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Weaker pound, retail stocks boosts FTSE 100; Mid-caps end best day in two-weeks;
Published at 22/04/2021 at 17:35 -
Solid earnings boost European stocks as ECB stands pat
Published at 22/04/2021 at 17:22 -
FTSE 100 rises on miners, industrials boost; Rentokil Initial slumps
Published at 22/04/2021 at 08:22 -
European shares extend gains on upbeat Nestle, Volvo earnings
Published at 22/04/2021 at 08:17 -
UK Stocks-Factors to watch on April 22
Published at 22/04/2021 at 07:52 -
UK Stocks-Factors to watch on April 22
Published at 22/04/2021 at 06:17 -
FTSE 100 ends higher on AstraZeneca, oil stock boost; Just Eat Takeaway slumps
Published at 21/04/2021 at 17:29 -
European shares rebound on strong earnings, M&A speculation boosts Hugo Boss
Published at 21/04/2021 at 17:17 -
FTSE 100 rises on boost from BP, Shell; Just Eat Takeaway slumps
Published at 21/04/2021 at 08:23 -
European stocks bounce back as ASML outlook lifts tech sector
Published at 21/04/2021 at 08:20
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FOREX-Euro and U.S. dollar waffle as markets weigh ECB policy talk
Published at 22/04/2021 at 15:52 -
FOREX-Euro inches higher ahead of ECB meeting, dollar languishes
Published at 22/04/2021 at 12:09 -
FOREX-Euro tiptoes higher ahead of ECB meeting
Published at 22/04/2021 at 09:12 -
FOREX-Dollar near multi-week lows as yield support fades, euro eyes ECB
Published at 22/04/2021 at 06:17 -
FOREX-Dollar loses bond yield support, euro looks to ECB for inspiration
Published at 22/04/2021 at 03:24 -
FOREX-Dollar stalls as yield gains slow, focus shifts to ECB
Published at 22/04/2021 at 02:03 -
FOREX-U.S. dollar losses bounce after Canada tips toward higher rates
Published at 21/04/2021 at 21:00 -
FOREX-U.S. dollar losses bounce after Canada tips toward higher rates
Published at 21/04/2021 at 17:51 -
FOREX-Dollar firm as COVID-19 resurgence dampens risk appetite
Published at 21/04/2021 at 15:25 -
FOREX-Dollar firm as COVID-19 resurgence hits reflation trades
Published at 21/04/2021 at 12:33
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Oil steady as Libya output decline offsets risks to Asian demand
Published at 22/04/2021 at 20:47 -
PRECIOUS-Gold slips 1% as stronger U.S. dollar weighs
Published at 22/04/2021 at 19:15 -
PRECIOUS-Gold slips from 2-month peak, palladium holds near record high
Published at 22/04/2021 at 13:20 -
PRECIOUS-Gold nears $1,800 level as U.S. dollar, yields lose ground
Published at 22/04/2021 at 08:25 -
Oil falls 3rd day on U.S. stock build, surging COVID-19 cases
Published at 22/04/2021 at 03:04 -
PRECIOUS-Gold hovers near eight-week high on easing U.S. dollar, yields
Published at 22/04/2021 at 02:37 -
Oil prices drop 2% on U.S. crude build, COVID-19 surge in India
Published at 21/04/2021 at 22:33 -
PRECIOUS-Supply woes push palladium to record high, gold up more than 1%
Published at 21/04/2021 at 18:54 -
PRECIOUS-Gold gains as easing U.S. Treasury yields boost appeal
Published at 21/04/2021 at 14:04 -
PRECIOUS-Gold gains as softer U.S. dollar, yields lift appeal
Published at 21/04/2021 at 08:11
UPDATE 2-FTSE 100 falls as high yields weigh, but marks best week in 2 months
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)
* FTSE 100 up 2.3% this week
* House price growth slows in February
* Aggreko rises after backing buyout offer
* London Stock Exchange Group slumps on Refinitiv deal costs
* FTSE 100 down 0.3%, FTSE 250 off 1.6%
(Updates to close)
By Shivani Kumaresan and Amal S
March 5 (Reuters) - London's FTSE 100 ended down on Friday as concerns around U.S. bond yields and sluggishness in the British housing market outweighed strength in energy stocks and weakness in the pound.
But the blue-chip FTSE 100 index logged its best weekly gain in nearly two months as investors bet on an eventual reopening and recovery of the economy as COVID-19 vaccinations gained momentum.
The index ended 0.3% down, with industrials and consumer discretionary stocks, including Melrose Industries , BAE Systems , International Consolidated Airlines Group
, and Ashtead Group weighing the most.
Further losses were capped by oil majors Royal Dutch Shell
and BP , while export-oriented stocks benefited from weakness in the pound.
"I think the market is overall still distracted by the higher bond yields and right now that seems to dissipate the strength of Brent crude," said Connor Campbell, an analyst at Spreadex.
"The inflationary fears are sort of in the future rather than at present, so it'll be interesting to see how the markets react to the U.S inflation figures and Bank of England Governor Andrew Bailey's talks in next week."
British house price growth slowed for a third month running in February, a further sign that the pandemic boom in Britain's housing market was fading, mortgage lender Halifax said.
The domestically focused mid-cap FTSE 250 index fell 1.6%, dragged down by consumer discretionary and real estate stocks. But it logged small gains for the week.
In company news, equipment rental company Aggreko rose 0.7%, as it backed a 2.32 billion pound ($3.22 billion) buyout offer from private equity firms TDR Capital LLP and I Squared Capital.
London Stock Exchange Group plummeted 14.4% to the bottom of the blue-chip index, even after announcing a 7% dividend increase as analysts grew skittish over costs associated with its $27 billion acquisition of data and analytics company Refinitiv.
(Reporting by Shivani Kumaresan and Amal S in Bengaluru; Editing by Rashmi Aich, Aditya Soni and Alex Richardson)
((Shivani.Kumaresan@thomsonreuters.com; +1 646 223 8780;))
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