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Nestlé, Swatch pressured by appreciating franc

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Equity markets lose steam. by Brenda Kelly The FTSE is treading water this morning with only the healthcare and energy sectors looking up. Once again the materials sector is dragging its heels with Anglo American the worst performer (-2.13%) and BHP, Antofagasta and Rio Tinto also underwater as metal prices continue to look heavy. The surprise cut from China’s central bank on Friday is being eyed cautiously. It’s the sixth time since November that Beijing has cut rates in a bid to temper the

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