FTSE 100 climbs as a global rally lifts markets, with the pound holding steady. Investors remain upbeat amid easing inflation and robust corporate earnings. The index has gained 1.5% after strong earnings reports and a buoyant European Union backdrop, signalling confidence in UK equities.

Analysts note the UK market is likely to mirror the broader global trend, while the Bank of England’s cautious stance on interest rates keeps foreign capital flowing. Recent fiscal stimulus announcements add support, and traders anticipate further gains if earnings continue to beat expectations and global risk appetite stays high.

The rally also benefits from positive sentiment following the Fed meeting, reinforcing the FTSE’s trajectory. Overall, the FTSE 100 is poised for continued gains as global momentum builds, with the pound’s steadiness providing a stable anchor for investors.