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Wednesday's session is expected to see a continuation of the previous day's gains, ahead of the latest policy decision announcement by the Federal Open Market Committee (FOMC). City sources predict the FTSE 100 will open around 29 points higher than Tuesday's close of 6,402.17. The gains were being
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LONDON, Oct 29 (Reuters) - Britain's No.2 clothing retailer Next cut its profit guidance on Wednesday after unusually warm weather suppressed demand for its winter wears, sending an ominous sign to rivals ahead of the crucial Christmas season. Next, which trades from over 500 stores in Brit
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The Federal Reserve is expected to announce on Wednesday the end of its bond purchase programme as part of its latest policy decision. The US central bank is also forecast to keep interest rates unchanged at 0.25%. "I think any major surprises tomorrow is very unlikely simply because there is no pr
Read moreUK retail sales fell 0.3% last month against August, although they still racked up their 18th month in a row of year-on-year growth, official data showed. Month-on-month sales fell 0.3% but year-on-year sales rose 2.7%, according to the data from the Office for National Statistics (ONS). The underl
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