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The FTSE 100 rose 1.3% to 7,648.98 points on the back of the U.S. Federal Reserve's pivot toward rate cuts last night, and despite of push-back on following a similar rate cut outlook from the Bank...
After a decade of low rates, people are seeing higher interest rates on savings accounts, money market funds and certificates of deposit.
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The technicals are lining up for another potential leg lower in the dollar
S&P 500, Dow, Nasdaq indices fell before Friday's monthly jobs data. If strong, the Fed may stay aggressive with rate hikes. Treasury yields spiked.