UK stocks edge higher with Fed minutes in focus

📆 04/01/2023 18:25:00
📰 Reuters

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UK's main stock indexes rose on Wednesday as hopes of a rebound in China's economy brightened the global mood, while investors awaited minutes from the U.S. Federal Reserve's policy meeting to gauge the path forward for interest rates.

rose between 1.1% and 3.1% as investors bet the dismantling of China's zero-COVID policy will boost economic growth.

"It is going to be key in the meeting minutes today to see how the decision of the 50 basis points came," said Daniela Hathorn, senior market analyst at Capital.com.

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