FTSE 100 Opens Higher as London Leads Europe on November 2
As seen on the 24/7 Wall St. homepage on November 2, 2026.
- 🇬🇧 FTSE 100+0.16%
- 🇩🇪 DAX-0.18%
- 🇫🇷 CAC 40+0.03%
London is carrying Europe on its own this morning, up 0.16% while Frankfurt opens in the red and Paris barely moves. With a Bank of England rate decision due this week, UK large caps are the one place buyers are showing up.
Continue ReadingShow less
The FTSE 100 opened at 14,394 on Monday morning, making London the clear standout among major European markets at the start of the week.
The DAX in Frankfurt slipped at the open and the CAC 40 in Paris barely registered a move, leaving UK large caps as the one place on the continent where buyers are showing up with any conviction.
Sponsored
The timing is meaningful because the Bank of England has a rate decision due this week. Investors in FTSE 100 constituents, many of which are interest-rate sensitive financial and property stocks, are positioning ahead of that announcement, making the index's early strength worth watching closely.
The past two weeks have been choppy, with the index pulling back sharply before grinding its way back. Monday's open puts it just above where it closed last Friday, suggesting the recovery attempt is still intact but not yet confirmed.