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SabahEquityResearch
Nov 12, 2021 3:24 PM

FTSE 100 complete analysis  Short

UK 100OANDA

Description

Despite the FTSE 100 making a topside break of its 4-month range, the index looks to be struggling to maintain its gains with this slow movement. At the same time, political uncertainty is picking up once again as the EU and UK lock horns over post-Brexit rules governing trade with Northern Ireland. The EU is reportedly weighing a decision to terminate the post-Brexit trade deal if a the UK pulls out of commitments over Northern Ireland, a decision I see as unlikely, but nonetheless, this will not help risk sentiment.


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