FTSE 100 up and US indices set for fresh highs as traders look to inflation data

  • November 11, 2024

The FTSE 100 and European stocks headed higher on Monday as the dust settles on chancellor Rachel Reeves' first UK budget and the US election. Last week, both the Bank of England and Federal Reserve cut interest rates , contributing to the mood music.

Meanwhile, US traders are looking to fresh consumer price data, due out on Wednesday, for a read on the health of the economy.

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