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FTSE 100 (^FTSE)
| Previous close | 8,354.05 |
| Open | 8,354.05 |
| Volume |
| Day's range | 8,349.83 - 8,396.25 |
| 52-week range | 7,215.80 - 8,396.30 |
| Avg. volume | 1,117,579,745 |
ReutersMorning Bid: Rate cut hopes fan risk rally
Investors are wearing their risk-on hats ahead of the weekend as renewed hopes of monetary easing take hold, a day after the Bank of England opened the door to rate cuts, taking London stocks to record highs and weighing on the sterling. Key economic data, including first quarter GDP figures for the UK, will likely sway the markets on Friday.
- Reuters
MORNING BID EUROPE-Rate cut hopes fan risk rally
Investors are wearing their risk-on hats ahead of the weekend as renewed hopes of monetary easing take hold, a day after the Bank of England opened the door to rate cuts, taking London stocks to record highs and weighing on the sterling. Key economic data, including first quarter GDP figures for the UK, will likely sway the markets on Friday.
- Reuters
GLOBAL MARKETS-Stocks rally as European shares scale new highs, dollar slips
World stocks rallied on Thursday, led by surging European shares and a larger-than-expected rise in U.S. weekly jobless claims that buoyed interest rate cut hopes, while the dollar eased as the market awaits key inflation data next week. Following a sluggish open, the major U.S. indices pulled higher with the Dow industrials rising for a seventh straight session.
