The FTSE 100 index followed two successive falls of 1% by dropping 0.4% or 26.74 points to 7472.79, leaving London’s top flight 2% lower in a week dominated by fears the Israel-Hamas conflict may spread in the Middle East.
The potential for supply disruption in the region today caused Brent Crude to add another dollar at $93.44 a barrel, while safe haven gold edged nearer to $2000 an ounce.
The jittery mood wasn’t helped by Federal Reserve chair Jerome Powell suggesting there is room for monetary policy to be tightened further, a comment that caused the US 10 year bond yield to touch 5% for the first time since 2007.
Diese Geschichte stammt aus der October 20, 2023-Ausgabe von Evening Standard.
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Diese Geschichte stammt aus der October 20, 2023-Ausgabe von Evening Standard.
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