FTSE 100 Down More Than 1%; BoE Holds Interest Rate

The FTSE 100 is trading in negative territory a little past noon as energy and mining stocks fall on weak commodity prices. The move reflects pressure on resource-linked shares rather than a broader market-specific catalyst, suggesting limited near-term index impact.

Analysis

The FTSE 100 is trading in negative territory a little past noon as energy and mining stocks fall on weak commodity prices. The move reflects pressure on resource-linked shares rather than a broader market-specific catalyst, suggesting limited near-term index impact.