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Thursday,14 October 2021 at 07:24

UK and European stocks opened higher with investors around the world reflecting on the latest inflation data and earnings out of the U.S.

Asia-Pacific stocks were higher as investors reacted to the release of China’s inflation data for September.

Oil prices rose on expectations that high natural gas prices as winter approaches may drive a switch to oil to meet heating demand needs.

Gold prices hovered near a one-month peak as the dollar and longer-dated Treasury yields retreated from recent highs following hotter-than-expected U.S. inflation data.

In corporate news, private property rental company Grainger reported a rebound in performance in the second half of its fiscal year, with lettings at 94% as Covid restrictions were lifted. 

At 08:15
FTSE 100 7,187 +0.63%
FTSE 250 22,754 +0.53%
DAX 15,323 +0.47%
At the close
Dow Jones 34,377 (-0.00%)
S&P 500 4,363 +0.30%
NASDAQ 14,571 +0.73%
Fixed Income
UK 10-YR YIELD 1.112
Exchange Rates
GBP/USD 1.369
GBP/EUR 1.179
Gold $1,792 (-0.02%)
Brent $84.03 +0.79%
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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