{"id":138669,"title":"FTSE 100 Seen Higher Ahead of UK Inflation Data","publisher":"Share Talk","author":"sharetalk","published":"2026-07-22T06:49:40+00:00","modified":"2026-07-22T06:49:40+00:00","canonical_url":"https://www.share-talk.com/ftse-100-seen-higher-ahead-of-uk-inflation-data/","markdown_url":"https://www.share-talk.com/ftse-100-seen-higher-ahead-of-uk-inflation-data.md","json_url":"https://www.share-talk.com/ftse-100-seen-higher-ahead-of-uk-inflation-data.json","category":"Blogs","categories":["Blogs","Technology","Technology, Media & Telecoms"],"tags":["Asia","Bangkok","Denmark","Endeavour Mining","Fed","Federal Reserve","Finland","FRANCE","FTSE 100","GERMANY","Glencore","Greenland plan","Hong kong","Japan","London","Manila","mining stocks","Mumbai","Nasdaq Composite","NATO alliance","Netherlands","Nikkei 225","Norway","S&P 500","shanghai","Singapore","Sweden","Sydney","Taiwan","UK","United States","Wall Street","Wellington"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/12/bull-4-dec-23.jpg?fit=1200%2C800&quality=89&ssl=1","format":"news","language":"en-GB","content":"London’s blue-chip shares are expected to extend gains on Wednesday as investors digest a softer UK inflation reading.\n\nFTSE 100 futures point to the index opening around 30 points higher, building on Tuesday’s positive close. The FTSE 100 ended the previous session up 61.15 points at 10,585.91.\n\nSterling was searching for direction following the inflation data, as markets assessed what the figures could mean for interest rate expectations and the broader UK economic outlook.\n\nPrime Minister Andy Burnham announced that single bus fares across England will be capped at £2 from January.\n\nOil prices remained elevated as the US continued strikes against Iran, with President Donald Trump warning he was “not finished” with the conflict. Brent crude traded at US$91.88 a barrel early Wednesday, up from US$91.36 late Tuesday.\n\nTrade tensions also remained in focus after a new 25% US tariff on Brazil took effect.\n\nTrump also announced plans to impose steep tariffs on imported generic drugs from August 2028, following a two-year zero-tariff period.\n\nWall Street closed higher on Tuesday, with the Dow Jones up 0.7%, the S&P 500 rising 0.9% and the Nasdaq Composite gaining 1.3%.\n\nInvestors are now looking ahead to half-year earnings from Alphabet and Tesla, which could set the tone for technology stocks.\n\nAsian markets were mixed, with Japan’s Nikkei up 0.1%, China’s Shanghai Composite also 0.1% higher, Hong Kong’s Hang Seng down 1.2% and Australia’s S&P/ASX 200 up 0.2%.\n\nGold rose to US$4,131.80 an ounce from US$4,077.93 on Tuesday."}