FTSE 100 futures reacting to higher UK inflation data

As the Pound continues to edge higher after thew higher UK inflation prints released earlier, the outlook for the FTSE 100 opening this morning has deteriorated slightly. That kind of endorses the prospect that the BOE may not cut rates tomorrow. Yesterday the FTSE 100 was actually the worst performer amongst the three major European indexes, where earlier in the day it had looked like being the best. That said, the index still posted a daily close above the 8,300 handle, at 8,309.86. However, that close was well below the earlier session high, at 8,351.72. Right now this morning, just ahead of the opening, the index is priced to effectively reopen at 8,290