Costs and margins
After three days of losses, US share prices are finally seeing a rebound, but caution is still in the air ahead of next week’s FOMC meeting.
2013 has witnessed double digit growth on our All Share index, which the market is desperately trying to hold on to as we draw to a close for the year.
Heading into the close the FTSE 100 is up five points as the market looks like it will close around the 6450 level.
Copper continues to creep higher, and is now setting six-week highs.
As the US dollar gained some strength from the growing expectations of a Fed taper next week, the euro pulled back towards the 1.37 level before catching a bounce.
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