FTSE – 18 at 5797 after closing in the previous session above 5800

<p>FTSE – 18 at 5797 after closing in the previous session above 5800. This was the first time since April 3rd following stronger US manufacturing […]</p>

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  • FTSE – 18 at 5797 after closing in the previous session above 5800. This was the first time since April 3rd following stronger US manufacturing data.
  • Strong earnings mixed with weak eurozone economic data this morning.
  • Germany unemployment is higher than expected, the rate remains at 6.8%.
  • BSkyB reported record nine-month operating profits which is now trading +2.1% and top of the FTSE leader board.
  • NEXT, Britains second biggest clothing retailer met forecasts for quarterly sales trading up +2% this morning.
  • Ex-dividend day saw Admiral, Weir and Barclays trading without their dividend entitlement meaning they were the biggest losers on FTSE.
  • At 10am GMT the EU zone unemployement rate is announced.
  • At 3pm GMT the US factory orders are out and tomorrow the ECB rate decision with the non-farm payroll are out on Friday.

 

 

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