FTSE 100 Rises On Weak Pound

(RTTNews.com) – U.K. shares rose on Tuesday as the pound extended its Brexit setback slide and data showed U.K retail sales rebounded last month, fueled by higher food spending. The benchmark FTSE 100 was up 12 points or 0.17 percent at 7,351 in late o…

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Pound Little Changed After UK Services PMI

After the release of UK services PMI data at 4:30 am ET Tuesday, the pound changed little against its major rivals.

The pound was worth 1.3404 against the greenback, 150.82 against the yen, 1.3211 against the franc and 0.8838 against the euro around…

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Pound Falls Ahead Of UK Services PMI

IHS Markit publishes UK services PMI data at 4:30 am ET Tuesday. Economists forecast the index to fall to 55 in November from 55.6 in October.

Ahead of the data, the pound dropped against its major rivals.

The pound was worth 1.3399 against the gr…

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UK Car Registrations Decline In November: SMMT

UK new car demand declined in November as confusion over diesel continues to impact the market, the Society of Motor Manufacturers and Traders said Tuesday.

Car registrations logged a double-digit annual decline of 11.2 percent in November. Car sales…

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LONDON MARKETS: FTSE 100 Lifted By Rising Supermarket Stocks, Weaker Pound

What’s moving markets: Supermarket chain Tesco landed a ratings upgrade from Goldman Sachs, sending its shares to the top of the FTSE 100. Overall, consumer-related shares were higher after the British Retail Consortium and KPMG said retail sales in November rose 1.5% year-over-year following …

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FTSE 100 lifted by supermarket stocks

UK blue-chip stocks advanced on Tuesday , with supermarket shares marching higher after private retail sales data and a ratings upgrade for Tesco. The market overall also got a lift as the pound was pulled lower on political concerns. What markets are …

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Euro Weakens Vs Most Majors After Eurozone PMI

Following the release of Eurozone PMI data for November at 4.00 am ET Wednesday, the euro traded mixed against its major rivals. While the euro changed little against the pound, it dropped against the rest of major rivals.

The euro was trading at 1….

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Euro Retreats Vs Most Majors Ahead Of PMI Reports

At 3.45 am ET Wednesday, Italy’s services PMI report is due. Final PMI reports from France and Germany are due at 3:50 am ET and 3:55 am ET, respectively. At 4.00 am ET, Eurozone final composite PMI data is due.

Ahead of the data, the euro traded mi…

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Mporium’s Fast Web Media wins largest ever contract

Mporium Group PLC’s (LON:MPM) technology-led digital agency, Fast Web Media (FWM), has bagged a seven-figure contract with a FTSE 100 company. The win represents the largest contract ever awarded to FWM in its 20-year history. The agreement involves the provision of technology and agency …

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*Slovakia Q3 Jobless Rate At 8.0%

Slovakia Q3 Jobless Rate At 8.0%

The material has been provided by InstaForex Company – www.instaforex.com

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Pound Weakens On Failure Of Brexit Deal

The pound dropped against its major counterparts in late Asian deals on Tuesday, as British Prime Minister Theresa May failed to strike a Brexit divorce deal with EU negotiators.

The talks stumbled yesterday after DUP refused to support Downing Stree…

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*Taiwan Nov CPI Up 0.24% M-o-M

Taiwan Nov CPI Up 0.24% M-o-M

The material has been provided by InstaForex Company – www.instaforex.com

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