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Friday,05 August 2022 at 07:39

UK and European markets opened fractionally higher as investors track corporate earnings and await a key U.S. jobs report.

Taiwan shares led gains in Asia-Pacific markets as investors shake off China’s military drills following U.S. House Speaker Nancy Pelosi’s visit.

Oil prices rose.

Gold prices firmed as a retreat in dollar and U.S. Treasury yields and growing recession fears boosted demand.

In corporate news, advertising giant WPP reported a rise in interim profits, driven by strong client demand across all services.

The company said pre-tax profit rose 12% to £562m.  

At 08:15
FTSE 100 7,437 (-0.15%)
FTSE 250 20,157 +0.40%
DAX 13,650 (-0.09%)
At the close
Dow Jones 32,726 (-0.26%)
S&P 500 4,151 (-0.08%)
NASDAQ 12,720 +0.41%
Fixed Income
UK 10-YR YIELD 1.909
Exchange Rates
GBP/USD 1.215
GBP/EUR 1.187
Gold $1,790 +0.03%
Brent $94.44 +0.93%
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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