U.K. stocks slide on Fed's minutes

Note: This section contains information in English only.
Source: Dukascopy Bank SA
"The minutes of the most recent Fed meeting did not suggest that policy makers in the US were about to embark on more extensive easing measures"
- Chris Beauchamp, Market Analyst at IG Index.

U.K. stocks declined, as minutes from the Fed's latest policy meeting did not point at further stimulus to boost economic growth.

The FTSE 100 Index fell 56.23 points or 1 % to 5,608.25. The broader FTSE All-Share Index dropped 0.9 %.

"Disappointment has set in as the world's most powerful central bank still seems unwilling to provide another sugar rush of cheap money," said Chris Beauchamp, Market Analyst at IG Index.

"The minutes of the most recent Fed meeting did not suggest that policy makers in the US were about to embark on more extensive easing measures."

© Dukascopy Bank SA

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