FX.co ★ FTSE 100 Holds Steady as Bond Yields Ease

The FTSE 100 remained close to the 9,180 mark on Thursday, after closing with a 0.6% increase in the previous session. This rise was supported by stabilization in global bond markets following recent upheavals. Investors are now focusing on the forthcoming US labor market data from ADP, amid growing expectations that the US Federal Reserve may lower interest rates in the near future. Concurrently, the more domestically oriented FTSE 250 edged up by 0.3%, reaching 21,370. This was propelled by a notable 20% jump in Currys' shares, reaching a four-year peak, following the company's strong trading report and the announcement of a £50 million share buyback. Additionally, Burberry has successfully returned to the FTSE 100, reestablishing its position in London's premier index after a year-long absence.