FTSE100 Remains Bouyant At Key Technical Level

The FTSE100 (LSE: UKX) kicked off the week on a positive note after shedding 30 basis points in the prior week. Tuesday’s session was jampacked with U.K. economic data on…

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The FTSE100 Attempts To Avoid Third Straight Week Of Losses

Nudged lower by a twelfth successive rate hike by the Bank of England (BOE), the FTSE100 (LSE: UKX) is trading 2.09% off its second-quarter peak. In line with expectations, the…

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FTSE100 Breaks Five-Week Winning Streak

The FTSE100 (LSE: UKX) closed the prior week in the red after five straight weeks of gains which saw the index add 7.98%. A return to risk-on sentiment was partly…

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FTSE100 Comes To A Standstill As Traders Process Double-Digit Inflation

Traders are presently reassessing their market positioning and sentiment in the FTSE100 (LSE: UKX) after the U.K. reported double-digit inflation of 10.1% against an expected moderation of 9.8%. Despite being…

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FTSE100 Loses Momentum At Key Inflection Point

The FTSE100 (LSE: UKX) closed a fourth consecutive week in the green, gaining a mouth-watering 7.52% over the period as markets returned to a risk-on mood. Key to the FTSE100’s…

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