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3 August 2017
 |
| Japan stock markets (The Total Investment & Insurance Solutions) |
Global stocks were mixed on Thursday as investors looked to see whether
the Dow Jones industrial might add to its record close from the day before. The
pound slumped after the Bank of England kept its key interest rate at a record
low. The Total Investment &
Insurance Solutions
KEEPING SCORE: France's CAC 40 rose 0.4
percent to 5,126 while Germany's DAX was down 0.2 percent at 12,155. Britain's
FTSE 100 gained 0.5 percent to 7,447. U.S. shares were set to drift lower with
Dow and S&P 500 futures both down 0.1 percent. The Total Investment & Insurance Solutions
UPBEAT COMPANIES: Upbeat earnings from Apple
pushed U.S. markets higher the day before, with the Dow closing above 22,000
for the first time. Investors appear wary of any further major gains and are
keeping an eye on more earnings reports for clues. In Europe, profits at
industrial giant Siemens and carmaker BMW rose more than expected. The Total Investment & Insurance
Solutions
BRITISH CAUTION: The Bank of England left its
key rate at a record low and cut its growth forecasts for Britain. The pound
fell as a result, as the decision indicated the central bank is unlikely to
raise rates any time soon. The British currency was down 0.7 percent at
$1.3127.
ASIA'S DAY: Japan's benchmark Nikkei 225 lost
0.3 percent to finish at 20,029.26. Australia's S&P/ASX 200 slipped 0.2
percent to 5,735.10. South Korea's Kospi sank 1.7 percent to 2,386.85. Hong
Kong's Hang Seng shed 0.3 percent to 27,531.01, while the Shanghai Composite
skidded 0.4 percent to 3,272.93. India's Sensex fell 0.5 percent to 32,310.37
and markets in Southeast Asia also dropped.
ENERGY: Benchmark U.S. crude rose 17 cents to
$49.76 a barrel in electronic trading on the New York Mercantile Exchange. It
added 43 cents to $49.59 overnight. Brent crude, the international standard,
added 19 cents to $52.55 a barrel in London. The Total Investment & Insurance Solutions
CURRENCIES: The dollar was down to 110.38 yen
from 110.69 yen the day before, while the euro fell to $1.1852 from $1.1856The Total Investment & Insurance
Solutions
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