EditorialFootage by NurPhoto
Clip ID
EF-193227
Date
01 May 2024
Duration
00:40
Resolution
1920 × 1080
LONDON, UNITED KINGDOM

British FTSE 100 Open Higher on Positive Data, Markets Await Fed Rate Decision

The British FTSE 100 index opened higher on Wednesday, bolstered by recent data indicating a 0.6% rise in UK house prices for April. Additionally, new figures are anticipated from the manufacturing sector. Meanwhile, London-based GSK reported a 6% year-over-year increase in its first-quarter revenue, reaching £7.36 billion. Market focus is largely centered on today’s expected Federal Reserve decision on interest rates, which are projected to remain unchanged.

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