FTSE 100 Rises 1.18% as Banks and Miners Advance
Britain’s blue-chip FTSE 100 rose 1.18%. Banks rallied ahead of an expected rate hike this week, while a weaker dollar lifted gold prices and precious-metal mining shares.
Britain's FTSE 100 advanced on Wednesday as banks rallied ahead of an expected rate hike this week, while the weakening of the dollar following the Democrats' sweep of the US midterms lifted gold prices and shares of precious metal miners.The blue-chip FTSE 100 index CURRENCYCOM:UK100 rose 1.18% to…