World Market News of the 29 March with FXOpen #uk100 #ftse100 #sp500 #dogcoin

Although UK-100 Index Is Near All-time Highs, UK Economy Slips into Recession Technically, a national economic recession is defined as two consecutive quarters of contraction, and yesterday’s Office for National Statistics data confirmed that this has happened — UK GDP fell in the third and fourth quarters of 2023 by 0.1% and 0.3% respectively. However, the price of the UK-100 index (or FTSE-100) is near all-time highs. This is because the Bank of England may ease monetary policy to avoid worsening the recession. And this will be a positive factor for the development of the top 100 companies whose shares are included in the index — this expectation is included in the current quote. Source: FXOpen S&P 500’s Latest Record Closes out Best First Quarter Since 2019 Stocks rallied into the close to end the last trading day of the month, capping a fruitful first quarter of 2024 with a fresh record high for the S&P 500. The S&P 500 (^GSPC) and the blue-chip Dow Jone