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FTSE 100 rises as Trump calls off Iran strike

FTSE 100 rises as Trump cancels Iran strike, easing geopolitical tensions. Markets rally on de-escalation hopes.

Jack Scott
ByJack Scott- Senior Editor
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British stocks edged higher on Tuesday. US President Donald Trump called off a planned military strike on Iran. Markets found support from easing geopolitical tensions.

The FTSE 100 rose 0.47%. Germany's DAX climbed 0.78%. France's CAC 40 added 0.37%. Sterling slipped 0.19% to 1.3396 against the dollar.

Trump stood down the attack at the request of Gulf Arab allies. He instructed the Pentagon to remain ready if negotiations fail.

Iran said it submitted amended terms to end the war. No details on nuclear matters were discussed.

UK unemployment unexpectedly rose to 5% in March. Early April data pointed to a 100,000 monthly drop in payrolled employees.

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