周一，富时100指数微涨至8278点，在美联储和英格兰银行做出利率决定之前，交易谨慎。尽管人们普遍预计美联储将降息，但降息幅度仍存在不确定性。与此同时，预计英格兰银行将保持利率稳定。在企业方面，京东体育时尚飙升3.6%，表现最佳。Marks&Spencer紧随其后，上涨2.9%，此前加拿大皇家银行资本市场将该股的目标价从350便士上调至400便士，并提高了预期。它保持了“跑赢大盘”的评级。另一方面，在储蓄和退休业务与中期业绩一起表示不再打算出售SunLife后，凤凰集团暴跌5.3%，跌至指数底部。

The FTSE 100 closed marginally up at 8,278 on Monday, in cautious trading ahead of interest rate decisions from the U.S Federal Reserve and the Bank of England. While the Fed is widely expected to cut rates, uncertainty lingers over the extent of the reduction. Meanwhile, the Bank of England is expected to hold rates steady. On the corporate front, JD Sports Fashion shot up 3.6% and was the top performer. Marks & Spencer followed suit, rising 2.9%, after RBC Capital Markets lifted its price target on the shares to 400p from 350p and raised estimates. It maintained an 'outperform' rating. On the flip side, Phoenix Group plunged 5.3% to the bottom of the index after the savings and retirement business said alongside interim results that it no longer intends to sell SunLife.

在本周英国通胀数据和央行会议之前，英国10年期国债收益率保持在3.778%，为2月初以来的最低水平。预计英格兰银行在上个月降息25个基点后将保持利率稳定，尽管期货市场显示，再降息25个百分点的可能性为38%，高于周五的20%。周三公布的通胀数据对英国央行的政策决定至关重要，尤其是在7月份经济意外停滞之后。预计8月份的年通货膨胀率将稳定在2.2%，而核心通货膨胀率预计将升至3.5%。在其他地方，欧洲央行上周降息25个基点，并表示随着通胀放缓和欧元区增长疲软，将进一步降息。与此同时，投资者预计美联储将召开会议，其中降息25个基点的价格已完全消化，对降息50个基点的猜测越来越多。

The UK 10-year gilt yield stayed at 3.778%, its lowest since early February, ahead of this week's UK inflation data and central bank meeting. The Bank of England is expected to hold rates steady following a 25-bps cut last month, though futures markets suggest a 38% chance of an additional 25-bps cut, up from 20% on Friday. Inflation data, due Wednesday, will be crucial for the BoE's policy decision, especially after unexpected economic stagnation in July. The annual inflation rate is projected to hold steady at 2.2% in August, while the core rate is expected to rise to 3.5%. Elsewhere, the ECB cut rates by 25 bps last week and signaled further reductions as inflation slows and eurozone growth weakens. Meanwhile, investors are anticipating the Federal Reserve's meeting, where a 25-bps rate cut is fully priced in, with increasing speculation of a 50-bps move.

富时100指数在周一开局不利后，在8270附近几乎持平，交易员们为美联储和英格兰银行的利率决定做好了关键一周的准备。尽管人们普遍预计美联储将降息，但降息幅度仍存在不确定性。与此同时，预计英格兰银行将保持利率稳定。凤凰集团领跌，在停止出售其SunLife业务后下跌超过3%，尽管上半年营业利润增长了15%，并重申了中期盈利目标。紧随其后的是保诚（-1.5%）和梅尔罗斯工业（-1.4%），劳斯莱斯集团和易捷航空也下跌。主要矿业公司也拖累了该指数，安托法加斯塔和力拓均下跌超过1%，此前中国公布了悲观的经济数据。

The FTSE 100 was almost flat around 8,270 after a negative start on Monday, as traders geared up for a crucial week with interest rate decisions from the US Federal Reserve and the Bank of England. While the Fed is widely expected to cut rates, uncertainty lingers over the extent of the reduction. Meanwhile, the Bank of England is expected to hold rates steady. Phoenix Group led the losses, falling over 3% after halting the sale of its SunLife business, despite a 15% rise in first-half operating profits and reaffirmed medium-term earnings targets. It was followed by Prudential (-1.5%) and Melrose Industries (-1.4%), with Rolls-Royce Group and easyJet also lower. The major mining companies also dragged down the index, with Antofagasta and Rio Tinto both losing over 1%, following downbeat economic data from China.

富时100指数周五上涨约0.4%，收于8273点，标志着连续第二个交易日上涨。投资者关注下周的央行公告，包括美联储和英格兰银行的公告。前纽约联储主席比尔·达德利周四表示，有充分理由降息50个基点，这提高了人们对美联储可能比预期更大幅度降息的预期。在企业方面，贵金属矿商领涨，追随金价反弹。矿业公司Endeavour Mining股价飙升超过7%，Fresnillo股价飙升近6%。沃达丰股价上涨1.1%，尽管英国竞争监管机构对沃达丰与CK Hutchison旗下Three UK以190亿美元合并表示担忧。不利的是，阿斯利康（-1%）因德意志银行评级下调至“卖出”而下跌。本周，富时100指数上涨了1%以上。

The FTSE 100 gained some ground to close about 0.4% up at 8,273 on Friday, marking the second straight session of advances. Investors looked to next week's central bank announcements, including those from the Federal Reserve and the Bank of England. Expectations of a potentially bigger-than-expected rate cut by the US central bank were raised after former New York Fed President Bill Dudley said on Thursday that there was a strong case for a 50 basis point reduction. On the corporate front, precious metal miners led the gains, tracking a rally in gold prices. Miner Endeavour Mining shot up over 7% and Fresnillo surged nearly 6%. Vodafone added 1.1% even after Britain’s competition watchdog raised concerns about Vodafone’s $19 billion merger with CK Hutchison’s Three UK. On the downside, AstraZeneca (-1%) was knocked lower by a downgrade to ‘sell’ at Deutsche Bank. For the week, the FTSE 100 registered an over 1% increase.