Costs, rebates and margins
After a bout of selling at the open, a little recovery has crept in as the morning has progressed. The FTSE 100 is currently flat lining at 6796.
Investors have focused on the more positive elements of a mixed bag of PMI data from the eurozone this morning. France may still look weak, but the German data in particular seems to have emboldened risk sentiment helping to push indices higher.
A snapshot of the early morning's equity news and key market movements.
Understanding sentiment towards markets can be a huge asset when trading with a short-term focus, so it’s been interesting to see the turnaround in sentiment towards China of late.
The NZD has been the highlight of trade in Asia today after the RBNZ decided to hike rates for a fourth consecutive meeting.
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