Thu. Aug 5th, 2021

Corporate: Purplebricks (Full year); Ocado, RM (Interim); J Sainsbury (Trading update).
Economics: Construction PMI (UK), financial confidence, factory orders (Germany), retail sales, economic sentiment (EU), service PMI (United States).

Great early morning. The FTSE 100 is tipped to fall after a combined day of trading in Asia.

Great morning. The FTSE 100 is tipped to fall after a combined day of trading in Asia. Chinese stock markets fell while other indices around Asia-Pacific rose..
5 things to start your day.
1) Morrisons must not be taken over for the wrong factors, alerts L&G: Shares in grocery store skyrocket after 3rd possible bidder emerges and major financier requires clearness about Fortress intentions.
2) High streets might never recover from Covid, ministers warn: If less individuals return to work completely, there are fears that other companies and numerous sellers will take a heavy hit.
3) Britains biggest microchip factory sold to Chinese-owned tech company: Newport Wafer Fab center in South Wales was seized by Chinas Nexperia for about ₤ 65m despite security issues.
4) Jim Ratcliffe gets behind the hydrogen energy rush: Chemicals huge Ineos purchases the ₤ 250m HydrogenOne Capital Growth fund that will be listed in London.
5) Californias heat dome poses unmatched difficulty: Golden state, and worlds fifth biggest economy, should determine how to fight severe weather condition prior to heatwaves bring service to a dead stop.
What took place overnight.
Asian shares were blended in muted trading on Tuesday as oil costs rose greater after a meeting of oil producing nations was held off.
Experts said there was little else directing markets with the United States closed for the Independence Day vacation.
Criteria in Japan, Australia and South Korea edged greater, while those in China decreased.
Japans benchmark Nikkei 225 edged up 0.5 pc to 28,733.83. South Koreas Kospi included 0.6 pc to 3,311.51. Australias S&P/ ASX 200 inched up less than 0.1 pc to 7,318.30. Hong Kongs Hang Seng lost 0.5 pc to 28,001.52, while the Shanghai Composite slipped 0.5 pc to 3,518.55. Showing up today.

spacer .

By

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Wizadclick | WAC MAG 2021