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FTSE 100: Correction Has Ended, but a New Impulse Has Yet to Form
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FTSE 100: Correction Has Ended, but a New Impulse Has Yet to Form
Fundamental backdropThe UK inflation report for April, published on 20 May, delivered unexpectedly positive figures: annual inflation slowed to 2.8% in April 2026 from 3.3% in March, coming in below the consensus forecast of 3.0% and marking the lowest reading since March last year.Nevertheless, the relief is being viewed as temporary. The unresolved conflict involving Iran continues to exert pressure on oil prices, while the Bank of England mai…
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