London open: FTSE tops 7,000 led by StanChart and Unilever Thu, 29th Apr 2021 07:52 (Sharecast News) - London shares are moving higher again after the US central bank signaled overnight that it was simply not yet time to be talking about tapering bond purchases and much less about interest rate hikes. A raft of updates including from StanChart, Unilever and St.James Place were also buoying sentiment. Key to the Federal Reserve's thinking were the still approximately more than 8.0 American left unemployed by the pandemic, although Fed chair Jerome Powell did concede that certain areas of the markets were frothy. "Investors moved back into the global recovery trade overnight as the Federal Reserve stayed "on message" and was suitably dovish at its latest FOMC meeting," said Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA.