FTSE – Traders just can’t seem to win – Spreadex
Connor Campbell – Financial Analyst at Spreadex speaks to Matt Brown about how the FTSE keeps lagging and offering false hope to long traders. This week, the pound has dropped and many would think this what creat a further boost for the FTSE. However, the political woes of the UK Government and global indices pausing for breath have meant the FTSE has begun to drift again. Poor numbers from retail stocks have weighed on the FTSE. Looking ahead to retail sales from the UK and Jobs data. Connor notes that it’s hard to find any positives regarding the FTSE. Although clients are still buying at current levels.
To see more of Connor Campbell on Core Finance please click here.