Major market forecasts: Cable, FTSE100 & Barrat Developments -Spreadex

In this segment, Tip TV’s Nick Batsford talks to Connor Campbell, Financial Analyst at Spreadex.

Watch this segment to know how the outlook and Spreadex client positioning in the GBP/USD pair, the FTSE 100 index, Barrat Developments, Majestic Wine and Electron Component.

Key points

Cable - Remained flat on the week and largely where it was before the elections. US inflation is the big release this week; a strong figure could yield another leg higher in the US dollar. Clients are buying around 1.245 levels.

FTSE 100 - clients buying below 6800 mark… fell the index is likely to follow Dow higher.

Barrat Developments - has a huge presence in the London area and thus could feel the pinch of Brexit. Clients buying under the 5 pound mark. Clients are anticipating comforting comments from the company.

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