Indexes across London, Europe and the US were mixed on Tuesday afternoon as major bank earnings begin to roll in and attention turned to chipmaker ASML ( ASML ) after its third quarter earnings report was published early.
Traders focused on London are digesting new data showing UK wage growth cooled to 4.9% between June and August, down from 5.1% previously.
The data suggests dampening inflationary pressure in other areas of the economy, which may give the Bank of England more confidence to cut interest rates.
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