News Headline Summary
Markets remain quiet with little newsflow and with many market participants away for the Christmas period; FTSE trades higher by 0.2% led by the mining sector, and the CAC 40 trades down 0.2%
Analysis details (05:34)
- In terms of sectors in Europe, Oil & gas and Basic Materials are the best performing as UK mining stocks outperform.
- EUR/USD trades higher on the session by 25 pips at 1.3213 with weakness in the USD-Index.
- There has been no further developments on the US fiscal cliff or political situation in Europe over the weekend and hence range-bound trade is observed in many products this morning.
24 Dec 2012 - 05:33
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