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FTSE 100 hits snooze with statement on restrictions in view

by LLB Editor
18th Feb 21 12:15 pm

Having started on Monday wide awake and made some bumper gains it feels like the FTSE 100 has hit the snooze button for the rest of the week, says AJ Bell investment director Russ Mould.

“The latest day of destiny for investor sentiment feels like it is coming on Monday when Boris Johnson is set to reveal the pace at which coronavirus restrictions will be eased in England.

“Other asset classes continue to surge, with the extreme cold in the US disrupting oil production and driving up prices of the black stuff beyond pre-Covid levels, while bitcoin continues to surge having taken out the $50,000 level.”

 

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