Deutsche Bank strategists expect more outperformance for FTSE 100

Deutsche Bank strategists expect more outperformance for FTSE 100
 

Deutsche Bank's equity strategists on Wednesday said they expected the relative outperformance of FTSE 100 to continue due to more sterling weakness.
The FTSE 100 hit a record intraday high of 7,129.83 points on Tuesday. It is up around 14 percent so far in 2016, although the U.S. dollar value of the FTSE 100 has been hit by sterling's slump on currency markets.
"We expect the FTSE 100 to continue outperforming both the FTSE 250 and the STOXX 600 on the back of further sterling weakness," they said in a research note.
The Deutsche Bank team said their currency strategists expected... read more

 
12 October 2016 in Business, Views: 38
Source: Reuters
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