- Delta eyes Election Day travel pullback as profits climb
- Florida battered by hurricane, floods but spared 'worst-case scenario'
- UK's William and Kate in first joint public engagement since cancer treatment
- Over 200 women in legal talks with Harrods over Fayed abuse claims
- A very stiff breeze: BBC says sorry for 20,000 kph wind forecast
- Musk finally unveiling his long-promised robotaxi
- London's Frieze art fair goes potty for ceramics
- US, Europe stocks fall on US inflation data
- US consumer inflation eases to 2.4% in September
- Hurricane Milton tornadoes kill four in Florida amid rescue efforts
- South Korea's Han Kang wins literature Nobel
- Ikea posts fall in annual sales after lowering prices
- Stock markets diverge, oil gains after China rebounds
- World can't 'waste time' trading climate change blame: COP29 hosts
- South Korean same-sex couples make push for marriage equality
- Mumbai declares day of mourning for Indian industrialist Ratan Tata
- 7-Eleven owner restructures to fight takeover
- Sri Lanka recovering faster than expected: World Bank
- Hong Kong, Shanghai rally as most markets track Wall St record
- Uniqlo owner reports record annual earnings
- Hong Kong, Shanghai rally as markets track Wall St record
- Indonesia biomass drive threatens key forests: report
- Mumbai mourns Indian industrialist Ratan Tata
- China opens $71 bn 'swap facility' to boost markets
- Asian markets track Wall St record as Hong Kong, Shanghai stabilise
- 'Denying my potential': women at Japan's top university call out gender imbalance
- China's central bank says opens up $70.6 bn in liquidity to boost market
- Youth facing unprecedented wave of violence, UN envoy warns
- 'A casino in every kitchen': Brazil's online gambling craze
- Nobel chemistry winner sees engineered proteins solving tough problems
- Discord seen as online home for renegades
- US forecasts severe solar storm starting Thursday
- Ratan Tata: Indian mogul who built a global powerhouse
- One dead as storm Kirk tears through Spain, Portugal, France
- Indian business titan Ratan Tata dead at 86
- Fed minutes highlight divisions over rate cut decision
- Steve McQueen debuts new WWII film at London festival
- Nobel winners hope protein work will spur 'incredible' breakthroughs
- What are proteins again? Nobel-winning chemistry explained
- AI steps into science limelight with Nobel wins
- Overshooting 1.5C risks 'irreversible' climate impact: study
- Demis Hassabis, from chess prodigy to Nobel-winning AI pioneer
- Global stocks diverge as Chinese shares tumble
- Time runs out in Florida to flee Hurricane Milton
- Chad issues warning ahead of more devastating floods
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- Trio wins chemistry Nobel for protein design, prediction
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- US weighs Google breakup in landmark trial
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London stocks hit record peak, dollar drops before US inflation
The London stock market struck a record peak close to 8,000 points Tuesday on a wave of European optimism before vital US inflation data.
The dollar slid against main rivals on expectations that the rate of price rises has slowed in the world's biggest economy -- data that could ease the pace of more US interest rate rises.
Oil prices retreated, after recent gains fuelled by key producer Russia's decision to curb output following more Western sanctions over Ukraine.
In London, the benchmark FTSE 100 shares index struck an all-time high 7,996.35 points in morning deals after reaching new heights in recent sessions.
"The tailwinds from another decent market performance in the US overnight have given the FTSE another boost, propelling it to a new record high and towards the psychologically important 8,000 barrier," Interactive Investor analyst Richard Hunter told AFP.
"The index continues to attract investment interest with its exposure to banks and energy companies still seeing the benefits of rising interest rates and a recovering Chinese economy respectively."
Shares in Vodafone won four percent after US telecoms giant Liberty Global snapped up a near five-percent stake in its British rival but ruled out a takeover.
Eurozone equities also climbed after bumper Wall Street gains Monday.
US consumer price index inflation, due 1330 GMT, was forecast to have dipped to 6.2 percent last month from 6.5 percent in December, according to Bloomberg.
That is still well above the Fed's target of two percent, and analysts said a higher read on the CPI could spark a hefty sell-off on markets, with traders already worried the United States could tip into recession.
"There is a surprising amount of optimism in the markets again today considering we are just hours away from a hugely significant inflation report," noted Oanda analyst Craig Erlam.
"The CPI data will need to over-deliver if the Fed is going to be convinced to stop tightening over the next couple of months, given the labour market remains red hot."
Asian equity indices ended on a mixed note after a shaky couple of weeks, while the yen won support also as Japanese Prime Minister Fumio Kishida nominated respected economics professor Kazuo Ueda to take the helm at the Bank of Japan.
Ueda will be tasked with kickstarting the torpid Japanese economy while also facing pressure to join international peers in tightening monetary policy.
- Key figures around 1120 GMT -
London - FTSE 100: UP 0.5 percent at 7,983.16 points
Frankfurt - DAX: UP 0.4 percent at 15,452.63
Paris - CAC 40: UP 0.5 percent at 7,240.86
EURO STOXX 50: UP 0.4 percent at 4,256.40
Tokyo - Nikkei 225: UP 0.6 percent at 27,602.77 (close)
Hong Kong - Hang Seng Index: DOWN 0.2 percent at 21,113.76 (close)
Shanghai - Composite: UP 0.3 percent at 3,293.28 (close)
New York - Dow: UP 1.1 percent at 34,245.93 (close)
Euro/dollar: UP at $1.0758 from $1.0723 on Monday
Dollar/yen: DOWN at 132.29 yen from 132.42 yen
Pound/dollar: UP at $1.2198 from $1.2139
Euro/pound: DOWN at 88.23 pence from 88.33 pence
Brent North Sea crude: DOWN 1.3 percent at $85.50 per barrel
West Texas Intermediate: DOWN 1.5 percent at $78.96 per barrel
burs-rfj/bcp/rl
H.Meyer--CPN