Funding & Business
FTSE 100 Live: UK Stocks Set to Rise After Three Days of Declines
Good Morning and welcome to Markets Today.
The FTSE 100 is poised to open a touch higher after falling for a third consecutive day, its longest losing streak in more than two months.
The pound is trading down about 0.1%, just shy of $1.35 against a slightly stronger dollar.
Stay with us for everything you need to know about UK markets.
China’s factory activity remained stuck in contraction in August, as a government crackdown on price wars holds back production offset the boost for manufacturers of the US’ extended trade truce.
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While Chinese stocks traded in Hong Kong climbed for a fourth straight month, derivatives wagers show investors are skeptical about the market.
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Sales of corporate bonds to Japan’s mom and pop investors are booming, on track to surpass last year’s record as bigger returns draw buyers looking to protect their savings from inflation.
Well-known names such as railway operator Keio Corp. and supermarket giant Aeon Co. are among those tapping the retail bond market, with the latter selling its debut retail bond on Friday.
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