Pound LIVE: FTSE opens UP but world’s biggest hedge fund warns 'big shakeout' is coming

Pound LIVE: FTSE opens UP but world’s biggest hedge fund warns 'big shakeout' is coming

THE POUND is on a steady footing as the stock markets opened with a bang today. The FTSE 100 has opened 0.9 percent higher at 7,157 points, almost erasing Friday's 1.1 percent decline. Germany’s Dax also added 1 percent and France’s Cac climbed 0.9 percent at open.

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