After the miners were dragged south from comments by BHP Billiton, the FTSE closed down 69 points the Dow closed down 68 yesterday

<p>After the miners were dragged south from comments by BHP Billiton, the FTSE closed down 69 points the Dow closed down 68 yesterday. With little […]</p>

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  • After the miners were dragged south from comments by BHP Billiton, the FTSE closed down 69 points the Dow closed down 68 yesterday.
  • With little happening overnight, the FTSE has started strongly this morning Up 21 points at 5912 with a bounce back from those miners who suffered badly yesterday.
  • With many traders waiting for the UK budget later on, there is also plenty of macro data throughout the day to keep an eye on such as UK Public Sector Borrowing and MPC Minutes at 9.30 am GMT.
  • US Existing Home Sales are due at 2pm GMT.
  • Aviva and Standard Life, who both went ex-div this morning, are understandably the biggest fallers, both down around 3.3% while Serco are the biggest gainers Up 2.5% after HSBC raised them to overweight.

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