FTSE 100 and European markets awaits BoE and Fed’s interest rate verdict

<img width="250" height="167" src="https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-FTSE-100-awaits-advice-from-BoE-and-Fed-5692390009-iStock-1421201211-250×167.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-FTSE-100-awaits-advice-from-BoE-and-Fed-5692390009-iStock-1421201211-250×167.jpg 250w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-FTSE-100-awaits-advice-from-BoE-and-Fed-5692390009-iStock-1421201211-700×467.jpg 700w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-FTSE-100-awaits-advice-from-BoE-and-Fed-5692390009-iStock-1421201211-768×512.jpg 768w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-FTSE-100-awaits-advice-from-BoE-and-Fed-5692390009-iStock-1421201211-120×80.jpg 120w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-FTSE-100-awaits-advice-from-BoE-and-Fed-5692390009-iStock-1421201211-245×163.jpg 245w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-FTSE-100-awaits-advice-from-BoE-and-Fed-5692390009-iStock-1421201211-500×333.jpg 500w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-FTSE-100-awaits-advice-from-BoE-and-Fed-5692390009-iStock-1421201211.jpg 1254w" sizes="(max-width: 250px) 100vw, 250px" /><p>On the currency front, the pound continued to trade at around $1.27 on Friday morning. Meanwhile, the FTSE held a steady position, the DAX in Frankfurt exhibited a 0.5% increase, and the CAC in Paris rose by 0.3%.</p>
<p>Additionally, the flash UK PMI Composite Output Index for the private sector reached a six-month high at 51.7, indicating substantial positive growth. The services sector also exhibited positive signs, with a Business Activity Index of 52.7. However, the manufacturing sector showed a slight dip against its increase earlier this week, with a Manufacturing PMI of 46.4.</p>
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<p>In global markets, Asia presented a mixed picture on Friday, with gains in Japan’s main index and a rally in Hong Kong. Positive sentiments prevailed in the US as well, with major indices closing higher following surprising gains in retail sales and a dip in the 10-year Treasury below 4%, instilling confidence among investors for the year ahead.</p>
<p>The post <a rel="nofollow" href="https://www.leaprate.com/forex/market-news/ftse-100-and-european-markets-awaits-boe-and-feds-interest-rate-verdict/">FTSE 100 and European markets awaits BoE and Fed’s interest rate verdict</a> appeared first on <a rel="nofollow" href="https://www.leaprate.com">LeapRate</a>.</p>