Omnis market update 3 April

The FTSE 100 was relatively subdued as the first quarter of 2017 came to an end. Despite rallying after Prime Minister Theresa May triggered Article 50, it was weighed down later in the week, as sterling strengthened against the dollar on rising UK inflation and expectations of an interest rate hike were brought forward. Many FTSE100 companies generate revenues in dollars, so a stronger pound can hamper the performance of the index.

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