FTSE 100 Gains Ahead Of Macro Data

RTTNews | 43 days ago
FTSE 100 Gains Ahead Of Macro Data

(RTTNews) - U.K. stocks traded higher on Monday after declining for six straight sessions.

The benchmark FTSE 100 was up 50 points, or 0.6 percent, at 8,231 ahead of key employment and GDP data scheduled for Tuesday and Wednesday, respectively.

Meanwhile, investors shrugged off the results of a survey that showed Britain's labor market cooled noticeably last month.

Miners Anglo American, Antofagasta and Glencore were up 1-2 percent while energy giant BP Plc edged up half a percent and peer Shell added 0.8 percent.

Entain jumped 8.2 percent after the gambling group said its U.K. and Ireland online business has returned to growth earlier than anticipated.

Housebuilder Barratt Developments gained 1 percent and lender Lloyds Banking Group advanced 1.6 percent after they have launched a £150m joint venture with the government body Homes England.

read more
FTSE 100 Drifts Lower As Budget Deficit Widens

FTSE 100 Drifts Lower As Budget Deficit Widens

U.K. stocks drifted lower on Tuesday after data showed the U.K. budget deficit widened more than estimated in September and also hit the highest level for the month since 2021.
RTTNews | 4h 17min ago
DAX Rises As SAP Raises Annual Outlook

DAX Rises As SAP Raises Annual Outlook

German stocks traded higher on Tuesday after software giant SAP raised its full-year targets on a strong cloud business in the third quarter.
RTTNews | 4h 41min ago
Asian Shares Mostly Lower As Yields Climb

Asian Shares Mostly Lower As Yields Climb

Asian stocks ended broadly lower on Tuesday as Middle East tensions persisted and rising bond yields made investors rethink about rate cut chances.
RTTNews | 4h 55min ago
UK Budget Deficit Widens More Than Estimated

UK Budget Deficit Widens More Than Estimated

The UK budget deficit widened more than officially estimated in September and also hit the highest level for the month since 2021, the Office for National Statistics reported Tuesday. Public sector net borrowing increased to GBP 16.6 billion in September from GBP 14.5 billion in the previous year. This was the third highest September borrowing since monthly records began in January 1993.
RTTNews | 5h 9min ago
Europe New Car Registrations Fall For Second Month: ACEA

Europe New Car Registrations Fall For Second Month: ACEA

Europe's new car registrations declined for the second straight month in September due to the fall in sales across France, Germany and Italy, data published by the European Automobile Manufacturers' Association, or ACEA, showed Tuesday. New car sales decreased 6.1 percent in September from a year ago. However, this was much slower than the 18.3 percent fall posted in August.
RTTNews | 6h 53min ago
European Economic News Preview: UK Public Sector Finance Data Due

European Economic News Preview: UK Public Sector Finance Data Due

Public sector finance data from the UK and new car registrations from Europe are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics publishes UK public sector finance data. The public sector net borrowing is seen at GBP 17.4 billion in September compared to GBP 13.7 billion in August.
RTTNews | 7h 41min ago
European Shares Set To Open Mostly Higher

European Shares Set To Open Mostly Higher

European stocks are seen opening mostly higher on Tuesday, even as a cautious undertone may prevail as investors await cues from the latest batch of earnings and speeches by Federal Reserve officials.
RTTNews | 8h 4min ago