Sterling s Strength Seen as Puzzling But Expected to Remain Supported 0936 GMT - Sterling s recent solid performance is puzzling given a grim fundamental outlook of weak U.K. economic growth and higher inflation, Bank of America says. However, U.K..
FTSE 100 Rises After Gains on Wall Street 0825 GMT - The FTSE 100 rises 0.5% to 7666 points after U.S. stocks closed higher overnight. U.S. markets snapped back strongly as the dust settled. | June 16, 2023
The FTSE 100 Index closed Friday up 0.2% to 7642.7 points, achieving its best weekly performance since April, amid positive trading in global markets on hopes of more stimulus from China, and the belief that the current cycle of rate increases is close.