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As expected and conveyed here earlier in the day, the FTSE 100 was standout underperforming major European stock market yesterday. The index closed 22.65 points lower, at 8,201.54, after falling to set a low at 8,193.54. The FTSE 100 was the only European index not to post a gain yesterday. This morning the UK CPI and RPI inflation reports (due at 7am GMT could have a significant impact on how the FTSE 100 trades today. If there is hope for a BOE rate cut on February 6, then it could help the index rebound. Naturally, the opposite surely applies, if that data does not show some easing in UK price pressure. Right now the FTSE 100 futures are accentuating the positive and pricing a slightly higher effective opening, but it all looks in the balance
Earlier this morning an update here noted that German defence sector stocks were fuelling another push higher in the DAX. Well, since that update the...
The USD/JPY is right now very close to the earlier Asian session low at 151.48, which came after the latest Japanese GDP data beat estimates. The move...
Three of the biggest German defence companies are seeing their share prices rise strongly this morning. The reason for that comes as the markets eye a...
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