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FTSE 100 Live: Stocks expected to edge lower ahead of rate calls

Published 18/09/2023, 07:07
FTSE 100 Live: Stocks expected to edge lower ahead of rate calls
UK100
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Proactive Investors - Good morning and blue-chips are expected to make a subdued start after last week’s strong gains.

Spread betting companies are calling the FTSE 100 down by around 9 points after closing up 38.30 points at 7,711.38 on Friday.

Central banks take centre stage this week with interest rate decisions from the US Federal Reserve on Wednesday, the Bank of England on Thursday, with the Bank of Japan to follow on Friday.

Figures from Rightmove showed the average new seller asking price fell 0.4% in September, the biggest drop since March 2019.

Meanwhile, the early focus will be results from Phoenix Group Holdings.

Read more on Proactive Investors UK

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