Spreadex financial analyst Connor Campbell details the macro-outlook for the FTSE100 and British Pound, weighs-in on the ECB rate decision and the possible impact on Euro and takes a micro-look at stocks viz. Barratt Developments PLC (LON:BDEV), Sports Direct International PLC (LON:SPD), Dickson’s Dixons Carphone PLC (LON:DC).
Key points
FTSE 100 - Notable shift in client sentiment, Clients are now more confident about the rally
GBP/EUR – benefitting from strong PMIs, EUR could come under pressure if the ECB extends maturity of its QE program
Barrat Developments - Could creep up higher than 5 pound mark