In this segment, Tip TV’s Nick Batsford talks to Connor Campbell, Financial Analyst at Spreadex.
Watch this segment to know how the outlook and Spreadex client positioning in the GBP/USD pair, the FTSE 100 index, Barrat Developments, Majestic Wine and Electron Component.
Key points
Cable - Remained flat on the week and largely where it was before the elections. US inflation is the big release this week; a strong figure could yield another leg higher in the US dollar. Clients are buying around 1.245 levels.
FTSE 100 - clients buying below 6800 mark… fell the index is likely to follow Dow higher.
Barrat Developments - has a huge presence in the London area and thus could feel the pinch of Brexit. Clients buying under the 5 pound mark. Clients are anticipating comforting comments from the company.
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