(Reuters) – UK’s FTSE 100 rose on Wednesday, boosted by a strong earnings update from Compass Group and a jump in commodity stocks ahead of crucial U.S. inflation data that will determine Federal Reserve’s monetary policy. The blue-chip FTSE 100 gained 0.7% at 0709 GMT, while the domestically focussed mid-cap index advanced 0.5%. Miners climbed 1.8% as metal prices rose on signs of lower domestic COVID-19 infections in China. [MET/L] Oil majors Shell and BP rose 0.6% and 1.1%, respectively, tracking crude prices that recovered on supply concerns as the European Union worked on gaining support …