The return of Donald Trump to the White House from hospital may have given US stocks a boost overnight but the FTSE 100 started Tuesday with modest losses, down 0.4% to 5,917.75,” says AJ Bell investment director Russ Mould.
“Despite the seemingly improved prognosis for Trump, the US is likely to remain a source of considerable uncertainty until election day on 3 November. Gold prices have regained the $1,900 per ounce mantle, indicating the nervousness which still pervades the markets.
“Central bankers will take centre stage later at an event today with investors looking for clues on monetary policy in speeches from the likes of ECB chief Christine Lagarde and her counterpart at the US Federal Reserve, Jerome Powell.
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