FTSE 100 Steady as Markets Await US Jobs Data
2026-09-04 07:34
By
Joana Ferreira
1 min. read
London’s FTSE 100 was little changed at around 10,830 points on Friday as investors adopted a cautious stance ahead of closely watched US jobs data.
Bonds, meanwhile, found some relief after Federal Reserve Governor Christopher Waller eased expectations of a near-term rate hike, sending the dollar lower.
In the UK, Bank of England Chief Economist Huw Pill argued that raising interest rates now could reduce the risk of the central bank having to tighten policy more aggressively later to contain inflation, which has risen amid the fallout from the Iran war.
Mining stocks were among the weakest performers, with Anglo American, Rio Tinto, Glencore and Antofagasta each falling between 0.6% and 1%.
Among individual movers, Barclays edged lower after announcing plans to more than double its banker headcount in its Singapore private-banking operation by 2030.