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Wednesday,09 June 2021 at 07:28

UK and European stocks opened lower as investors prepare for the next reading of U.S. inflation due Thursday. 

Shares in major Asia-Pacific markets traded mostly lower as investors reacted to the release of Chinese inflation data. 

Oil prices rose on signs of strong fuel demand in Europe. 

Gold priced lower ahead of U.S. inflation data and the European Central Bank policy meeting this week.

In corporate news, SSP reported wider interim losses as Covid travel restrictions saw most of its outlets closed but said it had seen an improvement in trading in the UK and North America since the end of March.

Markets
At 08:15
FTSE 100 7,077 (-0.24%)
FTSE 250 22,882 (-0.06%)
DAX 15,645 +0.03%
At the close
Dow Jones 34,599 (-0.09%)
S&P 500 4,227 +0.02%
NASDAQ 13,924 +0.31%
Fixed Income
UK 10-YR YIELD 0.772
Exchange Rates
GBP/USD 1.417
GBP/EUR 1.163
Commodities
Gold $1,891 (-0.05%)
Brent $72.58 +0.71%
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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