Barclays down 3%, RBS down 2% - 17th August, Market Update
- 13 years ago
Join Stuart Jackson of City Index (http://www.cityindex.co.uk/) as he brings you the latest trading floor news on Wednesday 17th August 2011. Headlines include:
- European markets have given a negative verdict on the outcome of yesterday's Eurozone debt crisis meeting, with the FTSE down 40 point, CAC flat and DAX down 35 points.
- UK banks are off to a tough start today with Barclays down 3% and RBS down 2% as fears of further contagion continue to weigh on the sector.
- On the FTSE, Kazakh mining giant ENRC posted a rise in profits and revenues in the first half year. Revenues were up 32% from the same period the previous year at $4.011 million, currently trading up 3%.
- At 9.30am UK time, we have the UK employment data for July that's expected to come in line with last month's numbers, followed by the US production number.
Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.
- European markets have given a negative verdict on the outcome of yesterday's Eurozone debt crisis meeting, with the FTSE down 40 point, CAC flat and DAX down 35 points.
- UK banks are off to a tough start today with Barclays down 3% and RBS down 2% as fears of further contagion continue to weigh on the sector.
- On the FTSE, Kazakh mining giant ENRC posted a rise in profits and revenues in the first half year. Revenues were up 32% from the same period the previous year at $4.011 million, currently trading up 3%.
- At 9.30am UK time, we have the UK employment data for July that's expected to come in line with last month's numbers, followed by the US production number.
Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.