FTSE 100 Rises Ahead Of Inflation Data, BoE Decision

RTTNews | Pred 33 dňami
FTSE 100 Rises Ahead Of Inflation Data, BoE Decision

(RTTNews) - U.K. stocks were notably higher on Tuesday ahead of the Federal Reserve's interest-rate decision on Wednesday and the Bank on England's announcement, due on Thursday.

The U.K. CPI report due on Wednesday may significantly influence market speculation for the Bank of England (BoE) interest rate path for the last quarter of the year.

The benchmark FTSE 100 was up 0.7 percent at 8,340 after ending flat with a positive bias the previous day.

In corporate news, home improvement retailer Kingfisher surged 6.6 percent after raising the lower end of its fiscal 2025 profit guidance.

Playtech, a gambling software development company, tumbled 3 percent after it entered into a definitive agreement for the sale of Snaitech S.p.A. and certain of its units to Flutter Entertainment.

Essentra, a leading global manufacturer, and provider of essential components and solutions, plummeted 20 percent after downgrading its FY24 profit expectations, citing market challenges.

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Malaysia GDP Data Due On Monday

Malaysia GDP Data Due On Monday

Malaysia will on Monday release preliminary Q3 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. In the previous three months, GDP was up 5.9 percent on year.
RTTNews | Pred 4 h 46 min
TSX Continues To Move Up North, Ends 0.53% Up At New High

TSX Continues To Move Up North, Ends 0.53% Up At New High

The Canadian market climbed to a new record high on Friday, rising for a third straight day, thanks to strong gains in materials stocks as metal prices surged to record highs. Continued optimism about interest rate cuts by the Bank of Canada also aided sentiment.
RTTNews | Pred 2 dňami
Dollar Turns Weak After Recent Gains

Dollar Turns Weak After Recent Gains

The U.S. dollar turned a bit weak on Friday, snapping a five-day winning streak, with global stocks moving higher on increased risk appetite after the Chinese government announced a couple of funding schemes.
RTTNews | Pred 2 dňami
TSX Rises To New High; Materials Shares Rally

TSX Rises To New High; Materials Shares Rally

The Canadian market is up firmly in positive territory Friday afternoon after posting a new high for the third straight day. Materials stocks are contributing to the move up north, with firm metal prices triggering hectic buying at several counters in the sector.
RTTNews | Pred 2 dňami
Canadian Dollar Weakens As Oil Prices Fall

Canadian Dollar Weakens As Oil Prices Fall

The Canadian dollar declined against its most major counterparts in the New York session on Friday, as oil prices dropped on concerns about slowing demand from China.
RTTNews | Pred 2 dňami
Swiss Market Closes Modestly Higher

Swiss Market Closes Modestly Higher

The Switzerland market ended modestly higher on Friday after a choppy ride as investors looked ahead to more interest rate cuts from central banks after the European Central Bank cut rates for the third time this year.
RTTNews | Pred 2 dňami
Major European Markets Close Higher

Major European Markets Close Higher

European stocks closed higher on Friday and the major markets in the region posted second straight week of gains, as investors continued to cheer the European Central Bank's rate cut decision, and remained optimistic about more rate cuts by several other central banks. Markets also reacted to positive economic data from China, and digested the latest batch of earnings updates and other corporate
RTTNews | Pred 2 dňami
U.S. Housing Starts Pull Back Modestly As Multi-Family Starts Extend Plunge

U.S. Housing Starts Pull Back Modestly As Multi-Family Starts Extend Plunge

After reporting a sharp increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Friday showing a modest pullback by housing starts in the month of September. The Commerce Department said housing starts fell by 0.5 percent to an annual rate of 1.354 million in September.
RTTNews | Pred 2 dňami