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FTSE surges 2%

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FTSE surges 2%. Banks in favour. By Brenda Kelly Choppy action continues to rule the equity space and while for a change European markets have not taken cues from events in Chinese equities. Shanghai’s Composite dropped heavily by 6.41% as money market rates jumped. PBOC Vice Governor Yi said they will maintain a delicate balance on reform-stability, put more emphasis on basket regime and strive for more CNY flexibility. Volatility works both ways and there are certainly no guarantees that

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