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FTSE gains on miners

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FTSE gains on miners by Ipek Ozkardeskaya The European markets opened flat with a sense of caution. The UK miners pulled the FTSE up higher in London. Glencore (4.5%), Anglo American (3.7%) and Antofagasta (3%) lead gains as copper futures are better bid on potential Chinese intervention to halt the slide in metal prices. China is now starting an investigation against malicious metal short-selling, while nickel producers will meet to discuss a potential cut in production; in reaction to

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