London stocks gain ahead of central bank rate decisions

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.

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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