FTSE 100 Today: UK Stock Market Falls as $100 Oil Shifts Bank of England Outlook
The FTSE 100 fell 0.47% to 10,305.15 on Thursday, about 5% below its February record, as oil rebounded to $100 a barrel after tanker attacks in Iraq. Money markets now price a 54% chance of a UK rate hike by December. HSBC dropped over 5% after closing Qatar branches. New UK homebuyer enquiries fell sharply in February, according to RICS.