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BOE Unlikely to Push Back Heavily Against Rate Rise Bets, Lifting Pound 1144 GMT - The Bank of England is unlikely to push back strongly against lofty interest rate rise expectations at its June 22 meeting and this should support sterling unless U....
Tesco's Strong 1Q Had Confident Tone 0646 GMT - Tesco's update showed the group has seen a strong start to the year, Citi says in a note after the British grocer reported U.K. like-for-like... | June 16, 2023
Sterling's Strength Seen as Puzzling But Expected to Remain Supported 0936 GMT - Sterling's recent solid performance is puzzling given a grim fundamental outlook of weak U.K. economic growth and higher inflation, Bank of America says. However, U.K....
FTSE 100 Rises After Gains on Wall Street 0825 GMT - The FTSE 100 rises 0.5% to 7666 points after U.S. stocks closed higher overnight. U.S. markets snapped back strongly as the dust settled... | June 16, 2023
The FTSE 100 Index closed Friday up 0.2% to 7642.7 points, achieving its best weekly performance since April, amid positive trading in global markets on hopes of more stimulus from China, and the belief that the current cycle of rate increases is close...