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FTSE up as Tesco gets out of Japan-- IG Index Daily Market Update 31.08.11

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Uploaded on Aug 31, 2011

Latest financial market news:

• Fed minutes hint at further stimulus measures in September
• Smith & Nephew tipped as a takeover target for US peer Stryker in four papers overnight
• Gains for engineering sector; IMI,WEIR,GKN all up
• Tesco to exit Japan -- market reaction is positive
• Busy day for US macroeconomic indicators; employment and manufacturing numbers look likely to determine market direction this afternoon.

The comments in this video do not constitute investment advice and IG Index accepts no responsibility for any use that may be made of them.

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