Live Updates > Live Update Details
2025-12-18 16:40:04
[UK Stocks Open Slightly Higher on Thursday as Market Awaits Bank of England Decision] ⑴ The FTSE 100 index opened slightly higher on Thursday, continuing the modest gains of the previous trading day, as the market awaits the Bank of England's policy decision later in the day. ⑵ The market widely expects the central bank to cut interest rates by 25 basis points to 3.75%, a expectation supported by recent economic data, including an unexpected slowdown in inflation. ⑶ Traders will also scrutinize the upcoming US inflation report for clues about the Federal Reserve's future policy direction. ⑷ Rentokil led the gains, rising nearly 3%, after Bank of America Global Research upgraded its rating from "neutral" to "buy" and raised its target price from 425 pence to 510 pence.
