Financial markets' focus will shift to the Peoples' Republic of China on Thursday.
FTSE 250: 19,831. 48, -0. 63% at 1515 GMT.
European stocks were mostly higher on Wednesday with market participants apparently taking in their stride the prospect of higher interest rates for longer.
London stock markets saw mixed performances by the close on Wednesday, as investors sifted through several corporate news releases as well as the latest US jobs data.
Miners rebounded propping up the wider stock market.
UBS upgraded Rolls-Royce to 'buy' from 'neutral' and nearly doubled its price target on the stock to 200. 0p from 105. 0p as it said the shares were "abnormally cheap" despite China reopening.
Jerome Powell told US lawmakers that no decision had as yet been taken regarding the size of the potential rate hike at the central bank's 21-22 March policy meeting.
Foxtons revealed chairman Nigel Rich has acquired 250,000 shares in the London-listed real estate group.
The Financial Conduct Authority revealed on Wednesday that it has made moves to further crackdown on unregistered cryptocurrency ATMs in East London.
Wedbush lifted its price target on Apple on Wednesday to $190 from $180 to reflect positive Asia checks on iPhone demand so far this quarter, keeping the shares at ‘outperform’ and on the ‘Best Idea List’.
UBS upgraded Rolls-Royce to ‘buy’ from ‘neutral’ and nearly doubled the price target to 200p from 105p as it said the shares were "abnormally cheap" despite China reopening.
Wall Street stocks were in the red early on Wednesday as Federal Reserve chairman Jerome Powell kicks off another day of testimony on Capitol Hill.
America's shortfall on trade with the rest of the world widened by slightly less than anticipated in January.
London’s FTSE 100 was up 0. 3% at 7,940. 48 in afternoon trade on Wednesday.
The number of job openings in the US declined at the start of 2023 albeit by less than anticipated.
Zzoomm, a fibre broadband provider controlled by US investor Oaktree Capital Management, is reportedly exploring a merger with one of its 'altnet' rivals amid growing pressure to consolidate.
Transport technology specialist Journeo announced the signing of a software-as-a-service (SaaS) contract with Transport for Wales (TfW) on Wednesday, to supply a new display content management system (CMS) for the Welsh Bus Data Content Management System (WBDCMS).
Sportswear giant Adidas reported a 1% increase in currency-neutral revenues in its 2022 results on Wednesday.
Private sector employment in the US rose more than expected in February, according to the latest data from ADP.
German carmaker BMW will invest hundreds of millions of pounds into its Oxford plant, ensuring Britain's iconic MINI will continue to be made in the UK.
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