GBP Markets News 

FTSE 100 aims to break losing streak as Tesco, Vodafone bounce higher

“What markets are doing: The FTSE 100 index UKX, +0.21% rose 0.2% to 7,428.96, with telecoms, tech and health care shares among advancers” writes Markets Reporter for marketwatch.com. Booker shares off the FTSE 100 climbed 5.2%.The central bank has said inflationary pressures largely stem from the drop of the pound’s value since last year’s Brexit vote.Analysts polled by FactSet are looking for an annual rise to 3.1%, which is well beyond the Bank of England’s 2% inflation target.
 
Source: marketwatch.com



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