FTSE 100 rises as pound hovers near one-year high and traders hope for US rate cut
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#de6ef26b ver:0.47
FTSE 100 rises as pound nears one-year high, UK economic data beats expectations, and traders anticipate US rate cut. Sectors like beverages and utilities see gains, while aerospace and defense stocks fall. Pennon soars 6.6%, Moonpig plummets 5.4%. UK economy grows 1.4% YoY in May. Water bills to rise by £19/year. US inflation cools to 3%. London's FTSE 100 hits one-week high, pharmaceutical and biotech stocks rise. European stocks also positive. Pound hovers near one-year high. US earnings season begins. Online job adverts decrease. Asian stocks mixed. #FTSE100 #UKeconomy #USratecut #inflation #earningsseason...
#newstr #UkShares #SectorPerformance #UsInflationData #China #Ashmore #EuropeanMarkets #UsRateCut
https://here.news/story/de6ef26b?ver=0.47
US Stocks Set to Recover After Tech-led Selloff, Nvidia's Market Value Plummets /
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2024-07-12 09:02:48
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npub1mv5q8qhv6he3qz835zvu6n32znavjf9ccp9gyt8jxz5yd4lhu4qs73xglePublished at
2024-07-12 09:02:48Event JSON
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"content": "FTSE 100 rises as pound hovers near one-year high and traders hope for US rate cut\n===============\t\n#de6ef26b ver:0.47\n\nFTSE 100 rises as pound nears one-year high, UK economic data beats expectations, and traders anticipate US rate cut. Sectors like beverages and utilities see gains, while aerospace and defense stocks fall. Pennon soars 6.6%, Moonpig plummets 5.4%. UK economy grows 1.4% YoY in May. Water bills to rise by £19/year. US inflation cools to 3%. London's FTSE 100 hits one-week high, pharmaceutical and biotech stocks rise. European stocks also positive. Pound hovers near one-year high. US earnings season begins. Online job adverts decrease. Asian stocks mixed. #FTSE100 #UKeconomy #USratecut #inflation #earningsseason...\n\n#newstr #UkShares #SectorPerformance #UsInflationData #China #Ashmore #EuropeanMarkets #UsRateCut \n\n https://here.news/story/de6ef26b?ver=0.47",
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