UK stocks jumped on speculation that the US and China are preparing to loosen their monetary policies after negative economic data releases earlier this month. The Fed announced that monetary easing is highly possible soon while bleak outlook on China's PMI may force the POBC to follow the Fed's suit. The FTSE 100 Index added 0.46% to trade at 5,800.81 at the time of writing. Eight out of ten sectors within the index jumped. The top-performers were basic materials and technology shares. Anglo American spurred rally among commodity producers. The company reported that it nears a consensus to stop a dispute in Chile. Rio Tinto, Antofagasta and BHP Billiton also advanced by 0.57%, 3.48% and 1.18%, respectively. Among technology firms, Sage Group gained 1.47%. Meanwhile, financial equities also sent the FTSE 100 Index higher. Barclays, HSBC Holdings and Lloyds Banking Group moved higher by 0.64%, 0.41% and 1.23%, respectively. Utility and telecommunication companies dragged the UK index lower. Vodafone Group and Centrica slid 0.30% and 0.31%.