FTSE 100 rises as pound hovers near one-year high and traders hope for US rate cut
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#de6ef26b ver:0.47

FTSE 100 rises as pound nears one-year high, UK economic data beats expectations, and traders anticipate US rate cut. Sectors like beverages and utilities see gains, while aerospace and defense stocks fall. Pennon soars 6.6%, Moonpig plummets 5.4%. UK economy grows 1.4% YoY in May. Water bills to rise by £19/year. US inflation cools to 3%. London's FTSE 100 hits one-week high, pharmaceutical and biotech stocks rise. European stocks also positive. Pound hovers near one-year high. US earnings season begins. Online job adverts decrease. Asian stocks mixed. #FTSE100 #UKeconomy #USratecut #inflation #earningsseason...

#newstr #UkShares #SectorPerformance #UsInflationData #China #Ashmore #EuropeanMarkets #UsRateCut 

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