The FTSE 100 closed down 0.1% on Tuesday, dragged by weaker U.S. markets. Meanwhile, Bank of England governor Andrew Bailey confirmed U.K. interest rates could be cut before inflation hits the 2%.
MARKET WRAPS Stocks: European stocks were mostly lower on Thursday as optimism over rate cuts from the Federal Reserve was dampened by comments from Jerome Powell. Powell said he didn t. -February 01, 2024 at 06:10 am EST
- MarketScreener
The FTSE 100 Index closed Wednesday up 1% at 7715 points, in line with global peers despite a fall among miners, as signs of easing U.K. inflation increased hopes of interest-rates cut next year,.
FTSE 100 Closes Up 1% Amid Increasing Hopes of Rates Cut morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
London Stocks Seen Opening Lower 0650 GMT - The FTSE 100 index is expected to open around 41.5 points lower, according to IG, having closed on Friday at 7434.57, tracking falls in Asian stocks.