Tariffs and bans between US and China is now showing the effect around the world supply chain, IQE have been affected too, worse is to come by end of the year when tech companies have their end of years results out.
2 weeks after Trump meets Xi for G20 meeting lets see if Trump going to put $350billion tarriff on chinese goods, could give FRES sp a boost to £10 to close that 970p gap above.
PMs only went down because trade wars between China and America was going to be solved soon, now not any time soon with China putting a black list on American companies and Dow Jones is slowly going down trend.
Better close their shorts soon or get burned, Marshall Wace went under 0.5% recently and in quick succession too from 1.19% last December to 0.42% in March.