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Technical Analysis Daily Majors & Minors
• An local downtrend is already started from resistance level 1.6100, which will be followed by moving down to support level 1.6040 and the to the level 1.5970.
Quick Daily update
• FirstGroup shares have sunk 5.6% on news they have lost the contract to operate ScotRail services. Other shares on the move include: GKN, biggest loser on FTSE 100, down 5.3%. Easyjet continues recent fall, down 2.9%
• A leading debt charity says the knock-on costs for the economy of people getting into too much debt amount to more than £8bn a year.
• The World Bank chief financial officer is giving up part of his bonus after an uproar over cost-cutting measures at the lender.
FTSE 100 down 0.4%
Daily News To Watch
Wednesday 8th October 2014 Previous Forecast Actual