FTSE to open after US, Asia falls ahead of Wednesday's Fed
Source - SMW
London stocks are poised to open in the wake of falls on Wall St and in Asia, with traders looking to Thursday's US Federal Reserve meeting where interest rates are seen being held.
Today, the markets are looking to German PPI data, followed by US building permits and housing starts figures early this afternoon.
US & ASIA
On Wall St overnight, the Dow Jones Industrial Average fell 0.02% to 18,120.17, the S&P 500 lost 0.0% to 2139.12 and the Nasdaq Composite tapered 0.18% to 5235.03.
In Asia this morning, the Nikkei 225 had fallen 0.13% to 16,498.04, while the Hang Seng shed 0.21% to 23,500.81.
At 6.04am, WTI crude was down 0.51% to $43.08/bbl and Brent was down 0.28% to $45.82. Gold was up 0.1% to $1319.1/oz.
Interim results are due from Crossrider, e-Therapeutics, Horizon Discovery, Judges Scientific, Lighthouse, Smart Metering Systems, Shield Therapeutics, Xeros Technology and Yu Group.
Final results are scheduled for PureCircle, while Great Eastern Energy, Highlands Natural Resources and San Leon Energy hold shareholder meetings.