Markets have shaken off their jitters thanks to a week without major economic shocks, with US and China inflation figures and guidance from the Federal Reserve about the potential November start for tapering containing few surprises.
The FTSE 100 index rose 53.89 points to 7195.73, driven by miners as a weaker US dollar and economic resilience pushed up metal prices. Gains for copper and iron ore over the past week now stand at 7%, while Brent crude added 1% overnight at above $84 a barrel.
This story is from the October 14, 2021 edition of Evening Standard.
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This story is from the October 14, 2021 edition of Evening Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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