FTSE Trades Higher Before UK Employment Report’s Release
Arslan Butt•Tuesday, April 16, 2019•1 min read
FTSE has been trading higher so far today, before the UK employment data releases, up 0.2% about an hour ago. Upbeat data from China about new home prices have helped improve Asia-focused stocks trading in this stock exchange.
According to reports, new home prices grew at a faster rate in China during March, making up for the slowdown experienced in the previous month. There is also rising optimism in the markets that the government’s stimulus efforts have helped improve one of the world’s largest economies.
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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