FTSE 100 down; employment better than expected; earnings data mixed

Source Investing

Investing.com – U.K. equities started mixed on Tuesday, with losses in majority of sectors. Top losers were Food & Drug Retailers, Household Goods, Industrial Metals & Mining and Electronic & Electrical Equipment. Mining, Personal Goods, Aerospace & Defense and Gas Water & Multiutilities sectors were up.

At the market open in London, the FTSE 100 Index fell 0.48%. The FTSE 250 Index and the FTSE 350 Index also declined. The FTSE 250 dropped 0.07%, while the FTSE 350 was down by 0.60%.

Top Gainers:

Fresnillo (LON:FRES): Climbed 2.12% or 10.72 points to 515.22.

Flutter (LON:FLTRF) Entertainment: Rose 0.69% or 115.0 points to 16,765.0.

JD Sports Fashion (LON:JD): Increased 0.63% or 0.85 points to 136.70.

InvestingPro: Top Gainers Market Cap History

Top Losers:

AstraZeneca (LON:AZN): Dropped 5.52% or 702.0 points to 12,010.0.

Hikma Pharma (LON:HIK): Declined 1.77% or 34.36 points to 1,909.65.

ConvaTec (LON:CTEC) Group: Fell 1.37% or 3.20 points to 230.40.

InvestingPro: Top Losers Market Cap History

In Commodities Trading:

  • Gold Futures for December delivery climbed 0.90 points to 2,533.60 a troy ounce.
  • Crude Oil for October delivery dropped 0.43 points to 68.28 a barrel.
  • November Brent Oil Contract fell 0.56% or 0.40 points to 71.44 a barrel.

Currency Markets:

  • GBP/USD is still struggling to stay above 1.31 line.
  • EUR/GBP is at 0.84.
  • The US Dollar Index Futures was up 0.07% at 101.584.

GBP/USD

Main Economic Events:

Today's main economic event in the United Kingdom are the earnings reports and the employment data. Employment change surpassed the forecasts.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold rebounds past $4,400 as rate-hike odds cool ahead of NFPGold is back above $4,400 after weak ADP data cut September rate-hike odds to ~58%. XAU/USD rebounded from Wednesday's $4,282 low; Friday's NFP is the next catalyst.
Author  Irene Q.
11 hours ago
Gold is back above $4,400 after weak ADP data cut September rate-hike odds to ~58%. XAU/USD rebounded from Wednesday's $4,282 low; Friday's NFP is the next catalyst.
placeholder
US August Nonfarm Payrolls Preview: Will the Labor Market Quell Fed Rate Hike Expectations? US Stocks, Dollar, and Gold Face Key TestThe U.S. Bureau of Labor Statistics will release the August nonfarm payrolls report at 8:30 a.m. ET on September 4. Following hawkish signals delivered by Fed Chair Warsh at Jackson Hole
Author  TradingKey
12 hours ago
The U.S. Bureau of Labor Statistics will release the August nonfarm payrolls report at 8:30 a.m. ET on September 4. Following hawkish signals delivered by Fed Chair Warsh at Jackson Hole
placeholder
Gold rebounds above $4,350 as US Dollar, Treasury yields slipGold price (XAU/USD) rebounds from a nearly one-month low to around $4,385 during the early Asian session on Thursday. The precious metal edges higher as the ‌US Dollar (USD) and Treasury yields retreat from recent highs.
Author  FXStreet
19 hours ago
Gold price (XAU/USD) rebounds from a nearly one-month low to around $4,385 during the early Asian session on Thursday. The precious metal edges higher as the ‌US Dollar (USD) and Treasury yields retreat from recent highs.
placeholder
Gold Price Forecast: Will Gold Keep Falling After Dropping Below $4,300 as US-Iran Conflict Drives Up Oil Prices?As of the Asian trading session on September 2, gold prices (XAUUSD) fell below $4,300 intraday to a low of $4,282.45, with the latest price hovering around $4,320, down nearly 9% cumulat
Author  TradingKey
Yesterday 09: 10
As of the Asian trading session on September 2, gold prices (XAUUSD) fell below $4,300 intraday to a low of $4,282.45, with the latest price hovering around $4,320, down nearly 9% cumulat
placeholder
Escalating US-Iran Conflict Drives Up Oil Prices, WTI Returns Above $90, Gold Falls Near $4,300 As of the Asian session on September 2, international oil prices surged, with WTI crude (USOIL) reclaiming $90, and Brent crude (UKOIL) rising above $95, reaching a high of $97.04; meanwh
Author  TradingKey
Yesterday 02: 21
As of the Asian session on September 2, international oil prices surged, with WTI crude (USOIL) reclaiming $90, and Brent crude (UKOIL) rising above $95, reaching a high of $97.04; meanwh
goTop
quote