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Falling Oil Prices and Weak Economic Data Weigh on FTSE 100
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Overview
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Falling oil prices and weak economic data have caused the FTSE 100 to decline, despite lower expectations for rate cuts in the US. Shell's shares have dropped by 2.2% due to impairment charges. Investors are now eagerly awaiting the upcoming earnings season, particularly from JPMorgan and Bank of America.
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How might falling oil prices impact other industries?
What are the potential implications of the upcoming earnings season?
What factors contributed to the weak economic data?
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