Thursday 3 May 2012


With less volatility, FTSE 100 shows a rising but firm trend. The British pound, instead, absorbs PMI for the services sector.


Financial markets in UK are showing a diverse trend than peers in the Euro Zone, after one day of knowing the high unemployment rates, never seen in 15 years.
With high expectations about tomorrow’s ECB meeting, and new data about unemployment rate in the US, the FTSE 100 shows a rise of 0.37 percent, behind German Dax 30 (1 percent) and Italy’s Ftse Mib (0.79 percent). Nevertheless, the volatility on the markets in Europe is really high, and this is a reason why Forex Investors look for pounds as a way to refugee their investments previously made in Euros.....



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