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6 Aug 2015
Super Thursday pushes FTSE lower at open
FXStreet (Mumbai) - The UK stock markets fell at the opening bell as investors brace up for the massive outflow of information from the Bank of England (BOE).
The so called ‘Super Thursday’ includes the BOE rate decision and minutes release, followed by the quarterly inflation report and Carney’s press conference.
The FTSE is down 0.27% at 6735 in the early session. BP, Anglo American and SABMiller are some of the major companies who fell after going ex-dividend. Shares in mining firm Rio Tinto rose 0.5% despite the company reporting a sharp drop in second-quarter profits.
The FTSE bank index 0.2% is down even though the rating agency Moody revised the outlook on UK banks to stable from negative.
In the FX markets, the GBP/USD is trading in the sideways manner around 1.5610 and the EUR/GBP is trading down 0.14% at 0.6980.
The so called ‘Super Thursday’ includes the BOE rate decision and minutes release, followed by the quarterly inflation report and Carney’s press conference.
The FTSE is down 0.27% at 6735 in the early session. BP, Anglo American and SABMiller are some of the major companies who fell after going ex-dividend. Shares in mining firm Rio Tinto rose 0.5% despite the company reporting a sharp drop in second-quarter profits.
The FTSE bank index 0.2% is down even though the rating agency Moody revised the outlook on UK banks to stable from negative.
In the FX markets, the GBP/USD is trading in the sideways manner around 1.5610 and the EUR/GBP is trading down 0.14% at 0.6980.