FTSE 100 Rises Ahead Of Central Bank Decisions

RTTNews | vor 821 Tagen
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.

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U.S. Factory Orders Spike Slightly Less Than Expected In March

U.S. Factory Orders Spike Slightly Less Than Expected In March

The Commerce Department released a report on Friday showing a sharp increase by new orders for U.S. manufactured goods in the month of March. The report said factory orders spiked by 4.3 percent in March after rising by a downwardly revised 0.5 percent in February.
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U.S. Employment Jumps By 177,000 Jobs In April, Much More Than Expected

U.S. Employment Jumps By 177,000 Jobs In April, Much More Than Expected

Job growth in the U.S. far exceeded economist estimates in the month of April, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 177,000 jobs in April compared to expectations for an increase of about 130,000 jobs.
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Eurozone Inflation Remains Stable At 2.2%

Eurozone Inflation Remains Stable At 2.2%

Euro area annual inflation remained stable in April near the European Central Bank's 2 percent target, but the trade tariff uncertainty clouds the outlook. The harmonized index of consumer prices grew 2.2 percent on a yearly basis in April, the same pace of increase as seen in March, flash data from Eurostat showed on Friday. Prices were expected to climb at a slower pace of 2.1 percent.
RTTNews | vor 1Std 59 Minuten
Eurozone Manufacturing Activity Shrinks At Slower Pace

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RTTNews | vor 2Std 11 Minuten
Bay Street May Open Higher

Bay Street May Open Higher

The Canadian market is likely to open on a positive note on Friday, tracking firm European stocks amid easing concerns over U.S.-China trade tensions after Beijing stated its willingness to engage in tariff negotiations with the United States.
RTTNews | vor 2Std 14 Minuten
SharkNinja Recalls 1.85 Mln Pressure Cookers

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SharkNinja Operating LLC is recalling about 1.85 million units of Foodi Multi-Function Pressure Cookers citing risk of burn, and after 26 lawsuits were filed, according to the U.S. Consumer Product Safety Commission or CPSC. In addition, about 184,240 units were sold in Canada. The agency noted that the pressure-cooking lid can be opened during use, causing hot contents to escape.
RTTNews | vor 2Std 41 Minuten