FTSE 100 Index Outlook: Is 7,700 Possible Before EOY?
The FTSE 100 index is struggling to catch up to the global stock rally. However, the benchmark index of UK equities remains 6.5% below its yearly high of 8,047, which is also an all-time high. Recently, the index has broken above a diagonal resistance, which has the potential to transform into a bigger rally. The CPI figures of October 2023 indicated a significant cooldown in UK inflation as the YoY inflation fell to 4.6% against the forecast of 4.8%. This […]
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