FTSE100 in the red on Ukraine, Scottish Independence, AB foods
September 8, 2014 9:15 am
The FTSE100 was moving lower this morning after fears persist centred around the situation in Ukraine and continued uncertainty over Scottish Independence.
The ceasefire so far in the Ukraine appears to be holding, however there have been reports of some small battles taking place overnight between government forces and pro russian militants.
In Scotland recent polls are showing a narrowing of the gap between Yes and No votes, with many sources saying the results remains to close to call. This has sent the GBP/USD and UK markets in general lower as traders speculate on the likely impact of a Yes vote.
AB foods this morning fell even though the companies statement reiterated guidance for this year and says it expects that growth in its Primark and grocery businesses should offset the hit it will take after recent Pound strength and a fall in the price of sugar.
Banking has also taken a hit this morning with RBS being the top sector faller after a downgrade and fears on the impact of Scottish Independence.
The FTSE100 was moving lower this morning after fears persist centred around the situation in Ukraine and continued uncertainty over Scottish Independence.
The ceasefire so far in the Ukraine appears to be holding, however there have been reports of some small battles taking place overnight between government forces and pro russian militants.
In Scotland recent polls are showing a narrowing of the gap between Yes and No votes, with many sources saying the results remains to close to call. This has sent the GBP/USD and UK markets in general lower as traders speculate on the likely impact of a Yes vote.
AB foods this morning fell even though the companies statement reiterated guidance for this year and says it expects that growth in its Primark and grocery businesses should offset the hit it will take after recent Pound strength and a fall in the price of sugar.
Banking has also taken a hit this morning with RBS being the top sector faller after a downgrade and fears on the impact of Scottish Independence.
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