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Monday,11 October 2021 at 07:30

UK and European stocks opened fairly flat, searching for direction after a volatile week.

Shares in Asia-Pacific were mostly higher as stocks in Hong Kong led gains regionally.

Oil prices rose amid supply restraint from major producers and growing demand for fuels as economies try to recover from the coronavirus pandemic.

Gold prices were flat as the bullion was caught between a dip in the dollar and fears that the U.S. Federal Reserve would start paring stimulus this year despite weak jobs data.

In corporate news, Asos announced the departure of chief executive Nick Beighton on Monday with immediate effect, as it posted a jump in full-year profit but warned that sales growth was set to slow as it highlighted supply chain challenges and cost pressures. 

Markets
At 08:15
FTSE 100 7,118 +0.33%
FTSE 250 22,466 (-0.32%)
DAX 15,187 (-0.12%)
At the close
Dow Jones 34,746 (-0.03%)
S&P 500 4,391 (-0.19%)
NASDAQ 14,579 (-0.51%)
Fixed Income
UK 10-YR YIELD 1.204
Exchange Rates
GBP/USD 1.364
GBP/EUR 1.178
Commodities
Gold $1,755 (-0.11%)
Brent $83.80 +1.50%
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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