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

<p>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 […]</p>

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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).

 

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