The European blue chips ended solidly higher on Friday, shaking the solid data from the United States that may have consolidated another retention of the Federal Reserve next month, with the moral of elevation of the optimism of the rate.
The FTSE 100 index closed 63.31 points, 0.7%, at 8,798.91. The FTSE 250 rose 241.30 points, 1.1%, to 21,715.96, and the AIM All-Share added 2.29 points, 0.3%, to 769.33.
For the week, FTSE 100 added 0.3%, FTSE 250 increased 2.7%and AIM All-Share won 1.3%.
In the course of the entire first half of the year, FTSE 100 has risen 7.7%.
In European shares on Friday, CAC 40 in Paris increased 1.8%, while Dax 40 in Frankfurt increased 1.6%.
The pound was cited lower in $ 1,3713 at the time of the closing of London Equities, compared to $ 1,3733 on Thursday. The euro stood at $ 1,1717, higher compared to $ 1,1698. Against Yen, the dollar was quoted higher than 144.75 yen compared to 144.48 yen.
The 10 -year Treasury performance. UU. It was summoned by 4.27%, reducing 4.28%. The treasure yield of 30 years from the USA was summoned to 4.82%, reducing 4.84%.
In New York, the Dow Jones industrial average rose 1.0%, while the S&P 500 compound and Nasdaq each added 0.6%.
“This week's stock markets have been in a frenzy, with Nasdaq leading the US rates to New All-Times on Wednesday and the S&P 500 joins its colleague focused on technology,” said Oanda Elior Manier analyst.
“The markets are waiting and receiving some good news about the United States trade agreements: the last is the White House that announces that on July 9 at the end it is not too important, and Trump mentions the completion of an agreement with China, however, the details are still missing.”
The analyst added: “Even the publication of PCE data has not caused great volatility. The impulse of purchase after the decalciation and the high fire in the Middle East has really been amazing. [S&P 500] back from 4,800 to 6,160 current levels “.
The key inflationary meter of the United States Federal Reserve, the basic personal consumer expenses index, was higher than expected in May, showed the data published by the Office of Economic Analysis on Friday.
The annual central PCE inflation was 2.7% in May, accelerating a notch of 2.6% in April, the latter checked up of 2.5%. The market consensus for May had been 2.6%, according to FXSTERET.
With the increase in PCE Core inflation, it is unlikely that the Federal Reserve will reduce US interest rates before September, to the disgust of President Donald Trump, who is pressing for immediate tariff cuts.
The White House said Thursday that no decision is imminent by appointing a successor to the president of the Federal Reserve, Jerome Powell, after a report suggested that the president could do it this summer.
“There are no imminent decisions, although the president has the right to change his mind,” said a White House official to the AFP.
“The president has many good options to nominate as the next president of the Federal Reserve,” added the official.
Mr. Powell's mandate as head of the Independent Central Bank ends in May 2026, and the choice of a successor for this summer or autumn would be before usual.
But a report by the Wall Street Journal on Wednesday night said that President Trump has considered selecting and presenting Powell's replacement in September or October.
Among the actions that shone through the Atlantic, Nike jumped 15%. The sportswear firm reported a drop in annual profits in the midst of softest income and warned about an increase in cost of one billion dollars in financial 2026 due to new rates, which its objective is to mitigate through specific actions throughout the business.
AJ Bell analyst Russ Mold commented: “The footwear manufacturer has brought back Elliott Hill as CEO to boost a change and investors removed each word on plans so that the business returns to normal with new sport -centered products lines.”
JD Sports increased 7.6%, Athleisure retailer leading the way in FTSE 100 in a positive reading.
“A healthier Nike game that is updated with product innovation could stimulate a new demand for their products and in theory JD sports would benefit, since it is a key retailer of Nike Shoes,” Mold added.
Also in London there were actions with exposure to China. Among them, the Luxury Fashion firm Burberry added 7.1%.
XTB analyst Kathleen Brooks commented: “The key issue for markets in the next week and a half will be the United States commercial agreements, since July 9 is the deadline for the postponement of reciprocal fees. There has been good news on this front. Both China and the United States have confirmed that they have agreed a commercial framework.”
Brent Oil was cited lower than $ 66.83 per barrel on Friday afternoon in London from $ 67.83 on Thursday night. The gold obtained $ 3,273.76 per ounce, lower against $ 3,322.21.
The weakest gold prices hurt precious metal miners. Hochschild Mining returned 2.6%.
In other places, the next 15 added 15%, recovering part of their 28% drop from Thursday. He confirmed that it is in early conversations to get rid of some of his brands, one day after a new executive director announced and warned with profits.
The London -based business consultant said he is actively considering options to accelerate the creation of value in his business units and improve the delivery of his commercial and strategic objectives.
“The main approach of the Board is to maximize the value of the shareholders. At this time, there can be no certainty that any agreement will be reached, or in terms of the terms of said agreement, even if sufficient value is not made. More updates will be provided as appropriate,” said the following 15.
The largest elevators in the FTSE 100 were JD Sports, an increase of 6.18PA 87.88P, Ashtead Group, an increase of 249.00PA 4,732.00p, Melrose Industries, an increase of 18.60PA 536.00p, standard, underground 33.00PA 1.219.00PE IMI, UP 50.00PA 2,116.00P.
The greatest ftse 100 faults were effort mining, 96.00Pa 2,176.00p, Fresnillo, 63.00Pa 1,433.00p, Babcock, 20.00PA 1,137.00p, Bae Systems, lowered 25.50Pa 1,862.00py Coca-Cola Europacific Partners, below 70.00p.
The economic calendar on Monday has data from the United Kingdom at 7 am and a German inflation reading at 1 PM the week accelerates with the price of the Eurozone consumer price and a large number of PMI readings on Tuesday. The non -agricultural payrolls of the United States will be the main event on Thursday, before the markets in New York close for Independence Day on Friday.
In the United Kingdom Corporate Front, the Sainsbury Edible Store issues a commercial statement on Tuesday.
Contributed by Alliance News.
