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European stock markets wavered on Wednesday but London climbed and the pound sank as news of sharply slowing inflation stoked hopes of a Bank of England interest rate cut.
The FTSE 100 Index closed Wednesday up 1% at 7715 points, in line with global peers despite a fall among miners, as signs of easing U.K. inflation increased hopes of interest-rates cut next year,...
LONDON: European stock markets wavered on Wednesday but London climbed and the pound sank as news of sharply slowing...
European and US equities mostly retreated on Wednesday amid profit-taking while oil prices jumped above $80 per barrel as the threat of attacks keep ships out of the Red Sea.
Stock markets retreat while oil prices advance