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Monday,07 November 2022 at 08:45
U.K. and European markets opened lower as investors
gear up for a busy week in U.S. politics.
Hong Kong stocks led gains
in the Asia-Pacific as China’s trade data fell far short
Oil prices fell more than
$1 a barrel after Chinese officials on the weekend reiterated
their commitment to a strict Covid containment approach.
Gold prices slipped
from a three-week high scaled in the previous session.
In corporate news, budget airline Ryanair on
posted record interim profits driven by summer bookings and said expected
full-year profits to hit pre-Covid levels.
The carrier also upgraded passenger forecasts as it posted a €1.37bn after-tax
profit in the six months to September 30, compared with a €48m loss last year
due to pandemic restrictions on travel.
FTSE 100 7,335 +0.00%
FTSE 250 18,397 +0.30%
DAX 13,464 +0.03%
At the close
Dow Jones 32,403 +1.26%
S&P 500 3,770 +1.36%
NASDAQ 10,475 +1.28%
UK 10-YR YIELD 3.593
Gold $1,673 (-0.41%)
Brent $97.90 +3.55%
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.