investing
Investing
Alternative investment funds: are Guernsey and Jersey the ‘new Luxembourg’?
Investing
UK’s FTSE 100 flat as defensives offset China COVID-19 worries
Investing
Shares, bond yields fall as inflation fears swirl
Investing
FTSE 100 down as China COVID worries weigh on miners
UK stocks end the week higher amid political, economic turmoil
Date: July 8, 2022
By Sruthi Shankar and Bansari Mayur Kamdar (Reuters) -UK’s FTSE 100 inched up on Friday boosted by energy and consumer staple stocks at the end of a week marked by political turmoil in Britain, soaring energy prices in Europe and hawkish comments from major central banks. The blue-chip FTSE 100 rose 0.1% after falling as...
European shares mark strong end to week, but recession worries remain
Date: July 8, 2022
By Devik Jain and Susan Mathew (Reuters) -European shares ended higher on Friday, recovering after hitting session lows following bumper U.S. jobs data that strengthened the case for another big interest rate hike by the Federal Reserve. The continent-wide STOXX 600 index closed up 0.5%, ending the week up 2.5%. Automakers were the biggest sectoral...
Stocks dip, oil climbs in wake of strong U.S. jobs report
Date: July 8, 2022
By Pete Schroeder and Elizabeth Howcroft WASHINGTON/LONDON (Reuters) -Wall Street dropped and oil jumped Friday morning after a strong jobs report in the United States suggested the Federal Reserve may have further to go to cool off the economy and stifle inflation. Strong data from the U.S. Labor Department, which reported the United States added...
UK stocks drop as investors shun risky bets in turbulent week
Date: July 8, 2022
By Sruthi Shankar (Reuters) -UK’s main stock indexes slipped on Friday as global sentiment soured at the end of a week marked by political turmoil in Britain, soaring energy prices in Europe and hawkish comments from major central banks. The blue-chip FTSE 100 dipped 0.01%, while the domestically oriented FTSE midcap index slid 0.4%. Risk...
European shares tepid as miners fall on China COVID worries
Date: July 8, 2022
By Devik Jain (Reuters) – European shares were muted on Friday, weighed down by miners as copper prices retreated on concerns over latest COVID-19 curbs and flare-ups in China, while investors also maintained a cautious stance ahead of monthly U.S. jobs data. The continent-wide STOXX 600 index was down 0.1%, after climbing 3.6% in the...
European shares struggle ahead of U.S. jobs data
Date: July 8, 2022
By Elizabeth Howcroft and Lucy Raitano LONDON (Reuters) – European shares opened slightly lower on Friday and struggled to make gains after the shooting of Japan’s former prime minister caused a pullback in Asian shares, while investors waited for key U.S. jobs data later in the session. Investor sentiment had been positive earlier in the...