{"id":14201,"date":"2021-09-22T13:21:23","date_gmt":"2021-09-22T13:21:23","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/09\/22\/ftse-100-pauses-on-fed-fretting\/"},"modified":"2021-09-22T13:21:23","modified_gmt":"2021-09-22T13:21:23","slug":"ftse-100-pauses-on-fed-fretting","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/09\/22\/ftse-100-pauses-on-fed-fretting\/","title":{"rendered":"FTSE 100 Pauses On Fed Fretting"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> FTSE 100 excelled most of its European peers in strong showing at the bourses as <span class=\"landLinks\">markets<\/span> worldwide debate on when and how the Fed will usher in a tapering regime for its monetary stimulus programs. Market sentiment soared as news emerged of Ladbrokes-owner Entain plc receiving a fresh takeover offer from US based sports betting company Draftkings. Evergrande relief too added to the positive sentiment. <\/p>\n<p>The FTSE 100 is currently trading at 7079.74, up 1.42 percent or 98.76 points from previous close. At this level, the benchmark is 1.94 percent below the 52-week high of 7220.14.<\/p>\n<p>The day&#8217;s trading has been in the range of 6980.98 and 7079.75.<\/p>\n<p>Only 12 scrips in the 101-scrip index are still trading lower than Tuesday&#8217;s levels.<\/p>\n<p>Entain is FTSE 100&#8217;s best performer in the day with a gain of 7.17 percent after it received an offer at 46 percent premium to its closing price on Monday. <\/p>\n<p>Mining stock Antofagasta surged more than 5 percent as Evergrande default tensions eased, restoring expectations of continuing iron ore, coal and copper demand from China. <\/p>\n<p>Standard Chartered, HSBC Holdings, Anglo American, Glencore, and Flutter Entertainment have rallied more than 4 percent. <\/p>\n<p>Severn Trent declined most with a 2 percent slide. Kingfisher extended losses in Wednesday&#8217;s trading as well declining around 1.9 percent. United Utilities Group, Hikma Pharmaceuticals, National Grid and Auto Trader Group are also notably lower.<\/p>\n<p>Lloyds Banking group is the most active scrip with a turnover of 45 million.<\/p>\n<p>The GBPUSD pair has dipped to 1.3633 from 1.3659 at close on Tuesday as the greenback remains resilient in the run-up to Fed&#8217;s announcements on tapering of monetary stimulus.<\/p>\n<p>Yields on U.K.&#8217;s ten-year bonds have edged down to 0.7985 percent from Tuesday&#8217;s close of 0.8080 percent reflective of lingering interest rate tightening anxieties ahead of Fed&#8217;s interest rate decision later in the day and Bank of England&#8217;s monetary policy review on Thursday. <\/p>\n<\/p>\n<\/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 Pauses On Fed Fretting<\/a><br \/>\n<br \/>2021-09-22 13:21:23<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FTSE 100 excelled most of its European peers in strong showing at the bourses as markets worldwide debate on when and how the Fed will usher in a tapering regime&#8230;<\/p>\n","protected":false},"author":2,"featured_media":14202,"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-14201","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14201","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=14201"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14201\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/14202"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=14201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=14201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=14201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}