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Will the Dog bark into the month end?-check out the FTSE 100 futures this morning

Yesterday the FTSE 100 was once again the dog of the European equity markets. The index was once again the worst performing major index. It closed 58 points lower, at 7,624, whilst there were record gains for the DAX and a higher close for the CAC 40 too. The FTSE 100 was sent lower by heavy losses in St. James Place and Reckitt. Yesterday evening, as the US futures all fell back after the close, that sent the FTSE futures lower and price a reopening below 7,600 this morning. However, since then the index future has rebounded to price a slightly higher opening this morning. It will not be long now until live trading resumes and looks in the balance, as to whether the index can rebound to any degree into the month-end, or further selling sends it to what would only be described as a disappointing monthly close. The FTSE is just nor priced to reopen at above 7,635 

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