The UK stock market's benchmark index FTSE 100 recovered after a mild setback Monday morning and was up marginally around noon amid cautious moves by investors ahead of key central banks meetings this week.
Slight optimism about U.S. and Iran holding a fresh round of peace negotiations aided sentiment.
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Market Analysis
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.