FTSE to follow softer Wall St, Asia on banking jitters
Source - SMW
London equities are set to open on the heels of weaker turns in the US and Asia on the back of trader concerns about the banking sector, with a raft of global data out today likely to be highly scrutinised.
US & ASIA
On Wall St last night, the Dow Jones Industrial Average fell 1.07% to 18,143.45, the S&P 500 lost 0.93% to 2151.13 and the Nasdaq Composite gained 0.93% to 5269.16.
In Asia this morning, the Nikkei 225 had fallen 1.39% to 16,242.4, while the Hang Seng dropped 1.28% to 23,434.97.
At 6.18am, WTI crude was down 0.69% to $47.50/bbl and Brent was down 0.85% to $48.82. Gold was up 0.07% to $1326.9/oz.
Interim results are due from Dolphin Capital Investors, Harbourvest Global Private Equity, Loopup Group and Origo Partners. Final results are expected from Premaitha Health and The Brighton Pier Group.
Shareholder meetings are being held by City of London Group, Entertainment One Group and World Trade Systems.