(Reuters) -Britain’s FTSE 100 held steady on Thursday, taking a breather from its recent rally as investors processed a wave of corporate earnings while assessing the implications of shifting U.S. trade policies.
The blue-chip FTSE 100 ended flat and the midcap index
Heavy-weight banks dropped 1.6%.
On the flip side, metal mining companies were higher on the day as copper prices hovered below a three-week high and gold prices also gained.
Global stocks wavered this week as U.S. President Donald Trump attacked then backed off from criticizing Federal Reserve Chair Jerome Powell. Treasury Secretary Scott Bessent called U.S.-China tariffs unsustainable but ruled out one-sided reductions.
The conflicting messages have created uncertainty for investors.
Back home, Bank of England Governor Andrew Bailey said on Wednesday the central…
