Published by
Reuters UK
Reuters UK
(Reuters) - The UK’s FTSE 100 fell on Friday, set to mark losses in the first trading week of 2024, owing to aggressive repricing of early rate-cut bets, while investors looked ahead to U.S. jobs data for clues on the future path of interest rates globally. The blue-chip FTSE 100 was down 0.6% by 0810 GMT, on track to snap a five-week winning streak. The mid-cap FTSE 250 index eased 0.5%. Precious metal miners led the losses among sectors, falling 6.5% to a nearly two-month low on broad selloff. The index is set to log its worst day in 20 months, if losses hold. Money markets are now pricing i…
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