Market Comment – It’s all about interest rates
Our first ever investment conference was held recently – and most successful it was, too. The background was a subdued market where the FTSE 100 Share Index had lost a little over 1% in the week before – hardly a game changing experience and nothing that a good day’s trading shouldn’t recover. Oil had recovered a bit, though Brent crude is still trading below $50. And the pound had recovered a little against the euro to stand at around €1.40, to stand at a little over 71p.