London stocks are expected to open little changed on Friday, with traders eyeing key UK retail sales figures and flash PMI data from major economies later in the day.
London stocks are expected to open little changed on Friday, with traders eyeing key UK retail sales figures and flash PMI data from major economies later in the day.
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FTSE 100 Slips as Gold Retreats From Record Highs; Global Markets Mixed
Asian Markets Rise as Wall Street Sets New Records and Oil Prices Ease
Britain’s FTSE 100 closed at a record high on Wednesday, lifted by strong gains in financial and mining stocks as gold prices surged to new peaks.
The price of gold has surged past $4,000 an ounce for the first time, extending a powerful rally driven by political uncertainty in Japan, France, and the United States, where
Asian markets traded mostly lower on Tuesday after Wall Street snapped its eight-day winning streak, with sentiment cooling as gold prices broke above $4,000 per ounce for the first time.
Political turmoil in France and Japan continued to dominate global markets for a second straight day, unsettling currency and bond investors even as optimism around technology stocks persisted.