After yesterday’s losses the markets weren’t up to much on Wednesday, taking a breather from their intense vaccine rally-and-retreat.
Down 0.2%, the FTSE found itself sitting just below 6,350. This as the pound nudged 0.2% higher against the dollar and 0.1% against the euro, following a better than forecast inflation reading. The standard figure was 0.7% versus the 0.5% expected, with the core number at 1.5% against the 1.3% estimated.
The Eurozone were even less interested than the FTSE this Wednesday. The DAX and CAC both opened unchanged, at 13,135 and 5,485 respectively.
As for the Dow Jones, it is heading for a similarly flat start to the day’s trading, with the futures forecasting a 0.1% dip. Again, that suggests that investors aren’t taking Donald Trump’s refusal to concede seriously, despite him firing the head of election cybersecurity, Christopher Krebs, after Krebs dared to state that there is ‘no evidence that any voting system deleted or lost votes, changed votes, or was in any way compromised’.
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