FTSE 100 index marginally decline, trade optimism between US and China prevent the downside

  • Dec 17, 2019 GMT
  • Team Kalkine
  • The UK benchmark equity index for the large-caps - the FTSE 100 managed to trade in a smaller band as it was supported by the US-China trade optimism and reassuring Chinese economic data.
  • However, PM Johnson’s comments to use his mandate to stop any delay of the Brexit switch period beyond 2020 sent the index lower. At the time of writing (at 03: 15 PM GMT), the FTSE 100 traded 6 points or 0.06% lower at 7,511.62.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

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