“The market now is saying ‘we’re a bit concerned about what is going on in North Korea’,” says market commentator Matt Brown in Friday’s London Finance show.
“This seems to be a catalyst for the markets to pull back from all-time highs. The question is, is this a buying opportunity or part of a continued downtrend?
“If this downward trend continues, I think it could go quite a bit lower.”
Elsewhere, mining giant PLC () is Brown’s stocks to watch as it sits atop of the FTSE 100 losers list.
() is his one to watch on AIM after it signed a new US distribution deal yesterday.
There’s also a look across to the currency markets and to ’s price target upgrade for PLC ().
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