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FTSE struggles to defend 6000 level

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 23, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FTSE struggles to defend 6000 level. Ipek Ozkardeskaya The FTSE opened in the red as reality hindered yesterday’s enthusiasm after BHP announced £4bn half year loss to really help dent risk appetite. Energy, health care and materials are the worst performing sectors in London. The UK miners are under selling pressure despite the recovery in oil and commodity prices. Iron ore futures have bounced higher by more than 30% off the December lows, the iron ore delivered to Qingdao in China surged by

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