The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.
FTSE 100 moves on to fresh highs
Further gains yesterday put the FTSE 100 back within touching distance of new highs, and we are seeing those develop this morning.
The buyers continue to drive this higher, and only a move below 7620 would create the lower low needed to put a more bearish outlook on the index.