Loading...

Advertisement

FTSE 100 Dips As Commodity Stocks Drag

RTTNews | 875 days ago

FTSE 100 Dips As Commodity Stocks Drag

(RTTNews) - U.K. stocks declined on Thursday as lower commodity prices weighed on energy stocks and miners.

The benchmark FTSE 100 was down 18 points, or 0.3 percent, at 7,277 after closing down 0.1 percent on Wednesday.

Miners Anglo American and Antofagasta fell around 2 percent each as a surge in COVID-19 cases spurred lockdowns in the southern Chinese manufacturing hub of Guangzhou.

BP Plc dropped half a percent and Shell gave up 1.3 percent as oil extended losses for a fourth day on bearish inventory data and China demand worries.

Defense technology firm QinetiQ fell 2.2 percent despite the company lifting its full-year guidance.

Retailer WH Smith added 1.4 percent after it swung to a profit in FY22 and reinstated dividends.

Energy giant Centrica jumped 8.5 percent after lifting guidance and launching a £250mn share buyback.

Tate & Lyle advanced 1.6 percent. The provider of food-and-beverage ingredients reported a rise in pre-tax profit for the first half and said it expects to meet full-year market expectations.

Drug maker AstraZeneca gained 1.3 percent after lifting its FY22 earnings growth view.

read more

European Shares Tumble On Tariff Jitters

European Shares Tumble On Tariff Jitters

European stocks fell sharply on Thursday as investors fretted about the potential repercussions of the new tariffs announced by U.S. President Donald Trump.

RTTNews | 4h 29min ago

Asian Shares Slide On Trade War Concerns

Asian Shares Slide On Trade War Concerns

Asian stocks tumbled on Thursday after U.S. President Donald Trump announced a 10 percent universal tariff on most imported goods along with additional high tariffs on countries the U.S. considers "worst offenders" based on trade deficits and non-tariff barriers.

RTTNews | 4h 51min ago

DAX Down Sharply Despite Coming Off Early Lows

DAX Down Sharply Despite Coming Off Early Lows

German stocks are down sharply Thursday morning due to heavy selling almost across the board as investors react to the U.S. government's announcement of "reciprocal tariffs." The much steeper-than-expected tariffs on US trade partners, has heightened concerns over a global trade war that could destabilize major economies.

RTTNews | 4h 52min ago

U.S. Dollar Drops Amid Fed Rate Cut Bets

U.S. Dollar Drops Amid Fed Rate Cut Bets

The U.S. dollar weakened against other major currencies in the European session on Thursday, as traders increase their bets that the Fed will lower rates in June, as Trump imposes fresh tariffs, traders increase their wagers that the Fed will lower rates in June.

RTTNews | 4h 56min ago

Commodity Currency's Slide As Trump Unveils Tariff Plans

Commodity Currency's Slide As Trump Unveils Tariff Plans

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday, after U.S. President Donald Trump announced steeper-than-expected reciprocal tariffs on U.S. trade partners, heightening concerns over a global trade war that could destabilize major economies. White House press secretary Karoline Leavitt indicated the new levies will be "effective immediately."

RTTNews | 5h 6min ago

U.S. Dollar Drops Against Majors

U.S. Dollar Drops Against Majors

The U.S. dollar weakened against other major currencies in the European session on Thursday.

RTTNews | 5h 19min ago

Canadian Dollar Falls Against Most Majors

Canadian Dollar Falls Against Most Majors

The Canadian dollar weakened against most major currencies in the Asian session on Thursday.

RTTNews | 5h 27min ago

NZ Dollar Slides Against Most Majors

NZ Dollar Slides Against Most Majors

The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.

RTTNews | 6h 10min ago

Terms | Privacy | Site Map | Site Map Calendar

© 2025 Myfxbook Ltd. All Rights Reserved.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.