The FTSE 100 was 0.15% in this morning’s trading.
But hospitality travel inventory and stocks have been framed as new covid tensions are hoping to slow down.
The top riser for the FTSE 100 is airline IAG, which increased by 3%. Rolls Royce was 1.75% higher, while hotel group Whitbread increased by 2%.
European stocks were higher with a 0.5% increase in German DAX and French CAC.
David Madden of CMC Markets said: “The French government began to ease its two-day stance on passenger and bans on goods and has settled in the European market yesterday.
“Fear of the UK being blocked from other parts of Europe (yesterday) and traders have returned to the stock market as they see the goods moving freely through the UK channel again in the short term.”
Oil prices also fell on Wednesday, concerns and concerns over Donald Trump’s threat to not sign the US stimulus bill.
Brent crude fell 1% to $49.55, while US crude fell to $46.50.
Stephen Innes, Chief Global Market Strategist at Axi, said he wanted Trump and the stimulus laws, saying, “No one can leave the stimulus package. It’s all about how the outlines have changed. And honestly And I don’t think Main Street would be bothered to get a $2,000 surprise stocking stuffing, and the market isn’t either.”
XM’s Raffi Boyadjian commented on Trump, FTSE and currency. Possible.
“However, for now, optimism is the order of the day, as investors have been encouraged by the relaxation of the UK travel ban in Europe. France is hoping to reopen its borders for British truck drivers passing through the channel. We have decided, but we only allow those that test negative coronavirus tests.
“The currency has made progress that compliment the underlined positive tone of the French-UK border, supported by a fearful retreat that new virus tensions will significantly hinder global recovery.”
The FTSE 100 currently trades -0.085% at 6,447.70 (1030GMT).
