FTSE 100 Little Changed Ahead Of Fed, BoE Meetings
(RTTNews) - U.K. stocks were little changed on Tuesday, as investors remained focused on a round of interest-rate decisions by central banks such as the Fed and the BoE this week.
Earlier today, Sweden's central bank raised interest rates by a full percentage point to 1.75 percent in a surprisingly large move.
The benchmark FTSE 100 was marginally higher at 7,241 after losing 0.6 percent on Monday.
Ferrexpo, an iron ore pellet producer, slumped 6.3 percent after an adverse court ruling in relation to its purchase of a 40.19 percent stake in Ferrexpo Poltava Mining.
CRH, a global business in building materials solutions, fell about 1 percent after it entered into arrangements with UBS A.G., London Branch to repurchase shares on its behalf for consideration up to $300 million.
Home improvement retailer Kingfisher tumbled 3.5 percent after its first-half profit declined 30 percent.
European Shares Rise As Bond Yields Ease
Asian Shares Muted Ahead Of US CPI Data
Pound Slides Against Majors
Yen Rises As BoJ Governor Ueda Signals Rate Hike
European Economic News Preview: UK Inflation Data Due
Yen Rises Against Majors
European Shares Seen Modestly Higher At Open; US CPI Data Eyed
