financetom
World
financetom
/
World
/
UK Stocks-Factors to watch on Sept. 16
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
UK Stocks-Factors to watch on Sept. 16
Sep 15, 2024 10:11 PM

Sept 16 (Reuters) - Britain's FTSE 100 index is

seen opening flat on Monday, with futures largely

unchanged.

* HOUSING: Britain's housing market recovered momentum in

September, as the Bank of England's first interest rate cut in

more than three years and greater political certainty after July

4's election boosted activity, property website Rightmove ( RTMVF ) said

on Monday.

* DOMINO'S: Britain's Domino's Pizza Group said on

Monday that it plans to hire 5,000 staff across the UK and

Ireland to meet the increased demand expected during the

upcoming peak holiday season.

* EMPLOYMENT: British businesses are worried that greater

protections for employees planned by the newly elected Labour

government will make it more risky to hire new staff, the

Confederation of British Industry (CBI) said on Sunday.

* RYANAIR: Ryanair CEO Michael O'Leary said on

Saturday a prolonged Boeing ( BA ) workers' strike may cut the number

of aircraft it receives by next summer to 20 from an anticipated

25.

* OIL: Oil prices edged up in early trade on Monday amid

expectations of a U.S. interest rate cut this week, though gains

were capped by weaker China data and persistent demand worries.

* GOLD: Gold prices surged to record highs on Monday, driven

by a softer dollar and expectations of a larger interest rate

cut by the U.S. Federal Reserve this week.

* Precious metal mining stocks lifted London's blue-chip

index on Friday as investors raised their bets on a hefty U.S.

interest rate cut next week, but gains were limited as a strong

pound weighed on export-oriented companies.

* UK CORPORATE DIARY:

Phoenix HY results

Group

* For more on the factors affecting European stocks, please

click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Radhika Anilkumar in Bengaluru;)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EMERGING MARKETS-Slipping commodity prices drag Latam currencies to multi-week lows
EMERGING MARKETS-Slipping commodity prices drag Latam currencies to multi-week lows
Jul 24, 2024
* Santander Brasil's net profit up 44% in Q2, beating forecasts * Fitch: Mexico's proposed judicial reform may hit investments Mexico's consumer prices overshoot all estimates in mid-July * Latam stocks down 1.8%, FX off 1.4% (Updated at 3:20 p.m. ET/1920 GMT) By Johann M Cherian and Shashwat Chauhan July 24 (Reuters) - Currencies of resources-rich Latin American economies fell...
GLOBAL MARKETS-Stocks dragged down by megacap tech, oil edges higher
GLOBAL MARKETS-Stocks dragged down by megacap tech, oil edges higher
Jul 24, 2024
* Wall Street stocks dip * Benchmark 10-year yields edge higher * Europe's STOXX close down 0.61% * Gold pare gains, dollar index weakens * Oil prices settle higher (Updates with U.S. markets close, oil settlement) By Lawrence White and Chibuike Oguh LONDON/NEW YORK, July 24 (Reuters) - Stocks sagged worldwide on Wednesday as earnings from Tesla and European luxury...
European Equities Close Lower in Wednesday Trading; Deutsche Bank Reports First Quarterly Loss in Four Years
European Equities Close Lower in Wednesday Trading; Deutsche Bank Reports First Quarterly Loss in Four Years
Jul 24, 2024
12:07 PM EDT, 07/24/2024 (MT Newswires) -- European stock markets closed lower in Wednesday trading as the Stoxx Europe 600 was down 0.61%, the Swiss Market Index lost 0.62%, France's CAC dropped 1.12%, the FTSE in London was off 0.17%, and Germany's DAX fell 0.92%. The eurozone private sector moved closer to stagnation in July as the seasonally adjusted HCOB...
TSX Closer: Profit Taking Pulls Down TSX Even as the Bank of Canada Cut Interest Rates Again
TSX Closer: Profit Taking Pulls Down TSX Even as the Bank of Canada Cut Interest Rates Again
Jul 24, 2024
04:24 PM EDT, 07/24/2024 (MT Newswires) -- The Toronto Stock Exchange closed lower for a second-straight session on Tuesday as profit taking outweighed a second cut to interest rates from the Bank of Canada and rising commodity prices. The S&P/TSX Composite Index closed down 174.18 points to 22,639.57, with the drop led by the Healthcare and Information Technology indices, down...
Copyright 2023-2026 - www.financetom.com All Rights Reserved