Risk event for the week starting 17 October: UK CPI - FTSE 250
Channel: IG South Africa
Date: 14/10/2022

Wednesday’s release of the UK consumer price inflation (CPI) number could see another drop in the FTSE 250 if the data is strong, like it was in the US recently. IGTV’s Jeremy Naylor sets up the potential for a short position on the mid-cap index, if there is a close below the 16,520 support.


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IG is a global leader in online trading, providing fast and flexible access to over 17,000 financial markets – including CFDs on indices, shares, forex, and commodities.

The IG Group head office in London was established in 1974, and we aim to become the default choice for active traders globally.

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Over the last twelve years we have successfully grown to meet the needs of South African clients.

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