FTSE gives up early gains as investors digest tighter monetary policy
Blue-chip benchmarks in Paris and Frankfurt dropped as automotive shares suffered after poor Tesla results, while wider markets were also subdued as central banks look likely to continue pressing on the monetary policy tightening brake.Sticking with the automotive theme, Melrose spin-off Dowlais Group fell on its first day of trading in London.The dollar also slumped after the release of US jobles