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
Bitcoin Price Forecast: BTC extends gains after third consecutive week of ETF inflowsBitcoin (BTC) extends gains, trading above $73,000 at the time of writing on Monday, following a bullish breakout from the consolidation pattern it had been trading since roughly the past six weeks.
Author  FXStreet
11 hours ago
Bitcoin (BTC) extends gains, trading above $73,000 at the time of writing on Monday, following a bullish breakout from the consolidation pattern it had been trading since roughly the past six weeks.
placeholder
Breaking: Gold falls below $5,000 as oil-driven inflation fears weighGold price (XAU/USD) tumbles to around $4,980 during the early Asian session on Monday. The precious metal faces some selling pressure despite intense geopolitical conflict in the Middle East. Traders will closely monitor the developments surrounding the United States (US)-Israel war with Iran. 
Author  FXStreet
20 hours ago
Gold price (XAU/USD) tumbles to around $4,980 during the early Asian session on Monday. The precious metal faces some selling pressure despite intense geopolitical conflict in the Middle East. Traders will closely monitor the developments surrounding the United States (US)-Israel war with Iran. 
placeholder
Yen Nears 160 Mark Again, Is Japan Intervention Imminent? As the US dollar continues to strengthen, the yen is once again approaching a key psychological level. During the Friday Asian trading session, USD/JPY (USDJPY) rose to near the 160 level
Author  TradingKey
Mar 13, Fri
As the US dollar continues to strengthen, the yen is once again approaching a key psychological level. During the Friday Asian trading session, USD/JPY (USDJPY) rose to near the 160 level
placeholder
WTI climbs above $95.50 as Iran says the Strait of Hormuz must remain closed West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $95.75 during the early Asian trading hours on Friday. The WTI price surges due to the effective closure of the Strait of Hormuz amid conflict involving the United States (US), Israel, and Iran.
Author  FXStreet
Mar 13, Fri
 West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $95.75 during the early Asian trading hours on Friday. The WTI price surges due to the effective closure of the Strait of Hormuz amid conflict involving the United States (US), Israel, and Iran.
placeholder
Goldman Sachs Raises Oil Price Forecasts and Warns Oil May Break All-Time Highs if Strait of Hormuz Disruption PersistsTradingKey - As tensions in the Middle East continue to escalate, concerns over supply disruptions in the energy market are heating up rapidly. Goldman Sachs' latest report raised its crude oil price
Author  TradingKey
Mar 12, Thu
TradingKey - As tensions in the Middle East continue to escalate, concerns over supply disruptions in the energy market are heating up rapidly. Goldman Sachs' latest report raised its crude oil price
goTop
quote