Stock Market Impact: FTSE 100 rose 0.75% on Tuesday, outperforming European indices (DAX -0.28%, CAC -0.38%). Sterling slipped 0.21% to $1.3473 (03:15 ET). Optimism over US‑Iran cease‑fire negotiations lifted sentiment despite a fresh surge in oil prices.
Listed Companies and Sectors: Kingfisher plc reported a 0.7% decline in Q1 underlying sales but maintained full‑year profit guidance, noting resilience in core categories. UK shop price inflation accelerated to 1.2% in May, driven by higher furniture and health‑beauty prices, while food inflation fell to a one‑year low of 2.7%.
Investment Flows: No specific FDI/FPI measures mentioned; however, easing geopolitical tension could improve investor sentiment toward UK equities.
Interest Rates, Inflation, and Liquidity: UK shop price inflation rose to 1.2% in May; food inflation at 2.7% (one‑year low). No direct monetary‑policy actions reported.
Fiscal or Monetary Policy: No fiscal or monetary policy announcements in the article.
