The FTSE 100 index of the UK stock market moved higher on Tuesday, recovering from previous session's decline, as investors looked ahead to more details about the U.S.-Iran peace agreement, and awaited the Bank of England's monetary policy announcement.
The FTSE 100 was up 62.90 points or 0.6% at 10,493.52 at noon.
Bank stocks moved higher. Barclays, Natwest Group, Standard Chartered, HSBC Holdings and Lloyds Banking Group gained 1%-2%.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.