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Monday,01 August 2022 at 07:27
UK
and European stocks opened in mixed territory, kicking off August trading on uncertain
footing.
China stocks rose along
with most other Asia-Pacific indexes as a private survey on
Chinese factory activity showed slight growth.
Oil prices dropped early
as investors braced for this week’s meeting of officials from OPEC and other
top producers on supply adjustments.
Gold prices held steady,
hovering near a more than three-week high.
HSBC reported
a fall in first-half profits on Monday but pledged to resume quarterly
dividends next year as its annual outlook remained positive.
The banking giant posted a pre-tax profit of $9.17bn, down more than 15%
year-on-year, despite reporting a modest 2% uptick in interim revenues to
$12.8bn.
Markets
At 08:30
FTSE 100 7,430 +0.37%
FTSE 250 20,168 +0.02%
DAX 13,487 +0.03%
At the close
Dow Jones 32,845 +0.97%
S&P 500 4,130 +1.42%
NASDAQ 12,390 +1.88%
Fixed Income
UK 10-YR YIELD 1.876
Exchange Rates
GBP/USD 1.219
GBP/EUR 1.191
Commodities
Gold $1,765 (-0.02%)
Brent $103.55 (-3.83%)
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.
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