UK’s main stock indexes climbed on Monday as a rebound in Croda International led the chemicals sector higher, while traders awaited a slew of domestic economic data and major central bank decisions this week.
The benchmark FTSE 100 (.FTSE) was up 0.3% as of 0818 GMT after posting a third straight weekly drop on Friday on jitters about sustained policy tightening globally following surprise rate hikes by two major central banks last week.
Investors will assess inflation data out of the U.S. on Tuesday for clues on the Federal Reserve’s monetary policy decision just a day later.
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