The UK 100 opened positively this morning but is now trading down 21 points

The UK 100 opened positively this morning but is now trading down 21 points. The DAX is down 56 points, the CAC is down 12 […]


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  • The UK 100 opened positively this morning but is now trading down 21 points.
  • The DAX is down 56 points, the CAC is down 12 points and Dow Futures are currently trading down 4 points.
  • Britain’s top shares were seen opening a touch higher on Wednesday, with market sentiment supported by this week’s agreement of a long-awaited bailout package for Greece, although concerns abounded that any rescue deal was by no means the end of the saga.
  • However the market fell off after the 9.30am release of BoE minutes.
  • In currencies, GBP/USD is trading at 1.5710, EUR/USD is at 1.3232 and USD/JPY is at 80.20.
  • Gold is currently trading at $1,753, while US Crude Oil for March delivery is trading at $103.35.
  • In economic data, US existing homesales will be released at 3pm (GMT).

 

See the City Index Economic Calendar and Companies Reporting Dates page for latest economic news and company events that are likely to impact the markets today.
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