Expected interest rate rise in US weighs heavy on investors as oil price nudges a unusual 11-year lowThe FTSE 100 has fallen to a three-year low as global markets dropped sharply again,with investors unnerved by a further plunge in oil prices and the prospect of a US interest rate rise this week.In volatile trading, London’s leading index lost 78.72 points or 1.32% to 5874.06 on Monday, and its lowest closing level since early December 2012 and its eighth successive daily decline.
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Source: theguardian.com