- A stealth commodity index, the FTSE 100 gained 0.7% today to close higher by 4.7% on the week - its best weekly performance since Dec. 2011.
- A turnaround in commodity prices was key, with Glencore continuing its monster bounce, gaining another 25% or so in the last five sessions.
- Also helping was a dovish-leaning statement from the Bank of England as it help policy steady yesterday.
- The iShares MSCI U.K. ETF (NYSEARCA:EWU) is up a more modest 3% on the week.
- ETFs: FXB, EWU, GBB, EWUS, DXPS, FKU, QGBR, DBUK, HEWU, UK