{"id":10655,"date":"2021-06-10T09:27:49","date_gmt":"2021-06-10T09:27:49","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/10\/ftse-100-edges-higher-in-cautious-trade-5\/"},"modified":"2021-06-10T09:27:49","modified_gmt":"2021-06-10T09:27:49","slug":"ftse-100-edges-higher-in-cautious-trade-5","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/10\/ftse-100-edges-higher-in-cautious-trade-5\/","title":{"rendered":"FTSE 100 Edges Higher In Cautious Trade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks bucked a weak regional trend to edge higher on Thursday ahead of upcoming U.S. inflation data and the European Central Bank meeting. <\/p>\n<p>The G7 summit officially gets underway on Friday, with issues such as the <span class=\"landLinks\">coronavirus<\/span> pandemic, climate and trade likely to top the agenda. <\/p>\n<p>The benchmark FTSE 100 rose 18 points, or 0.3 percent, to 7,098 after ending 0.2 percent lower on Wednesday. <\/p>\n<p>Energy stocks fell as oil prices eased on data showing an increase in U.S. gasoline and diesel supplies. BP Plc and Royal Dutch Shell both dropped around half a percent.<\/p>\n<p>BT Group shares jumped 3.2 percent after U.S. firm Altice Group said it had taken a 12.1 percent stake worth about 2.2 billion pounds in the U.K.&#8217;s largest broadband and mobile operator.<\/p>\n<p>Vehicle marketplace Auto Trader surged 6.7 percent. The company gave an upbeat outlook after a tough year. <\/p>\n<p>In economic releases, U.K. house prices continued to increase in May driven by robust demand and shortfall of new instructions, survey results from the Royal Institution of Chartered Surveyors showed.<\/p>\n<p>The house price balance rose to 83 percent in May from 76 percent in April. This was the fourth successive month in which upward pressure on house price seemingly intensified.<\/p>\n<p>A net 45 percent of respondents expect house prices to rise in the near-term, which was virtually unchanged from the net 47 percent in April. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Edges Higher In Cautious Trade<\/a><br \/>\n<br \/>2021-06-10 09:27:49<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks bucked a weak regional trend to edge higher on Thursday ahead of upcoming U.S. inflation data and the European Central Bank meeting. The G7 summit officially gets underway&#8230;<\/p>\n","protected":false},"author":2,"featured_media":10656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-10655","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=10655"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/10656"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=10655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=10655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=10655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}