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Friday,16 July 2021 at 07:29

UK and European markets opened higher as investors monitored economic data, corporate earnings and the spread of the delta Covid-19 variant.

Shares in Asia-Pacific fell as the Bank of Japan held steady on monetary policy.

Oil prices fell as supply concerns continued to haunt the market.

Gold prices were subdued by pressure from a firmer dollar.

In corporate news, Burberry reported a sharp rise in first quarter sales and maintained full-year guidance as younger customers were attracted to the brand.

Segro has agreed the sale of a portfolio of six Italian urban warehouses for €127.5m (£108.91m) to AXA IM Alts, on behalf of clients. 

Markets
At 08:15
FTSE 100 7,046 +0.49%
FTSE 250 22,605 +0.46%
DAX 15,633 +0.02%
At the close
Dow Jones 34,987 +0.15%
S&P 500 4,360 (-0.33%)
NASDAQ 14,543 (-0.70%)
Fixed Income
UK 10-YR YIELD 0.646
Exchange Rates
GBP/USD 1.380
GBP/EUR 1.169
Commodities
Gold $1,824 (-0.27%)
Brent $73.22 (-0.04%)
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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