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FTSE up 22 points at 5397 - 21 October, Market Update

2011-10-21 11 Dailymotion

Watch the latest market update from the floor of City Index (http://www.cityindex.co.uk/) with Fiona Cincotta, including news of:<br /><br />- The FTSE is up 22 points at 5397 today, in tandem with modest gains on Wall Street and Asian indices yesterday and earlier this morning.<br /><br />- Investors are keenly awaiting the outcome of the meeting of EU leaders this weekend for signs of progress in resolving the EU debt crisis.<br /><br />- Sunday's meeting is not expected to give an all-cure solution as leaders are still sharply divided over how to strengthen the rescue fund.<br /><br />- On the FTSE, the mining sector performed well today after yesterday's falls.<br /><br />- In economic data, the EU government debt GDP ratio will be released today.<br /><br />- No macro economic data is scheduled for release in the US.<br /><br />From starting out to charting patterns, learn more about trading with a free City Index seminar. Visit http://www.cityindex.co.uk/learn-to-trade/seminars.aspx for details.<br /><br />Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

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