Positive tones as European markets get underway 4 Oct
- FTSE +0.65% near session highs as GBP falls. Exporters finding favour.
- DAX +0.55%
- CAC40 +0.45%
- FTMIB +0.5%
- IBEX + 0.5%
FTSE now at highest level (7032.56) since May 2015
I don't quite get the exporter/lower GBP correlation so strongly as others . Many of our exporters have to ship in raw materials to make their finished exported product so it's a double-edged sword.