FTSE 100 opens higher today; interest rate decision on the horizon
Source Investing
Investing.com – Today's main economic event in the United Kingdom is the interest rate decision from the Bank of England. The expectation is that the BoE keeps the rates unchanged. The second most important event is the inflation letter.
U.K. equities started with gains on Thursday, with rises in Personal Goods, Industrial Metals & Mining, Industrial Transportation and Automobiles & Parts sectors.
At the market open in London, the FTSE 100 Index fell 0.06%. The FTSE 250 Index and the FTSE 350 Index also rose. The FTSE 250 increased 0.12%, while the FTSE 350 was up by 0.12%.
Top Gainers:
- Anglo American (LON:AAL): Climbed 3.70% or 78.5 points to 2,202.0.
- Burberry Group (LON:BRBY): Rose 2.66% or 16.2 points to 624.4.
- Glencore (LON:GLEN): Increased 3.20% or 12.15 points to 392.00.
Top Losers:
- Unite (LON:UTG): Declined 0.67% or 6.50 points to 961.50.
- Vodafone Group PLC (LON:VOD): Fell 0.74% or 0.580 points to 77.500.
- National Grid (LON:NG): Dropped 0.84% or 8.79 points to 1,041.71.
In Commodities Trading:
- Gold Futures for December delivery rose 4.45 points to 2,603.05 a troy ounce.
- Crude Oil for November delivery climbed 0.57 points to 70.45 a barrel.
- November Brent Oil Contract increased 0.87% or 0.64 points to 74.29 a barrel.
Currency Markets:
- GBP/USD stable 1.32.
- EUR/GBP is at 0.84.
- The US Dollar Index Futures was up 0.16% at 100.447.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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FTSE 100 opens higher today; interest rate decision on the horizonInvesting.com – Today's main economic event in the United Kingdom is the interest rate decision from the Bank of England. The expectation is that the BoE keeps the rates unchanged. The second most important event is the inflation letter.
Investing.com – Today's main economic event in the United Kingdom is the interest rate decision from the Bank of England. The expectation is that the BoE keeps the rates unchanged. The second most important event is the inflation letter.
Further Pound Sterling (GBP) GBP strength is not ruled out, but any advance is expected to face significant resistance at 1.3300, UOB Group Quek Ser Leang and Victor Yong note.
