The UK stock market's benchmark index FTSE 100 climbed higher on Tuesday, lifted by gains in energy and banking sectors. The mood in the market, however, remains cautious with investors tracking geopolitical news and awaiting monetary policy announcements from top central banks including the Bank of England, European Central Bank, the Federal Reserve and the Bank of Japan.
The FTSE 100 was up 48.23 points or 0.47% at 10,369.32 a little while ago.
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.