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Damn, this just collapsed. How many drops are we going to get for the same realisation? We had this last month on UK inflation figures, then Wednesday and now today. It’s the same assumption, that rates aren’t going to be cut in March, each time with the drop being repeated.
Biggest faller in the FTSE 100 it seems. Boo who have apparently not managed to agree refinancing their lenders has dropped by less than 1% more. Watches of Switzerland (for example) who also had a recent profit warning has managed to start the day in the green.