The FTSE 100 has surged towards pre-tariff territory after Trump scaled down his attacks on China and the Federal Reserve.

The shares of BP, HSBC and Glencore rebounded by 4% today as global investors clung to hopes of a de-escalation in the ...

Market worries about Trump trying to unseat Fed chair Jerome Powell were eased, as the president said he had 'no intention' of firing him.