FTSE

PROPERTY

The FTSE rose 0.70% this morning after the Dow Jones closed last night 1.80% higher.

Global markets have rallied on the back of Japan's cut in interest rates, with the FTSE and Dow both up over one percentage point.

London's leading share index is up nearly 1% today despite concerns over the European debt situation.

Baillie Gifford is re-naming and changing the objectives of two of its gilt funds.

Global stocks rallied on Friday on better eurozone news and stronger-than-expected manufacturing numbers in the US.

The FTSE dropped 0.72% to 5,535.8 in early trading as speculation over government plans to introduce a new bank windfall tax hit shares in the sector.

The Dow Jones has made early gains in trading as investors await the Fed's rate decision tomorrow and a possible extension of its quantitative easing programme.

The managers of the Henderson Managed Distribution fund have added put options and a short equity index future into the portfolio on expectations of near-term pressure for stock markets.

Banks and miners have powered the FTSE to a four-month high in afternoon trading after the Bank of England held interest rates at their historical lows.