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Romain Fournier

Chief Editor
Having worked in the British, French and Swiss financial press, Romain is able to report on local and international issues, as comfortable in French as in the language of Shakespeare, Romain Fournier leads the editorial team at Marketscreener. Fine connoisseur of the English-speaking markets, Romain delivers an editorial every day on US and UK markets.

The latest from London: A decisive week for monetary policy

09/20/2021 | 04:56am EDT

Last week ended with a volatile session, with the FTSE100 rising 0.8% before closing down by 0.9%. For the week, the blue-chip index fell 0.93%, hampered by commodity stocks

The week also isn’t off to the best start – The FTSE was down 1.5% this morning – due to ongoing concerns about rising inflation. On Thursday, the Bank of England will unveil its rate decision, while a Federal Reserve policy decision is expected on Wednesday.

Adding to investor’s nervousness, some reports indicate that Chinese authorities could tighten regulation on real-estate firms, following the troubles experienced by Evergrande.

Among stocks, Prudential decreased 4.6% after it announced this week-end it is planning to raise HK$22.5 billion through a concurrent public offer and international share placing on the Hong Kong Stock Exchange.

 

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ę MarketScreener.com 2021