Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: US rate rise speculation lifts sentiment, oil price steady

A rally for global markets is continuing amid hopes that Federal Reserve interest rate hikes may not be as aggressive as earlier feared.

The FTSE 100 index added more than 2.5% on Friday and leading indices on Wall Street finished the week sharply higher.

The price of Brent crude, meanwhile, has held firm as attention turns to the G7 summit and a potential price cap mechanism on Russian oil.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.