FTSE 100 Further Develops Range on Sharp Turn Lower

What’s inside: FTSE 100 turns sharply lower from near key line of resistance May soon find itself once again testing support Continuing to favor range-trading off key levels What’s driving European equity markets? Find out in our market forecasts. After holding major support following last week’s BoE meeting the FTSE 100 mounted a sizable rally. […]

Australian-Dollar-Ticks-Lower-on-Shock-China-FDI-Miss-html_body_Picture_1

Australian Dollar Ticks Lower on Shock China FDI Miss

Talking Points: The Australian Dollar ticked lower following some weakness in Chinese investment data Foreign direct investment fell 9.2% on-year in January, much further than expected However, the Chinese commerce ministry has pinned much weakness on comparison effects The Australian Dollar slipped on Thursday, but not by much, after the release of some seriously weak […]