The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that indicates inflation is cooling.
Forecast-beating sales today boosted Burberry turnaround hopes as the luxury goods group moved closer to a FTSE 100 return. The shares have surged since new boss Joshua Schulman pledged in November to focus on outerwear and Burberry’s British roots.
The UK's FTSE 100 rose on Thursday, ending just short of a fresh record high as investors sought clarity on U.S. President Donald Trump's trade policies, while shares in trading companies CMC Markets and IG Group tumbled after results.
The UK's FTSE 100 stalled on Thursday after touching a record high in the prior session as investors sought clarity on U.S. President Donald Trump's trade policies, while shares in CMC Markets tumbled on a disappointing forecast.
The FTSE 100 index of top British firms ended up 0.2% at a fresh closing peak, though off its intraday high. Trading volumes were thin due to a U.S. market holiday. Trump, who has pledged to sign a flurry of executive orders concerning immigration, energy and tariffs on his first day in office, is being sworn in as U.S. president.
An analysis of the Federal Reserve's recent $3.5 billion reduction in its securities portfolio, part of ongoing quantitative tightening efforts.
U.K. stocks are up firmly in positive territory Wednesday morning, outperforming other major markets in Europe, after data showed an
The Federal Reserve announced that it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which incorporated climate risk into financial rules.
The UK's FTSE 100 paused after a record high, as investors sought clarity on U.S. President Trump's trade policies. Stocks dipped, notably CMC Markets with a 14.2% drop on weak forecasts. British inflation data and global economic indicators await attention,
The FTSE 100 rose 1.4% to hit record highs and logged its fourth straight weekly gain. The midcap index rose 0.3% and registered its best weekly performance since October 2023.
Britain's FTSE 100 closed at a near eight-month high on Thursday, as investors cheered upbeat earnings and signs of cooling inflation that could keep major central banks on track for further interest rate cuts.
The UK's FTSE 100 rose marginally as investors awaited clarity on U.S. trade policies. Despite some gains, shares like CMC Markets and IG Group saw declines. Economic data, corporate earnings, and upcoming monetary policy decisions are currently under investor focus.