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Research Results

Results for 'EM'

1 article with this tag name

FTSE struggling as EM, tapering fears linger; index approaching key support level

Updated -  Jan 29, 2014 8:00:00 AM

Following the recent slump the FTSE stabilised around its 200-day moving average support yesterday which led to some more short-covering-induced gains first thing this morning. However the index turned lower by mid-day along with the other European markets as concerns over emerging markets linger despite the bold rate hikes by the Turkish central bank overnight. Meanwhile shares in Sainsbury fell after it was announced that the grocer's CEO Justin King would step down in July.  [...] Continue Reading

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