London Stocks Rise as US Inflation Undershoots Forecasts, FTSE 100 Expected to Open Lower =============== #9f0b8017 ver:0.82 London stocks rise as US inflation undershoots forecasts, FTSE 100 expected to open lower. FTSE 100 up 0.83%, FTSE 250 up 1.14%. Sterling up 0.79% against the dollar, down 0.18% against the euro. US inflation unchanged in May, UK economy shows no growth in April. Bank of England expected to cut interest rates in August. FTSE 100 expected to open lower today. Renishaw chairman stepping down. Virgin Money reports profits, Wise sees profits triple. Federal Reserve's signaling of one US interest rate cut to weigh on London market. #LondonStocks #FTSE100 #USInflation #UKeconomy #BankofEngland #Renishaw #VirginMoney #Wise #FederalReserve... #newstr #Ftse100 #Renishaw #VirginMoney #Wise #FederalReserve https://here.news/story/9f0b8017?ver=0.82