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FTSE 100 futures get a slight lift after UK inflation reports

The reaction across the markets to the latest UK inflation reports, released just now has pushed the Pound a little lower versus the dollar and the Euro. It has also helped to boost the FTSE 100 futures though. Yesterday the index was by some margin the worst performing major European stock market index. The FTSE 100 hit a session low at 8,190 before later closing not much above that, at 8,195, with a loss of 66.85 points on the day. That 0.81% fall compared to a loss of 0.33% for the DAX and a better, 0.12% gain for the CAC 40. Well, this latest UK inflation data has helped the FTSE 100 futures a bit this morning. That said, UK prices are rising again, so it is only relative to what the markets were expecting. Nevertheless, the FTSE futures are currently higher ahead of the opening and right now pricing that at around 8,220. However, it remains to be seen, if the index will match that, when live trading resumes in less than one hour. We shall see 

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