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So all the messages for the past 24 hours have been negative 16:10 - Dec 10 with 999 views

with regards to getting a Brexit deal, and today the FTSE is up just shy of 1%.

What on earth is the thinking in the City? Surely no deal would be bad for UK business?

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So all the messages for the past 24 hours have been negative on 16:12 - Dec 10 with 973 views

footers

The FTSE's top-weighted constituents don't do most of their business in the UK or with the EU. They're mainly mining firms and drilling firms, like Shell A and Shell B. So Brexit itself needn't have that much bearing on the FTSE overall, especially as iron ore and other metal prices have been shooting up recently.

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So all the messages for the past 24 hours have been negative on 16:13 - Dec 10 with 969 views

giant_stow

I'll take a guess: Don't most companies in the ftse get their money from abroad? So a crap pound helps them.

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So all the messages for the past 24 hours have been negative on 16:13 - Dec 10 with 965 views

wkj

No Deal Brexit is good, that is why

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So all the messages for the past 24 hours have been negative on 16:15 - Dec 10 with 941 views

SpruceMoose

So all the messages for the past 24 hours have been negative on 16:13 - Dec 10 by wkj
No Deal Brexit is good, that is why

If the pound could tank before Christmas I'd appreciate it, as it would mean my nephews and nieces would get £20.21 each rather than £20.

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So all the messages for the past 24 hours have been negative on 16:15 - Dec 10 with 936 views

Pinewoodblue

So all the messages for the past 24 hours have been negative on 16:12 - Dec 10 by footers
The FTSE's top-weighted constituents don't do most of their business in the UK or with the EU. They're mainly mining firms and drilling firms, like Shell A and Shell B. So Brexit itself needn't have that much bearing on the FTSE overall, especially as iron ore and other metal prices have been shooting up recently.

Companies that trade in $s so rise in value if the £ falls as a lower £ is good for profit.

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So all the messages for the past 24 hours have been negative on 16:16 - Dec 10 with 929 views

wkj

So all the messages for the past 24 hours have been negative on 16:15 - Dec 10 by SpruceMoose
If the pound could tank before Christmas I'd appreciate it, as it would mean my nephews and nieces would get £20.21 each rather than £20.

Means I get to charge more for my renters

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So all the messages for the past 24 hours have been negative on 16:18 - Dec 10 with 916 views

clive_baker

Large proportion of FTSE100 firms report in EUR, so to that degree it’s a derivative of FX. Hence FTSE rallying post Brexit referendum as £ devalued against EUR.

FTSE 250 and GBP falls today are probably more reflective of a no deal. We’re not far off 1:1 £ to EUR.

Summer hols and imports are going to be expensive unless that recovers ladies and gents. FWIW I think it will. I’ve just opened a long position on GBP vs EUR

[Post edited 10 Dec 2020 16:22]

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So all the messages for the past 24 hours have been negative on 16:20 - Dec 10 with 899 views

footers

So all the messages for the past 24 hours have been negative on 16:18 - Dec 10 by clive_baker

[Post edited 10 Dec 2020 16:22]

Which was also helped along nicely by Lagarde this afternoon in relation to EUR.

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So all the messages for the past 24 hours have been negative on 16:23 - Dec 10 with 875 views

SpruceMoose

So all the messages for the past 24 hours have been negative on 16:16 - Dec 10 by wkj
Means I get to charge more for my renters

Great time to be in the carpet cleaning business.

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So all the messages for the past 24 hours have been negative on 16:36 - Dec 10 with 842 views

SuperKieranMcKenna

Counter-intuitive isn't it. But FTSE 100 firms earn much of their Income in USD, boosting their earnings on the back of a weak Sterling. See also index movement after the referendum result

So all the messages for the past 24 hours have been negative on 20:10 - Dec 10 with 677 views

BlueBadger

So all the messages for the past 24 hours have been negative on 16:15 - Dec 10 by Pinewoodblue
Companies that trade in $s so rise in value if the £ falls as a lower £ is good for profit.

I hesitate to use the word 'parasites' but...

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