The British FTSE 100 index started the day with a decline, being under pressure from falling mining stocks. Investors fear that a more decisive increase in interest rates by the world's central banks could lead to a slowdown in the global economy. On Tuesday morning, the FTSE 100 declined 0.2% in the morning, to 7,425.15, as well as the FTSE 250 mid-cap index of companies focused on the domestic market (19,131). The mining stocks sub-index sank 1.9% as an increase in the number of Covid-19 cases in China and an upcoming interest rate hike in the United States raised new concerns about demand for metals. The securities of the drug manufacturer AstraZeneca, which have a lot of weight in the FTSE 100, fell by 2.5% to 130.70 euros. Yesterday, exchanges in the UK were closed due to the August bank holiday, and today they are catching up with European and American markets. It is worth noting that the exchanges in Europe and the United States started the week negatively after the US Federal Reserve on Friday announced its readiness to further tighten its monetary policy.
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