Rising market driven by global themes

The UK stock market has been led by global themes over the last few months. There is considerable de...

The UK stock market has been led by global themes over the last few months. There is considerable debate over the sustainability of the market rally, as witnessed by previous commentators. Will the 'green shoots' grow roots? Whatever the answer, the stock market has been rising, driven by positive economic data and newsflow. Most positive has been recent economic data from China, but there have also been positive signs from the US and the UK. Taking a step back, the fundamentals have improved, but from a very low base. Lower mortgage rates, energy costs and a devalued pound have provide...