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FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply

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

U.K. stocks are turning in a mixed performance in cautious trade on Friday, amid a lack of fresh triggers. Investors are awaiting Fed Chair Jerome Powell's speech later in the day at the Jackson Hole Symposium, for clues about U.S. central bank's interest rate move next month. The benchmark FTSE 100 was last seen at 9,302.16, down 7.04 points or 0.08% from previous closing level.Standard Chartered...

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Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

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