Miners strong as FTSE gains - IGs Afternoon Market Headlines 29.11.12
The comments in this video do not constitute investment advice and IG accepts no responsibility for any use that may be made of them. Latest financial market news: (all times are London time) • FTSE + 73; DAX +61; CAC +50 EU50 +32. • Dow +51; S&P500 +7; NASDAQ +17. • In the last 48 hours both democrats & republicans have made statements highlighting their eagerness to tackle the Fiscal Cliff. • Markets have rallied on words NOT action. • BP has been solid all day even though they have been banned from involvement with US government projects. • Lots of economic news: German Unemployment rose at a slower rate than expected; UK M4 money supply weaker than expected; US GDP & unemployment inline; US monthly home sales smashed expectations at 5.2% when called at 0.9%. • Please look at the IG website and insight for further analysis.
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