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London Markets: London markets flat despite Middle East friction

London markets were flat as geopolitical tensions could not dent the week’s central bank-driven rally.

How did markets perform?

The U.K.’s FTSE 100 UKX, +0.03% was also flat, trading at 7,426.5. It increased 1.2% Thursday.

The pound GBPUSD, -0.2755% fell 0.4% to $1.2656, after ticking down 0.1% Thursday.

The continuing tensions in the Middle East continued to lift crude oil benchmarks. The West Texas Intermediate (WTI) CL.1, +0.88% front month contract traded at $57.22/bbl., up 0.3%, and the Brent front month contract BRN.1, +1.32% was at $64.82/bbl., up 0.6%.

What’s moving the markets?

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