FTSE: Lowest Closing Level Since 2010

<p>The FTSE had the lowest closing level since 2010 yesterday due to uncertainty of global growth. The FTSE is rising this morning after a late rally […]</p>

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  • The FTSE had the lowest closing level since 2010 yesterday due to uncertainty of global growth.
  • The FTSE is rising this morning after a late rally on Wall Street as investors are encouraged by hopes of further stimulus.
  • Bargain hunters may help drive markets again as equities are looking quite cheap.
  • Earnings results will be released today by Lloyds, British Land, Unilever and Inmarsat.
  • In economic data, the UK Interest rate decision will be released at 11am (London time). The rate is expected to remain unchanged at 0.5%.
  • Also keep an eye out for US jobless claims at 1.30pm (London time).

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