London's FTSE 100 expected to open lower due to awaited UK employment and inflation data.
London's FTSE 100 is expected to open about 10 points lower as investors await key UK employment and inflation data this week. The job market remains strong, with an anticipated addition of 238,000 jobs. However, wage growth may slow to 3.7% year-on-year in August, potentially indicating controlled inflation. Reports also reveal gambling stocks are declining amid a potential tax increase, while Mulberry's shares rose after its major shareholder opted not to sell.
October 14, 2024
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