March 1 2015 Latest news:
Closing above 6900 at the end of last week, the FTSE 100 index came its closest yet to establishing a new high. Indeed, yesterday it briefly rose above the previous closing peak, though not above the intraday high it once attained.
It would appear that one by one the world’s leading central banks are responding to the deflationary threat by easing monetary policy still further.
Given the rather dusty response received by the leaders of Germany and France over possible cease fire plans in Ukraine, continuing bad news coming out of Syria and adjacent regions in the Middle East and increasingly strident noises emerging from the new Greek prime minister, it is, perhaps, remarkable that markets are as calm as they are.
The UK equity market has had an extremely volatile start to 2015, for variety of reasons.