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FTSE 100 opening outlook not looking so hot this morning
The FTSE 100 was the worst performing major European stock market index on Friday. The FTSE 100 limped home to end the week with a mere 4 point gain on the day. The 0.06% rise on the session compared to gains of 0.22% for the DAX and 0.20% for the CAC 40. The drop in oil prices on Friday afternoon did not help the FTSE 100, but perhaps I should also note the UK banking sector, which accounts for a significant percentage of the index. This sector has been under a lot pressure this year too. As of yet that has shown little sign of letting up either. That is another reason to explain the really poor performance of the FTSE 100, when compared to its leading US and European peers. The index closed on Friday at 7,488. It is currently priced to reopen today, at around 7,475
Market News
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Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced... -
USD/JPY drops back to test 149 as US yields slip
The USD/JPY has been tracking lower for the past hour and it has now fallen close to the 149 handle in the process setting a fresh European session...
