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FTSE 100 Lags In Global Stocks Rally

FTSE 100 Lags In Global Stocks Rally

The FTSE 100 benchmark of the London Stock Exchange extended gains on Friday albeit with a less pronounced rally than peers in Europe amidst weaker than expected GDP data.
RTTNews | 276 days ago
UK Economy Unexpectedly Shrinks In October

UK Economy Unexpectedly Shrinks In October

The UK economy experienced an unexpected contraction in October, as uncertainty ahead of the Autumn budget dampened spending and investment, official data revealed on Friday. Gross domestic product fell 0.1 percent month-on-month in October, the same pace of drop as seen in September, the Office for National Statistics reported. GDP was forecast to grow 0.1 percent.
RTTNews | 276 days ago
CAC 40 Extends Gains

CAC 40 Extends Gains

A positive sentiment in global markets attributed to the Fed's monetary policy action that turned out to be less hawkish than expected lifted the CAC 40 index.
RTTNews | 276 days ago
Pound Slides As U.K. Economy Shrinks

Pound Slides As U.K. Economy Shrinks

The British pound weakened against other major currencies in the European session on Friday, after the U.K. economy contracted for the second straight month in October.
RTTNews | 276 days ago
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Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 276 days ago
DAX Records Strong Gains

DAX Records Strong Gains

The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange is trading with strong gains amidst an overwhelmingly positive sentiment in global markets.
RTTNews | 276 days ago
Indian Shares Extend Gains For Second Day

Indian Shares Extend Gains For Second Day

Indian shares closed higher on Friday, extending gains from the previous session on optimism for an India-U.S. trade deal after U.S. Trade Representative Jamieson Greer said that the U.S. has received the "best ever" offer from India.
RTTNews | 276 days ago
European Shares Edge Higher Led By Banks

European Shares Edge Higher Led By Banks

European stocks traded higher on Friday, with banks rising on investor optimism that the U.S. Federl Reserve will deliver more interest-rate cuts in 2026.
RTTNews | 276 days ago
Yen Declines Amid Risk-on Mood

Yen Declines Amid Risk-on Mood

The Japanese yen declined against other major currencies in the Asian session on Friday amid risk-on mood by the investors, as the markets continue to react to the US Fed's widely expected third consecutive interest rate cut and the Fed's less hawkish than expected outlook for interest rates.
RTTNews | 276 days ago

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