Thursday,07 December 2023 16:53:24

Market Report by Email

If you would like to receive the daily Market Report by email please fill out your name and email address in the sign-up form below and you will be added to our mailing list.

Thursday,07 December 2023 at 16:54

UK and European markets slipped, reversing gains seen in the previous trading session.

The yen staged its biggest one-day rally in almost a year after Japanese monetary authorities offered a surprisingly clear hint at a shift in policy.

Oil prices reclaimed some ground after tumbling to a six-month low the previous day but investors remained concerned about sluggish demand in the United States and China.

Gold prices edged higher as the dollar eased in the run up to U.S. non-farm payrolls data, which could shed light on the Federal Reserve’s policy trajectory.

Games Workshop announced on Thursday that its staff are set to receive a nice Christmas bonus, as it said trading since its last update in September has been in line with expectations.

Games Workshop said it expects pre-tax profit of no less than £94m, compared with £83.6m a year earlier.

Under its profit share scheme, the company will pay £2,500 in cash to each employee in December for their contribution to its performance.

Markets

At the close

FTSE 100 7,513 (-0.02%)

FTSE 250 18,618 (-0.26%)

DAX 16,637 (-0.11%)

At 16:45

Dow Jones 36,048 (-0.02%)

S&P 500 4,574 +0.54%

NASDAQ 14,287 +1.00%

Fixed Income

UK 10-YR YIELD 3.966

Exchange Rates

GBP/USD 1.256

GBP/EUR 1.165

Commodities

Gold $2,027 +0.13%

Brent $74.17 (-0.11%)

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.