All US markets closed on Wednesday for Independence Day. At Midday today we will see the latest Bank of England interest rate decision where it is expected to see an increase by 0.25 basis points. The FTSE, writes Greg Secker, 100 slowly traded higher during the session to close the day up 33 points, and the FTSE 250 added 86 points. Futures – DOW is called up 20 points, FTSE is called up 10 points. Oil is trading at $71.30 a barrel and gold at $655.10.

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