US-China trade worries send FTSE 100 index lower

  • Nov 13, 2019 GMT
  • Team Kalkine
  • On Wednesday (November 13), softened US-China trade prospects sent benchmark indices of the LSE lower against the previous day traded level.
  • At the time of writing (before the market close at 03:00 PM GMT), the broader FTSE 100 traded 24.50 points or 0.33% lower at 7,340.94.
  • However, the broader index managed to trade above its short-term crucial support level of 10-day, 20-day and 50-day simple moving averages.

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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