FTSE: Another doji style candle yesterday and a minimal MACD. Chart/Levels from Analyst, Nicole Elliott – Investors Chronicle.

 

President Putin aims to rattle G20 Says liberalism has ‘become obsolete’

In an exclusive interview on the front page of the Financial Times today Russia’s strongman Vladimir Putin declares that the ‘liberal idea’ has ‘outlived its purpose’. Praising nationalism and so-called populist movements he continues: ‘’[Liberals] cannot simply dictate anything to anyone just like they have been attempting to do over the recent decades’’ (since 1945, in fact).

UK final first quarter GDP is due at 09:30 BST today. In the meantime, City AM reports that the Office for National Statistics has carried out yet another review of these figures going over the last 20 years and has found the British economy to be £26 billion bigger than original estimates. Still the 5th largest economy in the world with GDP worth $2.81 trillion, according to the IMF’s most recent data.

Financial Markets and Political Commentary
 

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