FX.co ★ FTSE 100 Falls for 3rd Session

On Tuesday, the FTSE 100 experienced a decline for the third consecutive session as investors considered recent corporate updates and UK employment figures. EasyJet's shares fell by over 2.5% following a caution from JPMorgan regarding capacity expansion and softer pricing affecting the leisure and beach travel sectors. Haleon witnessed a decline of approximately 1.5% due to a downgrade, while Rolls-Royce experienced a slight 0.5% dip, despite its Power Systems division securing a landmark battery order from Lithuania's Ignitis. Unilever saw a drop of nearly 1% after announcing Srinivas Phatak as its permanent Chief Financial Officer. On a brighter note, Anglo American's shares gained after it reached an agreement with Chile's Codelco to jointly advance adjacent copper mining projects. Economically, wage growth stood at 4.8% excluding bonuses and 4.7% including them, both aligning with projections. The unemployment rate remained steady at 4.7%, with payroll figures falling by 8,000, which was a smaller-than-anticipated reduction.