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International Business Times
International Business Times
Business

FTSE 100 Holds Steady Near 10,260 as Markets Await BoE Decision Amid Oil Surge and Geopolitical Strain

Britain's benchmark FTSE 100 index remained little changed in early trading Monday, March 16, 2026, as investors positioned cautiously ahead of this week's Bank of England policy meeting while digesting the fallout from elevated oil prices and ongoing Middle East tensions.

The FTSE 100 stood around 10,261 shortly after the London open, virtually flat from Friday's close of 10,261.15, which marked a 44-point or 0.43% decline. The index has now declined for three consecutive sessions, though it logged only a modest 0.2% loss for the week ending March 13. Futures had pointed to mild consolidation overnight, reflecting broader global caution.

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