FTSE 100 Holds Steady Ahead of Bank of England Rate Decision

The FTSE 100 index is opening at 10,728, essentially flat compared to its previous close, as traders wait for guidance from the Bank of England on interest rates.

The uncertainty surrounding interest rate policy is keeping buyers cautious, even though the index is near record territory. The pullback in the index reflects broader hesitation in the London market rather than a single shock.

The DAX is nudging higher, up around 0.07%, suggesting continental European markets are more willing to move while London waits. This divergence is worth noting for those with exposure spread across European equities.