London’s premier index drifted lower on Tuesday as a choppy session for global markets left US and European indexes in the red. London’s premier index drifted lower on Tuesday as a choppy session for global markets left US and European indexes in the red. European markets were also suffering, with Germany’s Dax and the Cac 40 in France down 0.7% and 0.6% respectively. “A higher inflation reading, coming to a back drop of a more hawkish sounding BoE would normally send the pound soaring. Pre-tax losses narrowed from 103.3 million euro (£91.8 million) to 72.5 million euro (£64.4 million) for the period.

Source: Irish Independent February 13, 2018 17:48 UTC