FTSE 100 Set for Strong Gains After Easing Tensions

FTSE 100 Extends Gains as US–Iran Officials Hint at De-escalation

The FTSE 100 has been trying to overcome the same resistance level since the technical outlook of last week. But it is still expected to post gains even while staying under pressure at 10,480. British shares edged higher on Wednesday with fresh signals from Washington and Tehran pointing to possible de-escalation in the Strait of Hormuz. The development eased concerns about disruption to global energy supply. In response, crude oil prices fell b…

FTSE 100 surges higher as US signals end to Middle East offensive

The FTSE 100 surged on Wednesday as traders cheered apparent progress toward ending the Middle East conflict. Global equities reacted positively to a series of comments by US officials that signalled a de-escalation in tensions between the US and Iran. Marco Rubio said that the offensive stage of the conflict was over, while Trump’s comments […] The post FTSE 100 surges higher as US signals end to Middle East offensive appeared first on UK Inves…

FTSE 100 higher on Iran hopes, Next lifts profit guidance, Diageo’s mixed success, Wetherspoon warns, Kingfisher CEO to leave and Novo Nordisk bounces back

FTSE 100 set for strong gains after easing tensions

London stocks are set for a stronger open on Wednesday as easing geopolitical tensions and softer oil prices improve investor sentiment. Futures indicate the FTSE 100 will open around 106Read More...