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.
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Gold Price Forecast: XAU/USD recovers above $4,100, hawkish Fed might cap gainsGold price (XAU/USD) recovers some lost ground to near $4,105, snapping the two-day losing streak during the early European session on Friday. The precious metal edges higher on the softer US Dollar (USD).  Traders will take more cues from the Fedspeak later on Monday.
Author  FXStreet
Nov 17, Mon
Gold price (XAU/USD) recovers some lost ground to near $4,105, snapping the two-day losing streak during the early European session on Friday. The precious metal edges higher on the softer US Dollar (USD).  Traders will take more cues from the Fedspeak later on Monday.
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Author  Mitrade
Nov 18, Tue
Ethereum is trading near $3,150 and just 8% above a key $2,895 long-term holders’ cost basis, with on-chain flows, macro uncertainty and support around $3,000–$2,800 all shaping what comes next for ETH.
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Author  Mitrade
Nov 18, Tue
Ethereum's price plunged below $3,000 for the first time in four months, marking growing concerns of a potential end to the bull market.
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Author  Mitrade
20 hours ago
​Bitcoin's recent drop below $90,000 may signal a market bottom, according to industry leaders.
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Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP Look for a Foothold After a Sharp ShakeoutBitcoin trades near $92,600 after a dip below $90,000, while Ethereum around $3,118 and XRP near $2.21–$2.23 sit on key support zones, as BTC, ETH and XRP all try to turn a sharp correction into a tradable rebound rather than a deeper slide.
Author  Mitrade
19 hours ago
Bitcoin trades near $92,600 after a dip below $90,000, while Ethereum around $3,118 and XRP near $2.21–$2.23 sit on key support zones, as BTC, ETH and XRP all try to turn a sharp correction into a tradable rebound rather than a deeper slide.
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