Markets calm ahead of US inflation data and IMF's UK report - business live

By Network Front | The Guardian
2018.02.14. 08:38
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Busy day for economic news sees key US inflation figures, IMF on the UK and eurozone growth data 8.38am GMT As mentioned, Japan’s Nikkei 225 is in the red, mainly due to continuing strength in the yen. The Japanese currency is benefiting from a weaker dollar, despite slower than expected growth. The country’s latest GDP figures showed the economy expanded by an annualised 0.5% in the three months to December, below the forecast 0.9%. 8.18am GMT After last night’s recovery on Wall Street - which was not followed up in Japan where the Nikkei 225 is in negative territory - European markets have made a bright start.The FTSE 100 is up 46 points or 0.65%, Germany’s Dax has opened 0.9% higher, France’s Cac has climbed 0.5% and Italy’s FTSE MIB has recovered 0.7%. Continue reading......



Network Front | The Guardian - Markets calm ahead of US inflation data and IMF's UK report - business live
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