Go to http://www.cityindex.co.uk/market-analysis/ for more trading insights from spread betting and CFD trading provider City Index. Here, Sophia Ziaee brings you the key activity shaping the markets on 26th August. Headlines include:
- Today the markets are moving very cautiously as investors are eagerly awaiting the speech from the Federal Reserve chairman Ben Bernanke at 2.00pm
- Japan's Nikkei stock average was flat on Friday as investors look for clues on what steps the U.S. central bank will take to support the economy.
- In Wall Street Berkshire Hathaway’s investment in Bank of America helped lift sentiment in banking stocks however the Dow Jones dropped 170 points last night.
- In Europe Britain’s FTSE 100 has fallen 0.9% this morning, Germany's DAX is down 1.1% and France’s CAC 40 fell 0.8%
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