The FTSE 100 dipped in early trading after a muted session for markets overnight, as investors await news on quantitative easing in the US and the UK, and as the European Union's Greek bailout talks continued.
Wednesday sees the end of a two-day Federal Reserve meeting on monetary policy while the Bank of England will also publish minutes from September's MPC meeting. Meanwhile in Europe the European Commission said it is making "good progress" to avert a financial meltdown in Greece, after leaders recently committed to Greece staying in the euro. Markets are betting on further QE in the UK, reported The Telegraph, as increasingly weak data and fears for Europe and its sovereign debt crisis intensify. Opposition to further asset purchasing appears to have softened with members openly talkin...
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