Source - SMW
London stocks are seen beginning cautiously, following lower sessions on Wall St on Friday and in Asia this morning as the Brexit spectre looms once more.

There is little in the way of economic news expected today, although traders will be looking to UK's BBA mortgage approvals data out mid morning.


On Wall St overnight on Friday, the Dow Jones Industrial Average lost 0.71% to 18,261.45, while the S&P 500 shed 0.57% to 2164.69 and the Nasdaq Composite eased 0.63% to 5305.75.

In Asia this morning, the Nikkei 225 had fallen 94% to 16,595.72, while the Hang Seng reversed 0.67% to 23,526.7.

At 5.57am, WTI crude was up 0.61% at $44.75/bbl and Brent was up 0.7% to $46.21/bbl. Gold was down 0.35% to $1337/oz.


Interim results are due from Ergomed, Highland Gold Mining and Mayair Group.

Final results are expected from Allergy Therapeutics and Gemfields.

A shareholder meeting is scheduled for Acorn Income Fund.

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FTSE 100 (UKX)

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