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Ftse Hits Five-Month Closing High, Led By Banks

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http://uk.reuters.com/article/idUKTRE69410320101005

Stronger banking and commodity shares helped drive Britain's top share index to a more than five-month closing high on Tuesday, after encouraging U.S. economic data gave a boost to markets.

The FTSE 100 .FTSE closed 79.79 points, or 1.4 percent, higher at 5,635.76, its highest closing level since April 26, after a 0.7-percent fall on Monday.

Banks .FTNMX8350 were the best performing blue chips, adding 2.5 percent, as the sector rallied from falls last week on fresh European debt concerns.

The pace of growth in the U.S. services sector accelerated last month more quickly than economists had expected and hiring also picked up, according to a report from the Institute for Supply Management.

"The market always appears to be waiting for the next bit of data, but the picture that is building here, for me, is one where the recovery remains on track, albeit it's had its fair share of wobbles during August," said Paul Kavanagh, a partner at broker Killik & Co.

Rejoice in the recovery. The news is clearly good today forget the trillions that the banks need as reported by the IMF, clearly the future is bright and there is nothing to worry about.

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http://uk.reuters.com/article/idUKTRE69410320101005

Rejoice in the recovery. The news is clearly good today forget the trillions that the banks need as reported by the IMF, clearly the future is bright and there is nothing to worry about.

yep make the sheeple think everything is ok and then ....bam......false flag/terrorist attack et al, and the collapse can be blamed on something, --- its like watcing a movie in slow motion

By the way - insider selling is 2341 to 1 ---- hopefully that speaks better volume!

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  • 141 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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