FTSE 100 Slips And Metro Bank Slides While House Builders Stride Confidently Higher
“Falling oil and copper prices have seen miners and energy giants slip in trading on the FTSE 100 pushing the index into the red but it’s a signal that some of the supply pressures and higher costs weighing on companies are set to ease. Oil prices have dipped to their lowest level in almost six weeks after US stockpiles increased, with forecasts that American producers are ramping up production. Higher inventories of copper in warehouses are also easing concerns about a tight supply of the metal, which was having big implications for the progress of green energy projects, not least the adoptio...