UK Stocks Edge Higher as Inflation Holds Steady; Global Markets Gain
British stocks opened slightly higher on Tuesday after UK inflation data came in steady, easing some concerns about near-term monetary policy shifts. By 07:26 GMT, the FTSE 100 rose 0.05%, while sterling slipped 0.09% against the dollar to 1.36.
Broader European markets were also positive. Germany’s DAX gained 0.5% and France’s CAC 40 rose 0.2%, as investor sentiment improved on expectations of stable inflation and supportive policy environments.
In corporate news, GSK announced a major $30 billion investment in the United States, highlighting deepening transatlantic business ties. At the same time, the UK and US announced stronger cooperation in technology, while U.S. President Donald Trump’s visit to the UK underscored ongoing political and trade discussions.
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