Costs, rebates and margins
Heading into the close the FTSE 100 has lost 40 points, hit by global growth concerns and a very feeble afternoon session on other indices.
Calmer assessments of Arabian Gulf military action have seen a more measured reaction from European equities as they open at a lethargic pace.
Commodities are in retreat once again, and in particular it looks like the run in precious metals is coming to an end.
Markets ended yesterday firmly off the lows, but where is the next move?
Sentiment is somewhat improved in Asian trade in the absence of fresh developments from the Yemen conflict.
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