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FTSE 100 joins the Santa rally as UK yields fall
The European equity markets are up and running now and the FTSE 100 is the star performer of the show so far. That was pretty much expected here, as noted in an update following the lower than expected UK inflation reports. The FTSE has now risen above 7,760 since opening and it looks like the UK stock market is finally joining the Santa rally. The lower UK inflation prints and subsequent lower UK yields is just what the index needed to kick it into life. So, it has outperformed all that surrounds here in Europe this morning, but the scene more generally is positive anyway.
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