoE's Mann Says Loosening Labor Market Will Restrain Price & Wage Growth

A further loosening of the UK labor market will restrain the growth in wages and prevent second-round effects from setting in, even if the near-term inflation expectations increase, Bank of England policymaker Catherine Mann said Tuesday. In a speech, Mann said the current and likely continued weak demand conditions will lead to a further loosening of the labor market.
RTTNews | 10 시간 8 분 전
Bay Street Likely To Open On Flat To Negative Note

Bay Street Likely To Open On Flat To Negative Note

Canadian shares are likely to open on a flat to negative note Tuesday morning with investors assessing the potential impact of new tariffs imposed by the Trump administration on steel and aluminum imports.
RTTNews | 10 시간 16 분 전
FTSE Up Slightly In Cautious Trade; Entain Tanks 10%

FTSE Up Slightly In Cautious Trade; Entain Tanks 10%

After opening higher, U.K. stocks have turned a bit subdued in late morning trades on Monday as investors continue to asses Trump administration's tariff moves and how they could reshape international trade dynamics.
RTTNews | 11 시간 1 분 전
CAC 40 Up Marginally In Cautious Trade

CAC 40 Up Marginally In Cautious Trade

After opening slightly higher and holding in positive territory for more than an hour Tuesday morning, French stocks pared gains and are mostly subdued now as investors make cautious moves, assessing the likely impact of the Trump administration's new tariff moves.
RTTNews | 12 시간 37 분 전