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In London, the FTSE 100 is dancing around the 6800 level as British stocks feel the effect of the European Central Bank's easing suggestions. When it comes to a rally in the market, late is better than never; traders in London aren't viewing bad economic news for the eurozone as positive for the stock market as it ramps up the chances of additional stimulus.
The gutting of the French cabinet by president Francois Hollande highlights how much trouble the nation is in. A stalling economy and political upheaval does not bode well for the struggling second-largest eurozone economy.
The Russian saga continues on both fronts; the negotiations between Vladimir Putin and Petro Porshenko will take place in Minsk while violence in the broader region shows no sign of letting up.
Alex Salmond was the clear winner in last night's debate with Alistair Darling over Scottish independence but when it comes to the IG binary bet on the referendum. Our clients are still pricing in an 85% chance of a no vote.
Antofagasta's half-year figures this morning were hit by falling copper prices. The miner raised its dividend and reiterated its full-year guidance but it wasn’t enough to tempt the buyers. The stock is off 3.5%.
Petrofac registered a 44% decline in first-half net profits – the company previously announced a profit warning in May, so the pressure is well and truly on.