Growth slowed across British business services and consumer spending eased last month, a Bank of England survey showed, offering a more mixed picture of the economy than some of the gloomier indicators since June's Brexit vote.
Britain’s FTSE 100 was down 0.2 percent at 6,836 while France’s CAC 40 dipped 0.3 percent to 4,454. Germany’s DAX fell 0.5 percent to 10,642. Futures augured a lukewarm opening on Wall Streets. Dow futures were flat and S&P futures edged up 0.1 percent.
The greenback slid against all of its major peers, dragging the Bloomberg Dollar Spot Index down for a second day. A gauge of emerging-market currencies climbed to the highest level since July 2015. Metals were also boosted by the dollar’s retreat, with palladium, tin and zinc rising to the highest in a year. Oil fell as U.S. stockpiles expanded and Saudi Arabia was said to have raised July production to a record. U.K. government bonds extended gains after the Bank of England indicated it will stick with its current quantitative-easing plans. European stocks and most Asian shares fell.
Next Trading Day's Important Events
- 00:00 (GMT 3) RBNZ interest rate & press conference
- USDJPY: 101.22
- EURUSD: 1.1175
- S&P 500: 2,180.20
- NASDAQ : 5,218.00