UK’s FTSE 100 rises on commodity boost; economic data in focus – Markets

The UK’s FTSE 100 started the year on a positive note, underpinned by energy shares on Tuesday, while investors looked ahead to economic data this week and its potential impact on the Bank of England’s interest rate trajectory.

The blue-chip FTSE 100 was up 0.3% by 0814 GMT, touching an over seven-month high, while the midcap index FTSE 250 edged down 0.1%.

Energy shares climbed 0.9% after…