$ETH FTSE 100 touches 3-month high as bank stocks rise ahead of Bank of England decision
© Reuters
Investing.com - London stocks rose to their highest levels in nearly three months on Thursday, buoyed by a rally in major bank stocks ahead of the Bank of England’s expected decision to raise interest rates, as well as a 5% jump in drinks giant Diageo after it reported better-than-expected revenue.
The blue-chip FTSE 100 index hit its highest level since 07/08, accelerating its gains after modest advances in the previous session, amid a broad wave of relief across European markets.
Trading desks drew confidence from a rare combination of resilient earnings at domestic companies, a sharp decline in global energy input costs, and favorable margin dynamics for the financial sector, which carries a significant weight in the index.
$BTC
#BinanceReopensWithdrawalsForMoreAssets #BTCRebounds80K #ADPUSPrivateEmployersAdd86000JobsInOctober #US10YearTreasuryYieldFallsTo4.845% $CL
© Reuters
Investing.com - London stocks rose to their highest levels in nearly three months on Thursday, buoyed by a rally in major bank stocks ahead of the Bank of England’s expected decision to raise interest rates, as well as a 5% jump in drinks giant Diageo after it reported better-than-expected revenue.
The blue-chip FTSE 100 index hit its highest level since 07/08, accelerating its gains after modest advances in the previous session, amid a broad wave of relief across European markets.
Trading desks drew confidence from a rare combination of resilient earnings at domestic companies, a sharp decline in global energy input costs, and favorable margin dynamics for the financial sector, which carries a significant weight in the index.
$BTC
#BinanceReopensWithdrawalsForMoreAssets #BTCRebounds80K #ADPUSPrivateEmployersAdd86000JobsInOctober #US10YearTreasuryYieldFallsTo4.845% $CL
