![FTSE 100 today: London shares to open lower amid fading US rate cut hopes, Middle East tensions](https://cdn.newsserve.net/ONPglobe256.png)
FTSE 100 today: London shares to open lower amid fading US rate cut hopes, Middle East tensions
Asian stocks faltered after Wall Street's tech slump, while oil prices surged due to Middle East tensions. China's Q1 GDP soared at 5.3 per cent, yet March's new home prices plummeted. Additionally, the yen hit its lowest level since 1990. Eyes are now on the UK employment data and Fed Chair Powell's speech.
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