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Monday,13 September 2021 at 07:20
and European stocks opened slightly higherwith investors continuing to weigh up the
European Central Bank’s latest policy decision and inflation data.
Shares in Asia-Pacific
were mixedwith stocks in Hong Kong leading losses.
Oil prices climbedas
concerns over U.S. supplies following damage from Hurricane Ida supported the
market, along with expectations for higher demand.
Gold prices were subduedas
the dollar held firm, while cautious investors awaited readings on U.S.
consumer prices due this week that could be crucial to Federal Reserve’s
decision on when to exit its super-supportive policy.
In corporate news, Rolls-Royceand Babcocksaid they had sold their stakes in AirTanker Holdings
Limited to Equitix Investment Management.
its full-year profit outlook as weak fourth-quarter sales at Primark were
offset by strong profit margins in the fashion business and a solid performance
from its food and sugar divisions.
FTSE 100 7,066 +0.54%
FTSE 250 23,830 +0.40%
DAX 15,705 +0.62%
At the close
Dow Jones 34,607 (-0.78%)
S&P 500 4,458 (-0.77%)
NASDAQ 15,115 (-0.87%)
UK 10-YR YIELD 0.667
Gold $1,787 (-0.01%)
Brent $73.26 +0.55%
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.