FTSE 100 rises on lower oil prices
The FTSE 100 rose as lower oil prices boosted risk appetite. Investors await the upcoming UK budget and the US Federal Reserve policy meeting.
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The United Kingdom's FTSE 100 index rose 0.4% to 10,736.81 points on Monday morning as a pullback in oil prices lifted risk appetite.
The advance marked the start of a busy week headlined by the first budget from finance minister John Healey and a monetary policy decision from the United States Federal Reserve. Meanwhile, the midcap FTSE 250 rebounded 1%, tracking toward its largest single-day jump since October 9.
