Energy Backs News Today

Cause prices to go up even higher. Weve already seen what happens. We should be able to figure out what happens if you do more of it without a plan. You know, what the administration wants to do here, it doesnt have to be painful. Transitioning from fossil fuels over a period of time doesnt have to be a painful thing. You just have to have a replacement in mind. You have to understand the economic consequences and understand if your time frame is right there are no economic consequences. Fossil ...

FTSE 100 Rises on Hopes of Chinese Economic Stimulus 0931 GMT - The FTSE 100 rises 0.8% to 7588 points, supported by China-linked companies as investors hope that the Chinese government will...

Pound Expected to Stay Firm Versus Euro on BOE Rate Expectations 1102 GMT - The pound should remain firm against the euro in the coming weeks due to high U.K. inflation and expectations that...

The FTSE 100 closed up 0.795% on Wednesday, as European markets bounced back following a climdown by the Italian government on the subject of windfall taxes, IG Group says. On Tuesday, Rome put the...

FTSE 100 Seen Opening Higher as US Inflation Data Eyed 0635 GMT - The FTSE 100 is expected to open higher after falling in the previous session as the focus turns to U.S. inflation data for clues on the Federal Reserve's interest-rate path. IG futu... | 02:55am

UK January 2033 Gilt Trades Cheap Ahead of Auction 0833 GMT - The U.K. 3.25% January 2033 gilt trades at historically cheap levels on the asset swap curve and is expected to outperform on this structure, say RBC Capital Markets analysts in a note. ... | 06:09am

Sterling Could Rise if BOE Signals Further Rate Increases 0701 GMT - Sterling could rise as the Bank of England is likely to raise interest rates by 25 basis points to 4.5% as expected on Thursday and potentially signal further rate increases, Ebur... | 03:24am

FTSE 100 Falls Ahead of US Inflation Data 0816 GMT - The FTSE 100 falls 0.2% to 7747 points as investors turn cautious ahead of U.S. inflation data and amid worries over the U.S. debt ceiling. The inflation data at 1230 GMT are a "big piece of the ... | 04:48am

The FTSE 100 index closed Wednesday down 0.3% to 7741, in line with European peers, mainly dragged by consumer-goods stocks as investors fear that the Bank of England and the European Central Bank still have further room for interest hikes, IG Group ch... | 12:02pm

BOEs Policy Guidance Seen as Key For Sterling 1003 GMT - The Bank of England may deliver a widely-expected interest-rate rise of 25 basis points to 4.5% on Thursday but its guidance about...