The FTSE 100 (^FTSE) and European stocks opened higher on Wednesday ahead of US consumer price index (CPI) inflation data.
The Pound Sterling (GBP) clings to gains near 1.2450 against the US Dollar (USD) in Wednesday’s European session. The GBP/USD ...
Bond yields rose as investors waited to see if U.S. inflation data would dovetail with the prevailing narrative of no interest rate cuts by the Fed in coming months.