London stocks edge up ahead of US inflation data

London stocks inched up on Monday’s close amid the upcoming release of February inflation data in the US and its potential implication for monetary policy in the world’s largest economy.

The UK’s FTSE 100 index closed 0.12% in the green on Monday.

The US Bureau of Labor Statistics is scheduled to release Tuesday the annual inflation rate for February. The headline inflation rate is widely expected to be unchanged at 3.1%, while the consensus for core inflation is a decline to 3.7% from 3.9% in January.

Fidelity Special Values PLC (LON:FSV) aims to seek out underappreciated companies primarily listed in the UK and is an actively managed contrarian Investment Trust that thrives on volatility and uncertainty.

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