FTSE 100 (^FTSE)
- Yahoo Finance UK
FTSE 100 LIVE: European stocks rise as traders digest US tech earnings and Bank of Japan decision
The Bank of Japan (BoJ) kept its monetary policy unchanged at the conclusion of its two-day meeting.
- PA Media: Money
Anglo American rebuffs BHP’s £31bn takeover hopes
London-listed Anglo revealed on Thursday that it had been approached by its Australian rival.
- Reuters
GLOBAL MARKETS-Tepid US data hits stocks, lifts Treasury yields to over 5-month high
Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech sector, and Japan's yen sank through 155 per dollar for the first time since 1990. U.S. Treasury yields hit their highest in over five months after the data showed signs of persistent inflation, lowering hopes that the Federal Reserve will cut interest rates anytime soon. U.S. Treasury Secretary Janet Yellen told Reuters that U.S. economic growth was likely stronger than suggested by weaker-than-expected data on first-quarter output and said the Biden administration was keeping all options open to respond to threats from China's excess industrial capacity.
