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September 30, 2009 | Posted by Robert The FTSE is currently indicating a flat open, as traders are waiting for the release of the UK Index of Services.
While analysts are expecting another negative reading, investors are hoping that the overall improvement will continue. The FTSE is likely to open flat this morning.
Crude oil is currently trading below $67 a barrel as [...]
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September 29, 2009 | Posted by Robert The FTSE is currently indicating a flat open as traders are afraid to make a move ahead of the UK Gross Domestic Product.
Analysts are expecting a reading of -0.6% for the 2nd quarter and a -5.4% year over year. Should the data show a weaker then expected reading, the FTSE 100 could see a [...]
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September 28, 2009 | Posted by Robert The FTSE is currently indicating a weak open, as the UK Hometrack Housing Survey numbers were below expectations.
Analysts are starting to worry that the economic data might not match the expectations set by the latest rally, and that we might be heading for another major dip. The FTSE 100 is likely to start the [...]
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September 25, 2009 | Posted by Robert The FTSE is currently indicating a flat open, as traders are worried about making a move one way of another ahead of next weeks important economic data.
This morning the UK total business investments data will be released, analysts will get a glimpse into the minds of private corporations and see if they are as [...]
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September 24, 2009 | Posted by Robert The FTSE is currently indicating a weak open, as the sell off which started in Asia will push the UK index down 0.5% at the open.
A drop in commodity prices has been the culprit behind the sell off which has affected everyone except the Nikkei. The FTSE is likely to open the day deep in [...]
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September 23, 2009 | Posted by Robert The FTSE is currently indicating a strong open as traders are hoping the transcript from last Bank of England meeting show an upbeat outlook on the economy.
While there will be no signs of any rate hike talks, some discussion about how to control inflation is expected. The FTSE is likely to open strongly this [...]
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September 22, 2009 | Posted by Robert The FTSE is currently indicating a flat open, as traders are waiting until more concrete news comes out regarding the economy before investing more money.
With out any economic data this morning, investors are likely to follow the tone set in the European trading session. The FTSE is likely to open the day on a [...]
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September 21, 2009 | Posted by Robert The FTSE is currently indicating a flat open, as traders are not impressed by the release of the UK Rightmove House Prices.
While prices have improved on the month over month basis, prices are still down for the year, and it has analysts worried. The FTSE will likely start the day flat.
Crude oil is trading [...]
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September 18, 2009 | Posted by Robert The FTSE index is currently indicating a weak open as traders are waiting for the release of the UK Public sector net borrowing numbers before deciding where the market is going.
Analysts are looking to see an increase as the government should be spending more money to help jump start the economy. The FTSE is [...]
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September 17, 2009 | Posted by Robert The UK 100 is currently indicating a strong open, as excitement is in the air just before the release of the UK retail sales numbers.
Traders are hoping that consumers spent money in August, a month when people usually make back to school purchases. The UK 100 is likely to start the day on a [...]
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