HOW ARE THE MARKETS MOVING ON THE BACK OF THE BREXIT CABINET MEETING?
Similar to the comments made today, sentiment on the FTSE 100 is swinging one way and then the other.
It originally moved into negative territory, then it was positive by over 1 percent and now it is relatively flat and moving down.
The GBP has also been oscillating, but currently is close to highs of the day over 1.30 v’s the USD.
Can this be termed as the "Brexit Clarity Effect" or is this merely the calm before the storm?
Worldwide Stock Indices are also trading negatively. It seems no one is enjoying the uncertainty that resides in the market place.
Mid and Long Term investors who adopt "buy and hold" mentalities are possibly fearing this climate continuing.
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