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Market Report: FTSE set to fall despite better-than-expected retail sales

Summary by allaboutshipping.co.uk

FTSE set to fall at the open UK retail sales boosted by demand for gold US futures stock point down US inflation and consumer sentiment in focus today Brent Crude at close to $74 Derren Nathan, head of equity research Hargreaves Lansdown: “FTSE futures suggest the index is set to open down, and will start Friday a touch below the level at which it entered the week. UK investors should take some comfort from this morning’s retail sales figures wh…

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UK Investor Magazine

FTSE 100 gains in fragile rally as UK retail sales and GDP beat expectations

The FTSE 100 rose on Friday, helped higher by more good news from the UK’s retail sector and confirmation that the UK managed to carve out gains in the final quarter of 2024. The UK’s retail industry is having a good week. Next’s results yesterday showed that retailers can grow sales and increase profits despite […] The post FTSE 100 gains in fragile rally as UK retail sales and GDP beat expectations appeared first on UK Investor Magazine.

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