Big hit for BT, Risk-off in the markets - Tip TV
BT has been smacked with a £42m for its failure via Openreach to compensate other telecoms providers for delays to fixing leased line "Ethernet" services,
Independent Market Analyst Matt Brown says it is a big hit for the BT… good for Vodafone. He adds, “BT will also be fined £300,000 for failing to provide information to Ofcom”
Key points
· Republicans will get behind Trump when it comes to tax cuts and fiscal spending · Oil: It’s going to be hard for prices to get back into the $50-$60 range. The focus is on what the OPEC does · There is more downside to the Russell 2000 index · Burberry rally was more due to Pound… and is more exposed to China
Listen to the full segment for Broker Recommendations
BT#UK#stocks#equities#markets#trading#investing#risk-off#US#forex#commodities#currencies