FTSE 100 edges above 7000 level once again, as markets ignore inflation risks
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FTSE 100 edges above 7000 level once again, as markets ignore inflation risks
The index of UK-blue-chips in positive mood as commodity companies provide support and dealers forget about Yellen comments
FTSE 100 up 83 points
Croda higher on restructuring talk
Miners ahead
10.48am: Markets shrug off Yellen comments
Leading shares are holding onto the 7000 level, as commodity stocks provide support and Tuesday's comments about interest rate hikes from US Treasury Secretary Janet Yellen fade into the background.
The FTSE 100 is now up 83.35 points or 1.2% at 7006.52. Whether it ends the day above the key level remains to be seen - we have been here before.