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Thursday,24 November 2022 at 08:51

UK & European markets were flat as investors assessed the latest meeting minutes from the U.S. Federal Reserve.

Markets in the Asia-Pacific traded higher as the U.S. Federal Reserve said they expect to switch to smaller rate hikes “soon.".

Oil prices fell as fears of supply disruption eased on news that the G7 nations were considering a high price cap on Russian oil.

Gold priced higher.

In corporate news, shoe brand Dr Martens reported a fall in first-half profits as direct-to-consumer sales fell in the second quarter but maintained annual revenue guidance.

The company, famed for its lace up boots now popular again with celebrities, said pre-tax profit fell 5% to £57.9m. 

Markets
At 08:30
FTSE 100 7,459 (-0.07%)
FTSE 250 19,588 +0.44%
DAX 14,471 +0.31%
At the close
Dow Jones 34,194 +0.28%
S&P 500 4,027 +0.59%
NASDAQ 11,285 +0.99%
Fixed Income
UK 10-YR YIELD 2.962
Exchange Rates
GBP/USD 1.207
GBP/EUR 1.159
Commodities
Gold $1,756 +0.38%
Brent $84.93 +0.68%
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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