EUROPE MARKETS: London Markets Rise Ahead Of Bank Of England Meeting
20 Junio 2019 - 06:00AM
Noticias Dow Jones
By Dave Morris
London markets rose ahead of the Bank of England meeting after
U.S. and European central banks signaled they would support their
regional economies in the face of slowing growth.
How did markets perform?
The U.K.'s FTSE 100 is up 0.4% to 7,433.5. On Wednesday the
index closed 1.2% higher.
The pound was up 0.6% to $1.2718, more than erasing Wednesday's
gap down of 0.1%.
Oil prices rose as tensions in the Gulf continued to increase.
The West Texas Intermediate (WTI) crude oil benchmark was up 3% to
$55.37/bbl. while the Brent benchmark was 2.3% higher at
$63.25/bbl.
What's moving the markets?
The U.S. Federal Reserve did not cut rates
(http://www.marketwatch.com/story/fed-holds-interest-rates-steady-will-now-closely-monitor-data-in-shift-away-from-patient-stance-2019-06-19),
but it did signal that it was considering doing so at its policy
rate announcement Wednesday, citing growing "uncertainties".
Various asset classes responded to the news, with U.S. equities
rising, Treasury bond yields falling and gold reaching a five-year
high
(http://www.marketwatch.com/story/gold-soars-to-five-year-high-after-fed-hints-at-interest-rate-cuts-2019-06-20).
Iran claimed responsibility for shooting down a U.S. drone
(http://www.marketwatch.com/story/iran-says-it-shot-down-us-drone-amid-rising-tensions-2019-06-19),
which it said had entered Iranian airspace near the Strait of
Hormuz. A U.S. spokesperson told the Associated Press there was "no
drone over Iranian territory". The disagreement is the latest in
tensions between the two countries exacerbated by an incident where
the U.S. accused Iran of having attacked two oil tankers near the
Gulf of Oman. Iran denies involvement.
In economic data, U.K. retail sales in May disappointed. They
rose 2.3% year over year, revised, versus 2.5% expected.
The Bank of England meets today, and are expected to leave the
bank rate unchanged as political uncertainty hangs over the U.K.
economy.
Which stocks are active?
Halma PLC (HLMA.LN) shares climbed 2.6% after UBS upgraded the
stock from sell to neutral. The analysts cited higher demand in the
U.S. for the safety equipment maker, and suggested it could make
acquisitions.
Shares in Dixons Carphone PLC (DC.LN) plummeted 12% after the
electronics retailer reported disappointing fiscal 2019 earnings
(http://www.marketwatch.com/story/dixons-carphone-swings-to-loss-on-higher-costs-2019-06-20).
The company's pretax profit was down 22% year over year, to GBP298
million
(END) Dow Jones Newswires
June 20, 2019 06:45 ET (10:45 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
FTSE 100
Gráfica de índice
De Feb 2024 a Mar 2024
FTSE 100
Gráfica de índice
De Mar 2023 a Mar 2024