FTSE-100 Trading More Than A Percent Lower

RTTNews | 863 gün önce
FTSE-100 Trading More Than A Percent Lower

(RTTNews) - Stocks in the FTSE-100 benchmark of the London Stock Exchange are trading more than 1 percent lower amidst a worldwide negative sentiment driven by high inflation and fears of aggressive action by central banks.

FTSE 100 oscillated between 7,262.05 and 7,377.80, versus the previous close of 7,374.04.

The benchmark index of the London Stock Exchange is currently trading at 7,284.67, down 1.05 percent on an overnight basis.

In the 100-scrip index, only 37 are trading above the levels on Tuesday.

Online grocery retailer Ocado group rallied more than 2 percent.

Mondi, Pearson, Smurfit Kappa Group, JD Sports Fashion etc. gained more than 1.5 percent.

National Grid, Shell and BP, all declined more than 3 percent. AstraZeneca declined 2.6 percent.

Lloyds Banking group is the most active scrip with a turnover of 37 million. The scrip has gained 0.24 percent.

The GBPUSD pair shed 0.35 percent to trade at 1.1614 amidst the Dollar Index strengthening 0.36 percent to touch 109.16, versus the previous close of 108.75.

Yields on U.K.'s ten-year bonds increased to 2.8350 percent from Tuesday's close of 2.7040.

read more
TSX Ends Notably Lower As Stocks Drop On Interest Rate Concerns

TSX Ends Notably Lower As Stocks Drop On Interest Rate Concerns

The Canadian market closed notably lower on Friday, hurt by rising bond yields, and fading optimism about interest rate cuts by the Federal Reserve after data showed stronger-than-expected growth in U.S. non-farm payroll employment. Canadian employment data too came in stronger than expected, reducing prospects of any significant monetary easing by the Bank of Canada.
RTTNews | 12s 24 dakika önce
Dollar Climbs Higher After Buoyant Jobs Data

Dollar Climbs Higher After Buoyant Jobs Data

The U.S. dollar firmed against its major counterparts on Friday amid fading hopes of further reductions in interest rates after data from the Labor Department showed stronger-than-expected growth in non-farm payroll employment in the month of December.
RTTNews | 12s 54 dakika önce
Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

The Switzerland market settled notably lower on Friday, in line with markets across Europe, as upbeat U.S. jobs data raised concerns that the Federal Reserve will likely hold interest rates unchanged from current levels, or go slow on interest rate cuts this year. Data showing an increase in Swiss unemployment weighed as well.
RTTNews | 16s 18 dakika önce
U.S. Dollar Firms As Strong Jobs Data Dampens Rate Cut Hopes

U.S. Dollar Firms As Strong Jobs Data Dampens Rate Cut Hopes

The U.S. dollar climbed against its most major counterparts in the New York session on Friday, as stronger-than-expected jobs data for December strengthened expectations that the Federal Reserve will hold rates steady for sometime.
RTTNews | 16s 32 dakika önce
Canadian Stocks Tumble As Upbeat Jobs Data Raises Interest Rate Concerns

Canadian Stocks Tumble As Upbeat Jobs Data Raises Interest Rate Concerns

Canadian stocks are down sharply on Friday with stronger-than-expected U.S. jobs data raising concerns that the Federal Reserve will likely hold interest rates unchanged from current levels for sometime. Also, a buoyant Canadian employment reports has dimmed the prospects for further easing by the Canadian central bank for now.
RTTNews | 17s 45 dakika önce
U.S. Consumer Sentiment Edges Lower In January As Inflation Expectations Surge

U.S. Consumer Sentiment Edges Lower In January As Inflation Expectations Surge

Consumer sentiment in the U.S. has unexpectedly seen a modest deterioration in the month of January, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index edged down to 73.2 in January from 74.0 in December. Economists had expected the index to inch up to 74.5.
RTTNews | 19s 38 dakika önce