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FTSE 100 Set to Open Lower Amid UK Inflation and Middle East Tensions

Guavy AI Editorial Team
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GBP
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The FTSE 100 is expected to open lower on Wednesday as investors await UK inflation figures and grapple with ongoing Middle East tensions.

UK inflation is forecast to have risen 0.3% month-on-month in July, which would be a significant increase from the 0.1% rise in June.

The figures will be closely watched for their implications on the Bank of England's interest-rate outlook.

Meanwhile, geopolitical tensions remain elevated after US President Donald Trump stated there are no talks planned with Iran, contradicting earlier indications that negotiations could be progressing.

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