Santa Rally for the FTSE Is Long Way Away: Hughes

The video discusses the impact of emerging market trends on oil prices, highlighting Brent crude's drop below $60. It examines the UK banks' performance in stress tests, noting that all but Co-op Bank passed. The telecom sector is analyzed, focusing on BT's deal with EE and its implications for O2 and Telefonica. Finally, the video speculates on the Federal Reserve's upcoming rate decision and its potential market impact.

What is one reason the Footsie 100 has underperformed compared to the rest of Europe?

• High exposure to emerging markets

• Lack of technology companies

• High interest rates

• Strong domestic market

Which bank failed the UK stress tests?

• Co-op Bank

• HSBC

• Lloyds

• Barclays

What was the general market reaction to the UK banks' stress test results?

• Complete indifference

• Strong buying

• Measured and mixed

• Panic and sell-off

Which company is BT planning to make a deal with?

• O2

• Vodafone

• EE

• Telefonica

What is the expected change in the Fed's language regarding interest rates?

• Maintain current language

• Decrease rates further

• Remove the 'considerable time' pledge

• Increase rates immediately