FTSE LIVE: Footsie higher as investors await key September inflation data - could show biggest monthly spike in 2 years



08:55: The Footsie opened sharply higher after a strong session in Asia overnight and ahead of a first meaningful UK inflation reading since the EU referendum triggered a steady plunge in the pound. 
In early morning trading the FTSE 100 was up 61.8 points at 7008.1, having finished down 66 points to 6,947.55 yesterday.
In China, the Shanghai Composite was up by 0.5 per cent, while Hong Kong's Hang Seng  traded 0.9 per cent higher.
The major event this session will be the release of UK inflation.  
In August the reading remained unchanged at 0.6 per cent, avoiding the jump to 0.7 per cent... read more

 
18 October 2016 in Business, Views: 41
Source: Daily Mail
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