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FTSE 100 Rises On Stimulus Optimism

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

U.K. stocks rose on Tuesday as concerns about volatile retail trading receded and liquidity tension in China's interbank money markets started to fade. Signs of progress in U.S. stimulus also offered some support.

The benchmark FTSE 100 climbed 43 points, or 0.7 percent, to 6,509 after closing 0.9 percent higher the previous day.

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Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

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