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Fundamental Analysis
Fundamental updates by Solid ECN
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[QUOTE="SOLIDECN, post: 227964, member: 80239"] [HEADING=1]FTSE 100 Rises; Investors Eye Fed Minutes for Rate Cut Hints[/HEADING] [JUSTIFY]Solid ECN – The FTSE 100 recently reached a seven-month peak, primarily fueled by a 1% uplift in sectors like personal care, pharmaceuticals, and groceries. In the realm of individual stocks, Entain experienced a 2% increase following the appointment of Ricky Sandler as a non-executive director. Similarly, GSK Plc witnessed a nearly 2% boost, thanks to an upgraded rating from Jefferies. On the flip side, the precious metal mining sector saw a 0.7% decline. In a broader economic context, the Institute of Directors (IoD) confidence index revealed a growing sense of pessimism and caution among British business leaders, particularly regarding investment decisions. Additionally, investors are keenly anticipating the release of the Federal Reserve's December meeting minutes, hoping for clues about future interest rate cuts.[/JUSTIFY] [/QUOTE]
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