FTSE 100 Live: Stocks nudge up as markets digest Bessent buyback Markets Welcome back to the City AM liveblog. The FTSE 100 has opened higher after fresh research showed consumer confidence has risen to its highest level in nearly two years. The GfK consumer confidence index – which polls households on the way they view their finances and economic outlook – jumped three points in August to [...]
Live: Gold hits new high amid global uncertainty Markets UK equity markets appear poised for a lower open this morning, following the US markets’ overnight decline. However, the NASDAQ index of tech stocks reached a new all-time high yesterday and so did the price of gold, which continues to head higher on speculation the Federal Reserve will cut interest rates further throughout the rest [...]