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Market Commentary October 2018

05 Nov 2018

The first couple of weeks of October saw the FTSE 100 come under pressure, as the prospect of interest rates rising faster than had been previously predicted, weighed heavily on asset classes. This, coupled with concerns of a slowdown in global growth caused by the US trade conflict with China, saw the main index fall to a month low of 6,939 before recovering to close the month at 7,128.10, a reduction of more than 4% for the month.

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