{"id":15124,"date":"2021-10-18T09:40:57","date_gmt":"2021-10-18T09:40:57","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/10\/18\/ftse-100-falls-on-rate-hike-worries\/"},"modified":"2021-10-18T09:40:57","modified_gmt":"2021-10-18T09:40:57","slug":"ftse-100-falls-on-rate-hike-worries","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/10\/18\/ftse-100-falls-on-rate-hike-worries\/","title":{"rendered":"FTSE 100 Falls On Rate Hike Worries"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks edged lower on Monday after Bank of England Governor Andrew sent a fresh signal that the central bank is gearing up to raise interest rates for the first time since the onset of the <span class=\"landLinks\">coronavirus<\/span> crisis.<\/p>\n<p>The benchmark FTSE 100 slipped 16 points, or 0.2 percent, to 7,218 after gaining 0.4 percent on Friday.<\/p>\n<p>Antofagasta rose about half a percent and Glencore advanced 1.5 percent as metal prices rallied. <\/p>\n<p>BP Plc and Royal Dutch Shell were moving lower despite crude futures climbing past $85 a barrel.<\/p>\n<p>Gaming company Playtech soared 55 percent after it agreed a 2.1-billion-pound takeover offer by Australia&#8217;s Aristocrat Leisure.<\/p>\n<p>AstraZeneca slid half a percent. The drug maker has recommended shareholders reject a mini-tender offer from TRC Capital Investment Corporation for up to two million American Depositary shares. <\/p>\n<p>National Grid gained about 1 percent. Ahead of the release of its first-half results on 18 November, the utility said had continued to perform in line with expectations. <\/p>\n<p>Retailer Tesco rose 0.6 percent after announcing it has started a program to buy back shares with a value of up to \u00a3500 Mln.<\/p>\n<p>Online retailer The Hut Group jumped 11 percent after confirming plans to overhaul its corporate governance. <\/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 Falls On Rate Hike Worries<\/a><br \/>\n<br \/>2021-10-18 09:40:57<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks edged lower on Monday after Bank of England Governor Andrew sent a fresh signal that the central bank is gearing up to raise interest rates for the first&#8230;<\/p>\n","protected":false},"author":2,"featured_media":15125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-15124","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/15124","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=15124"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/15124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/15125"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=15124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=15124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=15124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}