FTSE 100 Expected to Decline as Oil Prices Remain Above $100
The FTSE 100 is anticipated to open lower due to ongoing geopolitical tensions and high oil prices above $100. UK retail sales rose in March, but much of the growth was driven by increased fuel purchases ahead of rising prices. Analysts warn of potential downside risks for consumer stocks and a challenging environment for UK risk assets if inflation remains high.
Topics: consumer spending FTSE 100 geopolitical tensions inflation oil prices UK retail sales