Edward Dewhirst of City Index (http://www.cityindex.co.uk/) presents the award-winning spread betting provider's daily summary of news from the trading floor, including news of:
- With the FTSE trading within a range since early August, yesterday the markets snapped a 3 day rally, closing down 76 points at 5217.
- As traders await the vote in Germany's parliament for the European rescue fund, the market has followed weakness in the US and overnight in Asia.
- The FTSE is Down 34points at 5183.
- Mixed trading across Europe, the German Dax is slightly negative while in France the Cac is slightly positive.
- The miners are the hardest hit this morning with Xstrata losing 3.3% in early trading.
For more market insights from City Index, visit http://www.cityindex.co.uk/market-analysis/
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