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Tag Archives: FTSE100

FTSE 100 Hits New Record as Bank of England Signals Potential Rate Cut 

On the 9th of May, the Bank of England held the main bank rate steady at 5.25%, which hasn’t been this high since 2008 and was anticipated. Yet, two of the committee’s members were in favor of a 0.25 percentage point cut, an increase from the solitary member at the last meeting.   Additionally, while they […]

FTSE 100 Reaches Record Peak, Market Eyeing BoE’s Rate Decision 

The FTSE 100 had a strong performance on the trading day after the Early May Bank Holiday. It reached an intraday record peak of 8,335.68, representing a 1.49% climb. By the end of the session, the index closed at 8,313.67, marking a 1.22% gain for the day. The rise mirrored the previous two sessions’ increases […]

Mounting Expectations for British Rate Cut Sparks Market Volatility 

The FTSE 100 index extended its early gains, closing 1.62% higher at 8,024 on Monday, marking a record-high close. It outperformed other European stock markets amid hopes of eased financial conditions and lower concerns about geopolitical risks. Bank of England Monetary Policy Committee (MPC) member Ramsden downplayed the risks of higher inflation in the UK […]

UK Economy: Glimpses of Optimism Piercing the Murky Outlook 

The FTSE 100 saw a growth of 0.3%, climaxing at a new ten-month record of 7,772 on Wednesday, which makes it the third winning session. Encouraging economic indicators stimulated the market, generating hope that the UK is bouncing back from its economic downturn.  In January 2024, the UK economy showed a moderate increase of 0.2% […]

Steepest FTSE Decline Due to Bleak UK Retail Sales

Bleak Retail Sales Figures Drive Sharpest FTSE Decline in Three Months In the final month of 2023, the United Kingdom witnessed a significant downturn in retail sales, with a staggering 3.2% drop compared to November. This unexpected decline, far exceeding the anticipated 0.5% decrease, marked the most substantial monthly fall since the beginning of the […]

UK Stocks Regain Ground as NEXT Reaches All-Time High

UK Stocks Rebound as NEXT Plc Achieves All-Time High On January 4th, the FTSE 100 made a strong comeback, rebounding by 0.5% to surpass 7720 after facing two consecutive sessions of losses. (FTSE100,1-Year Chart)  Notably, energy shares, including BP, increased by 0.5% after terminating their agreement with Equinor for supplying power to New York state […]