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Monday,19 July 2021 at 07:38
and European stocks opened lower as markets digest the latest OPEC+ announcement regarding oil
production and continue to brood on inflation.
Shares in Asia-Pacific
closed lower as oil prices fell.
Oil prices fell,
hit by an agreement over the weekend within the OPEC+ group of producers to
Gold prices edged higher as
a fall in U.S. Treasury yields and concerns over a global economic recovery
lifted demand for the safe-haven metal.
In corporate news, strong demand from defence markets helped Ultra Electronics
deliver better-than-expected first-half profits.
its full-year earnings guidance as it said trading across the business has
FTSE 100 6,930 (-1.11%)
FTSE 250 22,197 (-1.20%)
DAX 15,384 (-1.01%)
At the close
Dow Jones 34,687 (-0.86%)
S&P 500 4,327 (-0.75%)
NASDAQ 14,427 (-0.80%)
UK 10-YR YIELD 0.617
Gold $1,804 (-1.31%)
Brent $72.38 (-1.19%)
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.