FTSE 100 Closed Slightly Down as -2- - News Summed Up

FTSE 100 Closed Slightly Down as -2-


"It sends a strong dovish signal that lower rates will be needed once upside inflation risks have passed in the near-term." MUFG expects GBP/USD to fall to 1.1790 by the end of the third quarter. Besides higher revenue, the retail-investment platform also expects lower costs backed on technology investments, Williams says. The London-based advertising group's shares look to have suffered disproportionately from worries over advertising spending, he says. (kyle.morris@dowjones.com)Contact: London NewsPlus, Dow Jones Newswires;(END) Dow Jones NewswiresAugust 05, 2022 12:38 ET (16:38 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.


Source: Wall Street Journal August 05, 2022 16:59 UTC



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