UK Stock Market Forecast Today (August 18): Will FTSE 100 Fall Again? Oil Surges Above $91 After Six-Day Losing Streak - Check Stocks to Watch Today
India, Aug. 18 -- UK Stock Market Forecast Today (August 18): The UK stock market faces another cautious session on Tuesday, August 18, after the FTSE 100 ended lower for a sixth consecutive trading day on Monday. The index fell 0.28% to 10,720, its lowest closing level in more than three weeks, as weakness in consumer stocks weighed on the market.
Investor sentiment could remain fragile as Brent crude climbed above $91 a barrel on Tuesday amid renewed concerns over oil supplies and the deteriorating US-Iran situation. Higher energy prices could increase inflation pressure and influence expectations for interest rates.
UK Stock Market Forecast Today (August 18): Will the FTSE 100 Open Higher Today?
The FTSE 100 enters Tuesday's session...
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