UK’s FTSE 100 index rose on Tuesday bolstered by commodity-linked stocks, while investors await domestic inflation data and key central bank policy meetings.
The exporter-heavy FTSE 100 (.FTSE) rose 0.3% by 0820 GMT.
Precious metal miners (.FTNMX551030) rose 0.9% , while energy stocks (.FTNMX601010) climbed 1.0%, tracking higher gold and oil prices respectively.
Markets are awaiting monetary policy decisions from the U.S. Federal Reserve and the Bank of England (BoE) this week along with key UK inflation data, as investors bet for an end to their interest rate hiking cycle.
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