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Tesco shares slammed after profit warning- FTSE 100 off the boil
Shares in the leading UK supermarket, Tesco are under pressure this morning. At the last time of looking that stock was down over 7% and it comes as the company issues a warning on profits in the coming year. This has dented the FTSE 100 too, as this company is a leading component of that index. The FTSE official reopened today where it closed last night (7,679), but as usual that is just a bookkeeping entry and not a live price to trade on. The index has traded as high as 8,166 after the opening, but as just noted in the previous update on the European and US futures, the index has fallen back since then and it is now dropping back closer to the 8k handle
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German unemployment claims fall- EUR/USD edges higher as GDP report looms
As suspected and conveyed to you earlier, the EUR/USD push towards the 1.14 handle did reach a zenith before and just after the 8am London fix...
