FTSE-100 will top 7,500 as Brexit unfolds, predicts economist

FTSE-100 will top 7,500 as Brexit unfolds, predicts economist
 

The FTSE-100 is set to jump another six per cent from current record levels to hit 7,500, according to John Higgins, chief markets economist at Capital Economics.
Boosted by a falling pound and a rally in oil prices, the bluechip index has this week reached an all-time high of 7,129.83.
But in the coming months the market will be driven higher still, forecast Mr Higgins.
He said: "We think the index will do even better as the currency stays weak and fears about the economic fall-out from Brexit ease."
The pound has weakened following the referendum result, partly in response to... read more

 
11 October 2016 in Business, Views: 44
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