FTSE 100 on course for best January in 15 years

The FTSE 100 has risen 5.7% so far this month, closing up 0.71% or 45 points to 6,339 yesterday's, driven higher by upbeat US earnings figures. The ‘great rotation' out of bonds has been one of the main drivers behind the FTSE's strong start to the year, despite ongoing economic weakness.  The last time the FTSE 100 had such a strong showing in January was 1998, when the leading index rose from 5,135 to 5,458, representing a 5.9% gain. However, concerns over the UK's waning 'safe haven' status have hit sterling badly so far this year. The pound has lost around 5% against the e...