{"id":37003,"date":"2023-08-01T09:26:12","date_gmt":"2023-08-01T09:26:12","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/08\/01\/ftse-100-declines-on-weak-data\/"},"modified":"2023-08-01T09:26:12","modified_gmt":"2023-08-01T09:26:12","slug":"ftse-100-declines-on-weak-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/08\/01\/ftse-100-declines-on-weak-data\/","title":{"rendered":"FTSE 100 Declines On Weak Data"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks edged lower on Tuesday after a survey showed U.K. factory output fell at the fastest pace in seven months in July, hit by higher interest rates. <\/p>\n<p>Separate data from the British Retail Consortium revealed that British retail sales fell in July at the fastest rate since April 2022. <\/p>\n<p>The Bank of England meets on Thursday and economists expect the central bank to raise rates by a quarter-point to 5.25 percent. <\/p>\n<p>The benchmark FTSE 100 was down 14 points, or 0.2 percent, at 7,685 after finishing marginally higher the previous day. <\/p>\n<p>JD Sports Fashion fell 2.8 percent after an investigation by the U.K.&#8217;s Competition and Markets Authority (CMA) confirmed that JD Sports and Leicester City Football Club broke competition law.<\/p>\n<p>Lender HSBC Holdings added 1.5 percent after raising its key performance target.<\/p>\n<p>Energy giant BP Plc rose 1.5 percent after raising dividend. <\/p>\n<p>Silver miner Fresnillo plunged 6.6 percent after retailing its 2023 forecast.<br \/>Pizza group Domino&#8217;s jumped 7.5 percent on share buyback news. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Declines On Weak Data<\/a><br \/>\n<br \/>2023-08-01 09:26:12<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks edged lower on Tuesday after a survey showed U.K. factory output fell at the fastest pace in seven months in July, hit by higher interest rates. Separate data&#8230;<\/p>\n","protected":false},"author":2,"featured_media":37004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-37003","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=37003"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/37003\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/37004"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=37003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=37003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=37003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}